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In 2024, this trend will likely intensify in the e-commerce industry. Customers expect e-commerce platforms to offer eco-friendly options, reduce packaging waste and embrace sustainable practices.
The e-commerce trend continues to take share from traditional retail. Statista estimates a 9.79% compounded annual growth rate in worldwide e-commerce revenues between 2024 and 2029.
With the U.S. alone exceeding $1 trillion in e-commerce sales in 2022, it’s no surprise that businesses are looking to innovate in the online shopping space.
Shopify, a Canadian e-commerce platform, has built a booming business selling tools to make it easy for companies to build online shops. On August 2nd the firm reported an Amazon-trouncing 31% ...
In an effort to keep pace with the recent outburst of e-commerce, the U-Store has launched a new service that enables students to order their course textbooks online.According to U-Store president ...
Make no mistake about it — using AI in e-commerce is no longer just an e-commerce trend. It is here to stay and transform the e-commerce industry.
But the rise of e-commerce in the early 2000s changed all of that, and tech giant Amazon (AMZN-2.61%) was a big proponent of the shift to online shopping. Retail continues to evolve, even today.
Second Quarter Highlights. For the June quarter, PDD posted revenue grew 86% YoY to 97.06 billion yuan, which is about $13.6 billion. Its rival, JD.com also posted revenue growth but of only 1.2%.
SHANGHAI, Sept 26 (Reuters) - Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. Platforms ...
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