News: A Week in E-Commerce – Week 25/26

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Your Weekly Ecommerce News Catch Up

Its been as busy as ever over the past couple of weeks for eCommerce news so here you go, 3PL’s eCommerce blog. So get yourself a brew, and have a catch up on the recent happenings in the world of eCommerce.

  • 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. Read more here…
  • The effects of last week’s UK vote to leave the European Union are being felt across eCommerce. While negative effects are being seen as share prices fall, opportunities are opening up as the pound falls against currencies from the euro to the dollar – making the UK prices a bargain for overseas shoppers buying online. Read more here…

cross border eu referendum

  • Amazon are back again, with the second annual Prime Day having been announced to be on the 12th July. Amazon announced yesterday (Thursday) that the event is to be taking place and it will become the biggest Amazon sales event ever, with more than 100,000 price cuts for Prime subscribers around the world. Read more on this here…
  • E-Commerce in Vietnam has been in the news this week as their eCommerce sector is growing and follows up with the rest of the South-East Asian countries. Revenues sourcing from eCommerce are expected to reach above $4 Billion by 2020. Vietnam is a growing market but can be overseen next to the South Asian countries’ big success. However, it is proving to be a great opportunity with its return rates on social media and paid search. Read more here…

mobile-commerce

  • Mobile E-Commerce is growing. I think we can all agree that mCommerce is definitely on the up, especially with the rise of eCommerce. E-Commerce in the UK is set to reach 81 billion euros in 2016, partly due to an impressive growth in smartphone-based buying. Mobile eCommerce is expected to be worth 30 billion euros this year, which is an increase of more than 25 percent compared to last year.

 

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