PYMNTS

APRIL 26, 2020

Ambani, Asia’s richest man, is now a bit closer to his goal of establishing an eCommerce platform to rival Amazon or Walmart’s FlipKart in India’s ripe market for that field. KPMG said India’s appetite for eCommerce is set to grow by $200 billion from now until 2027.

eCommerce 86

eCommerce Retail Investments Numbers 86

PYMNTS

JULY 12, 2017

He shared that low prices, managing risk and making the overall shopping process as convenient as possible are the core tenants of not only what Walmart values but the requirements for eCommerce success. We’re essentially creating a bridge where we are enhancing the shopping experience through machine learning.

eCommerce 41

eCommerce Numbers Retail Sales 41

PYMNTS

JUNE 26, 2020

The retailer’s eCommerce sales, however, jumped by 36 percent in SEK and 32 percent in local currencies, according to an announcement. A “large number” of locations continue to have restricted opening hours and local limitations, while 48 of the company’s 51 eCommerce markets are open.

eCommerce 90

eCommerce Sales Currencies Retail 90

PYMNTS

DECEMBER 21, 2020

There has been a surge in eCommerce this year because of the pandemic, at the expense of in-person shopping as people tried to stay clear of the coronavirus. Retail Index showed that this accelerated the digital shift by five years, with eCommerce transactions for grocery orders alone hitting $5.9 Data from the IBM U.S.

eCommerce 98

eCommerce Valuation Currencies Accounting 98

PYMNTS

MAY 19, 2020

Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up 10 percent over 2019 and eCommerce spiked 74 percent as consumers stocked up on essential and nonessential goods. It is now available in 2,000 stores.

eCommerce 86

eCommerce Forecasting Retail Sales 86

PYMNTS

APRIL 1, 2020

While it is the only option for many retailers, eCommerce is running into its own limitations under the pressure of the COVID-19 crisis. The most concerning news about those limitations comes as retailers get a handle on how and why eCommerce orders have spiked since stores started closing at the end of February.

eCommerce 86

eCommerce Advertising Retail Budgeting 86

PYMNTS

JUNE 17, 2020

It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. And eCommerce was far and away the category that showed the largest percentage of that growth at 47 percent of the total. Not only that, in certain categories, the numbers of physical stores have even grown in recent years.

eCommerce 92

eCommerce Retail Sales Forecasting 92

PYMNTS

MAY 20, 2020

And in eCommerce, digital coupons are growing right along with the crisis-driven shift to online shopping. 47B: Projected value of the Australian eCommerce market by 2023. 4.4M: Number of Afterpay ’s U.S. 47B: Projected value of the Australian eCommerce market by 2023. 4.4M: Number of Afterpay ’s U.S.

eCommerce 83

eCommerce Numbers Marketing Retail 83

PYMNTS

OCTOBER 6, 2020

Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital. But eCommerce, she said, is a different story. The tech is the easiest part, she said.

eCommerce 94

eCommerce Banking Compliance Currencies 94

PYMNTS

MARCH 24, 2020

In an interview with Karen Webster, James Huang, Payoneer ’s regional vice president of Greater China, said the seismic shifts underway signal a change in how global online consumers interact with Chinese eCommerce sellers. So, everyone’s definitely tracking these numbers for the next two weeks.”.

eCommerce 78

eCommerce Transportation Sales Retail 78

PYMNTS

FEBRUARY 10, 2020

The rise of eCommerce is an inexorable one, with real-world ripple effects that extend all the way to feet and wheels on the street — and, by extension, burgeoning payrolls. In terms of headline numbers, the U.S. To that end, hiring within the logistics sector has gained ground, even beyond the holiday season.

eCommerce 75

eCommerce Manufacturing Numbers Investments 75

PYMNTS

OCTOBER 9, 2020

With more and more commerce going online, he said, it will also be increasingly important for sellers to process a higher number of returns and chargebacks and to quickly settle customer disputes. No Turning Back On Digital. After all, online sales no longer rely as much on younger shoppers who are more comfortable with the technology.

eCommerce 118

eCommerce Sales Retail Technology 118

PYMNTS

FEBRUARY 27, 2020

In at least two earnings calls with analysts since the second half of 2019, Ellison has spoken candidly about having “underestimated the level of complexity” of creating an engaging eCommerce experience that converts at the levels of competitors like Home Depot. Nailing eCommerce. Now, he’s changing all of that. The Remaking of a CX.

