The Growth Of Digital Marketplaces And Livestreaming In Retail

By  |  June 17, 2020
 | 
Shopify

Walmart has teamed with Shopify to bolster its online marketplace presence. The retailer will add Shopify sellers to its marketplace and will especially aim to have small and medium-sized businesses (SMBs) join its eCommerce lineup. And livestreaming is popular in China, while all signs show that major online shopping firms there will keep on a path to expansion. All this, Today in Data.

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    Today in Data

    Data:                               

    1,200: Maximum number of Shopify sellers Walmart will add to its marketplace this year under a deal with the retailer.

    90%: Top share of Walmart’s assortment offered online estimated as of last month to come from its online marketplace.

    74%: Percentage by which Walmart saw its eCommerce sales leap in the latest quarter.

    $61B: Value of transactions China’s livestreaming eCommerce sector generated in 2019.

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    2.5M: Number of sellers Amazon has on its platform.


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