Tag: online shopping
US e-commerce sales jump 49% in April, led by online grocery
Online retailers are seeing Black Friday-like sales due to the impact of the COVID-19 pandemic on their business. According to new data from Adobe’s Digital Economy Index, U.S. e-commerce jumped 49% in April, compared to the baseline period in early March before shelter-in-place restrictions went into effect. Online grocery helped…
Read More
A Chinese city to pump life into local business with WeChat live streaming
China is showing renewed interest in live streaming. As the coronavirus swept through the country and shut down premises in droves, businesses are turning online to drive sales. Many have adopted live streaming, a model that predates the short videos that dominate many of our mobile screens now. Ecommerce titans…
Read More
AR is the answer to plummeting retail sales during lockdown
Alex Chuang Contributor Alex Chuang is the managing partner of Shape Immersive, a leading VR/AR agency that drives innovation for the world’s top brands and enterprises. More posts by this contributor The fall of the unicorns brings a new dawn for water bears Where Vancouver’s Tech Ecosystem Goes From Here…
Read More
US lawmakers ask Jeff Bezos to testify about Amazon’s alleged data abuse
Following a recent Wall Street Journal report on Amazon's use of third-party seller data, the House Judiciary Committee has called on Jeff Bezos to testify before Congress. In a letter signed by a bipartisan group made up of four Democrats and three… Source
Read More
Walmart is piloting a pricier 2-hour ‘Express’ grocery delivery service
Record usage of grocery delivery services amid the COVID-19 pandemic has led to delayed orders, fewer open delivery windows, and an inability to even book a delivery time slot, on occasion. Walmart now hopes to capitalize on the increased demand for speedier delivery with the introduction of a new service…
Read More
African fintech firm Flutterwave launches SME e-commerce portal
San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more eBay — with no inventory or warehouse requirements. Flutterwave insists the move doesn’t represent any shift away from its core payments business.…
Read More