The US auction site Ebay has announced to spin off payments subsidiary Paypal in order to better tackle the growth opportunities in each of the companies’ markets.
Rocket Internet’s Zalando- clone Lamoda, which is targeting the Russian fashion market, has made considerable losses in 2013, as is evident from the newly released IPO prospectus of the e-commerce incubator. In spite of the fact that its revenue more than doubled, its net loss was approximately $53.4 million, reveals East West Digital News.
Sports equipment brand Nike has released first quarter figures revealing a 23,5 percent increase in net income and a 3 percent online share in total sales. Above that, Nike’s executives reveal an over 70-percent e-commerce growth during an earnings call with investors on Thursday.
According to the latest figures by branch-association FEVAD and research company Mediametrie, the French are less and less reluctant to buy products online. Even groceries are purchased via the internet more frequently, reveal the results of the 2013- e-commerce research. In addition, the French become increasingly adept purchasing across channels and borders.
Whereas technology is heavily converging and influencing consumers’ shopping behaviour, shoppers do not assume that store’s will disappear any time soon. This is apparent from Capgemini’s most recent research - the Digital Shopper Relevancy Report 2014 – which surveyed more than 18,000 digital shoppers from 18 countries.
House of Fraser will equip a Caffè Nero coffee shop in Cambridge with House of Frase tablet computers allowing consumers to shop while drinking their coffee. That was reported by Internetretailing.net on Friday.
Every week there are countless interesting news stories about cross-border online trade. E-Commercefacts searches out for you on a daily basis the topics to which we attach the greatest importance. To ensure that you never miss anything, we have compiled together all of last week's news that didn't appear as a dedicated article!
DHL Parcel has moved to the next phase of the drone research project it launched in December 2013. The delivery drone, baptized “DHL parcelcopter”, will deliver medications and other urgently needed goods to the to the North Sea island of Juist. This was announced by DHL in a press release on Wednesday.