eCommerce

China $1.1T eCommerce Market On Horizon
March 07, 2016

While some Asian country economies may be slowing down, the health of the online retail markets across the continent is booming. According to a recent report from Forrester, as reported on by ZDNet, total eCommerce revenue for China, Japan, South Korea, India and Australia is...

eCommerce
eBay Bets Big On Barcodes To Win Back Google
March 04, 2016

In an effort to gain ground to win over Google’s search, eBay is turning to one old-school retail item that’s full of data: barcodes. As reported by Bloomberg, eBay’s latest efforts in the barcode business involve relying on the data that comes with its products...

eCommerce
Flipkart’s Valuation Slashed 23 Percent
March 03, 2016

The valuation battle over tech companies continues — this time, and most recently, in India. The Wall Street Journal reported Wednesday (March 2) that investors backing the nation’s biggest eCommerce company, Flipkart, have slashed estimations of the company’s valuation, sending yet another shot across the...

Survey Says One In Four Prime Users Use Prime Now
March 02, 2016

Prime Now is very much on the rise, according to a recent survey. StreetInsider shares the findings from a Cowen study indicating that Amazon’s one- to two-hour delivery service was used by 25 percent of U.S. Prime subscribers in Jan. 2016. Writing in the survey,...

Alibaba Reportedly After $4B Bank Loan
February 26, 2016

Alibaba is reportedly after a $4 billion loan from banks as it seeks backing for its expansion plans, according to unnamed sources who spoke to The Wall Street Journal. The news hints at what’s next for the Internet giant, which could include further acquisitions that Alibaba...

eCommerce
Why Paying And Buying Should Break Up At Checkout
February 26, 2016

Checkout friction and shopping cart abandonment is estimated to be a $4 trillion problem plaguing online merchants today. Or so estimates say. Regardless of the specific figure that problem actually amounts to, there’s one thing everyone in the payments industry can agree on today: there’s too...

Google Shuttering Financial Comparison Shopping Service
February 24, 2016

Google’s site for comparison shopping is closing its (virtual) doors. Google’s parent company, Alphabet Inc., announced in an email to partners on Monday (Feb. 22) that Google Compare — which allowed online shoppers in the U.S. and U.K. to evaluate offers from auto insurers, mortgage lenders...

eCommerce
eBay’s New Seller Ranking System Goes Live
February 23, 2016

While online marketplaces like eBay are some of the only places to find the rarest items in the world, shipping delays can still make the whole process feel less efficient for buyers and sellers alike. At least, with some updates to eBay’s seller ranking system...

eCommerce
eBay Sellers’ Gender Gap Price Problem
February 22, 2016

Research shows that women sellers on eBay are paid significantly less than men. According to a new study in Science, female sellers typically receive $0.80 on the dollar when compared to their male counterparts, CNNMoney reported late last week. Nearly 1 million auctions were analyzed from 2009 to...