eCommerce 67

eCommerce Sales Retail Numbers 67

PYMNTS

JULY 7, 2020

introduced a new social eCommerce app. His company, however, flipped the strategy on its head as it made an eCommerce website initially with complimentary returns as well as two-day shipping. It sounds like a boring eCommerce company,’” he said, according to Bloomberg. “People said, ‘What are you doing?

eCommerce 56

eCommerce Startups Retail Planning 56

PYMNTS

APRIL 15, 2020

With some analysts estimating a 4 to 24 percent drop the number was surprisingly low. While the overall number broke records on the negative side, binge-buying put food and beverage at a record 25.6 However, the unprecedented nature of the COVID-19 crisis make these numbers difficult to act on. Overall sales fell 8.7

Numbers 52

Numbers Sales Retail Benchmarking 52

PYMNTS

JANUARY 24, 2020

Merchants have to participate in eCommerce if they want to maintain relevancy in today’s economy, but their engagement in online transactions also exposes them to new forms of fraud. 80: Approximate number of banks in Japan that joined JPMorgan’s blockchain-based interbank communications network. All this, Today in Data.

eCommerce 56

eCommerce Communication Securities Numbers 56

PYMNTS

MARCH 29, 2020

Call it the retail gap that eCommerce can only partly fill. Earlier this month, a record number of Americans — 3.3 But at least one thing is for certain: eCommerce now is becoming not just a preferred way to shop — it’s the only way many can shop. million — filed for unemployment benefits. percent and 16.7

eCommerce 82

eCommerce Retail Sales Numbers 82

PYMNTS

APRIL 2, 2020

Retailers are under the gun to bolster their messaging and ordering capabilities for online shopping, as eCommerce becomes strained amid the coronavirus. Data: 30K: Minimum number of retailers that are alerted to theft by Indyme’s sensors and hardware. 9.6M: Ad spend of eCommerce websites for the week of March 9.

eCommerce 60

eCommerce Retail Advertising Numbers 60

PYMNTS

FEBRUARY 28, 2020

The coronavirus has wide-reaching effects on eCommerce, technology, medicine, business travel and the economy. The furniture eCommerce retailer reportedly relies on China for half of its merchandise. The decision by the eCommerce retailer impacts one of the biggest workforces in the U.S.

eCommerce 73

eCommerce Pharmaceutical Manufacturing Retail 73

PYMNTS

AUGUST 20, 2020

Drizly Group , which works in alcohol eCommerce and delivery, has closed a $50 million Series C funding round, according to a press release. Drizly has seen a growth of over 350 percent in 2020 as compared to last year, according to the release, and the number of retail platforms on Drizly has doubled in size since Jan.

eCommerce 76

eCommerce Retail Numbers Investments 76

PYMNTS

AUGUST 12, 2020

To that end, as reported earlier this week, BigCommerce , the software as a service (SaaS) firm that focuses on eCommerce, went public, surging more than 200 percent on its first day of trading. In a stock market that seems to continuously flirt with new highs, the answer seems to be: Aim for the IPO. million from $10.3 million.

eCommerce 110

eCommerce Valuation Marketing Finance 110

PYMNTS

MAY 7, 2020

In an announcement on Thursday (May 7), the Santa Barbara, California firm said its new product promises to deliver a full-service eCommerce platform for companies selling software and digital products. We expect that number to continue to go up in the years to come.”. The software service sector is crowded with competition.

eCommerce 60

eCommerce Numbers Marketing 60

PYMNTS

JULY 1, 2020

While online purchasing has skyrocketed since March as the country shut down as a defense against COVID-19, so have complaints to the federal watchdog agency responsible for regulating eCommerce. Of that number, more than 18,000 shoppers said they ordered items that were never delivered. Coronavirus-related complaints have hit $4.77

eCommerce 62

eCommerce Numbers Retail Securities 62

PYMNTS

MAY 5, 2020

In the best of times, returns are the bane of eCommerce existence. In these worst of times, they’re even more complicated as return policies are all over the map due to the COVID-19 crisis and consumers who have amped up their eCommerce spending. Some stats around the issue show just how substantial it is for retailers.

eCommerce 74

eCommerce Retail Sales Numbers 74

PYMNTS

JULY 29, 2019

The common view about Africa – once found in recent PYMNTS coverage – is that the vast, varied and massively populated continent represents the next frontier for eCommerce. Sellers must absorb those costs and deal with other associated hassles – none of which, of course, serve to encourage further eCommerce efforts, as Oladele told it.

