Today in data, the latest U.S. Department of Commerce report shows that eCommerce dipped 6.4% in March, but Amazon’s reported plans to add more benefits to Prime memberships means there’s no end in sight to digital shopping. Also, FirstCry is expected to take its baby-focused eCommerce company public.
Data
We’d love to be your preferred source for news.
Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!
0.5%: Overall growth in U.S. retail sales in March
6.4%: Decline in eCommerce sales in March, the biggest drop among the 16 sectors tracked
3.6%; 9.4%: Share of global and U.S. retail spending, respectively, garnered by Amazon
24: Months it took Amazon to double its fulfillment network as eCommerce demand soared
$6B: Valuation sought by India-based baby products-focused eCommerce company FirstCry
$111B; $200B: Projection of India’s eCommerce market in 2024 and 2026, respectively
Add as Preferred Source
