Digital Technology Drives Retail Innovation

eBay

eBay reported an increase in revenues and gross merchandise volume (GMV) for the last quarter, although the digital marketplace anticipates that post-pandemic growth will slow. In retail, Colorado-based soona is aiming to disrupt digital content with quick and professionally produced photos and videos at a portion of the regular cost. And in earnings, Amazon reported its financial results following the close of trading on Thursday. All this, Today in Data.

Data:

57%: Share of consumers who reported making a purchase decision based on a photo.

$27.5B: eBay’s gross merchandise volume for the three months ending March 31.

$10.2M: Amount that soona has raised in Series A funding.

$3B: Sum of eBay’s revenues for the three months ending March 31.

$1.75T: Approximate market cap of Amazon’s stock as of Thursday (April 29).