News: A Week in E-Commerce – Week 24

Your Weekly Ecommerce News Catch Up

There is always a lot going on in the world of eCommerce and it is quite hard to keep up. However, the 3PL Blog is providing you with all of the important eCommerce news in one place. Here at 3P Logistics we are involved with all things eCommerce, which means we love giving something back, so here you go!

  • Alibaba Group Holding Ltd have made a bit of a splash in eCommerce news this week. Alibaba said on Tuesday it expects to nearly double its transaction volumes by 2020, signalling it still expects rampant growth as Executive Chairman Jack Ma pledged to intensify a crackdown on fake goods. Expecting to record 6 trillion yuan ($912 billion) in gross merchandise volume in fiscal 2020, is a massive statement to make. You can read more here…
  • On Monday, Apple announced that Apple Pay is coming to the web. Mac users will be able to pay online in Safari using a “Pay with Apple Pay” button, and authenticate their purchase using Touch ID on their phone or watch. This is really entering PayPal territory so it will be interesting to see how this develops. Read more here…Apple Pay Logo
  • With Father’s Day just around the corner, nearly a third of shoppers plan to spend online. 7,200 U.S. shoppers in early May and found that consumers expect to spend $14.3 billion on dads for Father’s Day this year, up 12.6% from $12.7 billion last year. Get more information on this here…
  • Cross-border eCommerce is growing in popularity in China. In 2016, more than 15% of the population will make purchases from abroad worth $85.76 billion, according to eMarketer’s first-ever estimates of the consumer trend. While cross-border eCommerce is not a new trend in China, it is spreading to a much wider population base. Exciting news for those selling to China. Read more here…
  • Strong growth for online shopping in May. Both the ONS and the IMRG yesterday showed strong rises in the value of online shopping last month, with shoppers persuaded, it seems, by hot weather rather than uncertainty over the upcoming European Referendum. Read more here…Online Shopping in May
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