eCommerce 77

eCommerce Foreign Exchange Accounting Retail 77

PYMNTS

OCTOBER 21, 2020

Retailers on Shopify can now add social group purchasing to their eCommerce storefronts, according to a Wednesday (Oct. PowerBuy lets retailers provide promotions on merchandise after a minimum number of purchasers have joined the promotion, inspiring those who join to decrease the price by distributing the deal. 21) announcement.

eCommerce 56

eCommerce Retail Technology Numbers 56

PYMNTS

APRIL 8, 2019

Fraud is becoming an increasingly more common problem in the eCommerce sector, and is estimated to cost merchants about $130 billion over the next five years. “At We know that a great shopping experience is the key to consistent and sustainable growth, so we built the ultimate frictionless eCommerce fraud prevention solution.”.

eCommerce 72

eCommerce Startups Investments Numbers 72

PYMNTS

MARCH 6, 2020

Walmart is apparently working hard at restructuring itself to win, particularly in regards to how it manages it growing its eCommerce business — operationally and logistically. But how does it look by the numbers? eCommerce retail sales. percent of eCommerce sales. percent of eCommerce sales. percent) of all U.S.

Numbers 77

Numbers eCommerce Healthcare Sales 77

PYMNTS

NOVEMBER 25, 2019

The Supreme Court ruling has started the ball rolling for states and municipalities to tax eCommerce – specifically, out-of-state firms and online marketplaces. The tax jurisdictions number in the thousands, and the landscape is a fragmented one. 24: Number of states that have joined the Streamlined Sales and Use Tax Agreement.

eCommerce 60

eCommerce Sales Economics Numbers 60

PYMNTS

APRIL 27, 2020

The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. In addition, the survey found eCommerce in the U.S. The first phase plans for eCommerce to rise with curbside pickup and home delivery.

eCommerce 103

eCommerce Retail Planning Numbers 103

PYMNTS

OCTOBER 7, 2020

The eCommerce industry is expected to generate $4.5 Fewer than 1 million of the 24 million eCommerce sites on the internet generate more than $1,000 a year, with the remainder consisting of minuscule online merchants that struggle to survive. Exploiting eCommerce Payment Providers.

eCommerce 68

eCommerce Retail Accounting Leverage 68

PYMNTS

FEBRUARY 26, 2019

Yet subscription eCommerce is still a youthful industry, one that, in the words of Emma Clark, chief of staff at Recurly , “is maturing,” with the lessons learned along the way set to influence the next generation of those increasingly popular retail offerings. The findings of the PYMNTS research provided a foundation for the discussion.

eCommerce 78

eCommerce B2C B2B Retail 78

PYMNTS

JANUARY 8, 2021

And in eCommerce, retailers and consumers have benefited from an industrywide effort to remove frictions in online sales experiences. 2.2M : Number of new online customers for Bed Bath & Beyond during the latest quarter. 2.2M : Number of new online customers for Bed Bath & Beyond during the latest quarter.

eCommerce 57

eCommerce Retail Sales Numbers 57

PYMNTS

SEPTEMBER 4, 2019

In India, funding activity over the past weeks headed into the end of August showed that eCommerce startups focused on home delivery gained traction, as measured by funding rounds. As tracked by PYMNTS, total funding activity along sectors as far-flung as logistics, eCommerce, alternative finance and payments tech stood at roughly $2.3

eCommerce 68

eCommerce Startups Investments Finance 68

PYMNTS

JULY 4, 2017

According to the latest findings of the European Ecommerce Report 2017 , it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years. During 2016 alone, eCommerce activity increased by 15 percent to €530 ($602 billion U.S.,

eCommerce 71

eCommerce Retail Sales Forecasting 71

PYMNTS

FEBRUARY 21, 2020

Adore Me has built a solid eCommerce presence with the help of technology and a hyper customer focus, as the lingerie industry increasingly goes omnichannel. 140: The number of employees Adore Me has across the U.S. 6: The number of retail shops Adore Me has across the country. All this, Today in Data. and Europe.

eCommerce 56

eCommerce Numbers Retail Technology 56

PYMNTS

FEBRUARY 10, 2020

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. However, the government’s actions seem to imply that it views the eCommerce field in India as inherently unequal.

eCommerce 70

eCommerce Banking Sales Retail 70