Technavios analysts forecast the global retail display market to grow at a CAGR of 15.84% during the period 2017-2021.
The EBA proposes creation of new online shopping regulations that many stakeholders feel would effectively disable some one-click shopping and automatic app payments.
Published by: ITProPortal
On Monday, Amazon took the wraps off Amazon Go, a real-world grocery store that comes with a twist: there’s no checkout process. You just grab the stuff you want and walk out; the order posts to your Amazon account afterwards.
Published by: Wired
When it comes to mobile payments adoption, Chinese consumers are taking the lead. And, that says Sy Choudhury, senior director of product management for Qualcomm, can teach the world a lot about how to use mPOS technology to get a mobile leg up.
Published by: Pymnts
Fraudulent transactions where a credit card is not physically presented to a merchant—increased significantly from Black Friday to Cyber Monday 2016 when compared to the same period in past years.
Published by: Security Magazine
India’s most valued internet company has been devalued—yet again. In one of the most drastic markdowns for Flipkart so far, one of its investors, a mutual fund managed by Morgan Stanley, slashed the Bengaluru-based e-commerce major’s value to just $5.54 billion (Rs38,030 crore). At its peak in May 2015, Flipkart was valued at $15.5 billion.
Published by: Quartz
Online retailers and convenience stores are enjoying strong momentum in China thanks to rapid urbanisation, according to the annual Chinese shopper report released by Kantar Worldpanel and Bain & Company.
Published by: Campaign
The retail sector has benefitted hugely from the rise of digital platforms, expanding stores’ reach and offering a range of services to earn the loyalty of online buyers. Yet retailers’ innovations don’t always improve the customer experience or their own business efficiency, according to a recent study from eCommera.
Published by: eMarketer
Black Friday online sales this year topped US$3 million for the first time ever, hitting US$3.34 billion, a 21.6% increase over the same day in 2015. And this past Monday, online consumers toppled even that record –– spending a collective $3.39 billion, making it the largest online shopping event in history.
Published by: BigCommerce
Early numbers are in from Cyber Monday, and all indications are that Cyber Monday - and, in fact, the entire Thanksgiving Weekend - are successes for e- and m-commerce. According to HookLogic shoppers using their smartphones accounted for 43% of all shopping for Cyber Monday.
Published by: Biz Report