Around the Ecommerce world in 5 mins!

Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.

We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.

Amazon Singapore to launch soon

According to reports, Amazon is about to make its debut in the South East Asia region with the launch of Amazon Singapore. There’s no fixed date but it seems that the timeframe will be weeks rather than months. The launch had previously been expected during the first quarter of the year and has since been delayed.

eBay announces a visual search tool for mobile shoppers

Online marketplace giant eBay Inc. will roll out an image search tool in its app and on the mobile web this fall. Image search allows shoppers to take a picture, or select one saved on their smartphone, and enter it in eBay’s mobile search bar. That sends the marketplace on a quest to match the image to its 1.1 billion products and surface the most visually similar products on the search results page.

Wal-Mart moves away from ‘Made in America,’ recruits Chinese online vendors, trailing Inc in the number of goods for sale on its website, is recruiting vendors in China and other countries to boost its online offerings in a pivot away from Wal-Mart’s Made-in-America campaign. While there is a financial incentive behind the move, Wal-Mart’s decision comes out of necessity: not all the goods its customers want – ranging from jeans to bicycles to beauty products – are manufactured within the United States.

UK businesses exported £1.8bn in 2016 and grew 29% yr on yr on Amazon

Amazon have just released the Amazon Summer 2017 Trends Report which reveals Brit’s top 10 favourite items in a variety of categories. If you want to know the most asked questions of Amazon Alexa, the top 10 print books, the top 10 eBooks or the most streamed artist or songs then it’s all in Amazon’s Trends Report. What’s much more interesting is the section relating to marketplace sellers.

E-commerce deliveries boost UPS

United Parcel Service Inc on Thursday reported a higher-than-expected quarterly net profit, citing a jump in ecommerce deliveries in its U.S. domestic package service, and confirmed its forecast for 2017. The world’s largest package delivery company said revenue at its core U.S. domestic package service rose 8 percent to $9.7 billion.

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