Shopee’s strong Q4 helped power Sea Ltd to its first quarterly profits: The ecommerce marketplace used its dominance to extract more fees from sellers, even as gross orders fell.
Threecolts wants to help Amazon sellers level the playing field: The London-based startup raised $90 million to give merchants the tools they need to build a sustainable business on the marketplace.
Macroeconomic headwinds and tight competition might’ve complicated Affirm’s growth efforts in Australia.
In-store shopping remains the largest US retail channel by both share and dollars. Growth overall will decelerate as economic worries lead consumers to pull back on spending.
JD.com’s revenues rose 7% in Q4: That’s a rapid slowdown from 23% growth a year earlier as COVID restrictions caused consumers to pull back spending.
Apple makes India its own sales region: The move reflects the country’s growing importance to Apple, which generated record revenues in India in Q4 and will soon open retail stores in the nation.
At least 10% of US ecommerce orders were returned each week from last November through mid-January, according to Salesforce. The return rate was as high as 16% in some weeks, a significant increase over the previous holiday season.
Widespread and persistent discounting hurt thredUP’s sales in Q4: But the resale platform thinks the tide will turn in 2023 as retailers trim inventories and shoppers look for deals.
The country's central bank launched a pilot of the digital real, with hopes of giving the public access by the end of 2024.
Buy now, pay later (BNPL) has thrived because it combines the flexibility of credit with short repayment terms, app-based shopping, and a simple user experience.
Overall retail spending will rise 4.5% to $1.328 trillion for the 2023 holiday season.
Walmart is taking a page from Amazon: The retailer looks to diversify its revenue streams by growing its ecommerce, retail media, and services businesses.
Retail media networks (RMNs) are both still in their infancy and intimidatingly complex. Most brands advertising via retail media are using multiple networks, according to the Association of National Advertisers, but data and analytics aren’t standardized across platforms. The result is a major headache for advertisers. Here are some tips for using retail media right.
Temu’s battle with Shein heats up: The ecommerce newcomer hopes to surpass the latter’s GMV this year as part of its quest to eventually take on Amazon.