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cross-border ARCHIVE

UK Shoppers Want Pricing in Pounds  Jul 26, 2016 5:31 PM By MCM Staff

Four out of five consumers in the UK will not purchase from ecommerce sites that do not list their prices in British Pounds, according to a survey of 1,000 people in the UK by One Hour Translation. Here’s what you need to consider if you sell to customers in the UK.

Flipkart Acquires Online Fashion Store Jabong  Jul 26, 2016 4:36 PM By Tim Parry

According to Flipkart’s Facebook page, the Indian ecommerce marketplace is “in a relationship” with Jabong. And it’s not complicated: Flipkart-owned Myntra Designs has agreed to buy Rocket Internet-backed online fashion retailer Jabong for $70 million in cash.

In the World of Cross-Border Shopping, Not Everything Can Cross Borders  Jul 26, 2016 2:59 PM By Jamin Dick

What’s on your to-do list? If you’re thinking about expanding into cross-border, it’s probably filled with the basics like keeping on top of currency conversions, duties and taxes, international advertising, and a mountain of other concerns. But what about discovering which items in your inventory can legally be shipped where? These are three important considerations when expanding into the cross-border world.

For U.S. Merchants, Brexit is Much Ado About Nothing  Jul 20, 2016 2:45 PM By Tim Parry

U.S.-based merchants should not need to worry about selling to U.K. customers in a post-Brexit world.
Although U.K. voters chose to leave the European Union on June 24, and the decision had a major negative impact on the world’s financial markets, at least one U.K. businessman says it’s steady-as-she-goes for cross-border ecommerce.

Global Ecommerce Payment Market Will Grow 16% By 2020  Jul 20, 2016 1:35 PM By MCM Staff

Cross-border solutions are expected to take center stage over the next four years, and a report shows the global ecommerce payment market will grow at a compound annual growth rate of 16.42% by 2020, according to the latest edition of the PYMNTS.com X-Border Payments Optimization Tracker.

Tencent and DHgate.com to Create Social Commerce System  Jul 19, 2016 5:28 PM By Tim Parry

DHgate.com and Tencent signed a strategic agreement to create a social cross-border ecommerce application. Here’s how this social commerce system will make on demand B2B communication and deal making a reality for global buyers and sellers, and help DHagte.com to realize their goal of creating an online silk road.

Danish Ecommerce Grows, But Cross-Border Flow Mostly Inbound  Jul 13, 2016 1:00 PM By Mike O'Brien

Ecommerce in Denmark was a record-setting 100 billion kroner, or 13.44 billion euros, in 2015, representing 10% of the country’s retail market. But the flow of cross-border goods is mostly into the country, due to the high price of Danish goods and stiff overseas competition. See what else a national trade association discovered in a new report.

VAT in a Cross-Border World  Jun 30, 2016 11:44 AM By Gregg Zegras

The VAT Challenge is not a one and done issue. Rules are changing constantly as more and more governments want to ensure that they are getting their share of the increasing cross-border sales. Here are some facts to think about when it comes to VAT.

eBay Expands in Africa with MallofAfrica.com Partnership  Jun 28, 2016 2:06 PM By Daniela Forte

eBay will soon be expanding in Africa through a new partnership with MallofAfrica.com, an online shopping startup, beginning next month. See what this will mean for both companies and how it will help eBay expand into Africa.

Chinese Cross-Border Ecommerce Sales Expected to Grow 50% in 2016  Jun 28, 2016 11:52 AM By Mike O'Brien

In 2016, more than 15% of Chinese residents will make online purchases from offshore sellers worth $85.76 billion, according to a new report from eMarketer. By 2020, more than a quarter of the population, representing half of all digital buyers, will be doing so, the company reported.






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