Big-box companies like Amazon and Walmart have only been enhancing their dominant presence in today’s market. Their relentless takeover from acquisition to plain out-performance of smaller companies has brought them to the international stage, where for Walmart, their standardized supply chain cost-cutting model for success does not necessarily translate to an augmented bottom line. Standardization […]
The eCommerce sector has experienced remarkable growth in the past couple of quarters. Digital Commerce 360 reports that global cross-border online sales increased 21% between January 1st and June 14th, compared to 2019 data for the same quarters. In addition, Consumer research by PYMNT shows that 60% of consumers plan to continue shopping online, and […]
While a good portion of international spending comes from North America and Western Europe, e-commerce sales are estimated to grow 44 percent in the Asia Pacific region in 2014. Many global companies are improving their outlook and strategy with e-commerce in an effort to get on top. Engaging in activities like adding more languages, localizing mobile apps and much more…
In 2016, e-commerce sales in the US reached $396 billion and are predicted to grow to 684 billion by 2020. In China, e-commerce is expected to outstrip the US’s with $1 trillion in e-commerce sales in 2016 growing to $2 trillion by 2019. In other emerging markets like Mexico, where internet and mobile penetration is growing, market potential is increasing.