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Global 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.

Rio 2016 – How to Win the Payment Olympics  Jul 20, 2016 10:48 AM By Oren Levy

Although the jury is still out as to whether the Summer Olympics in Brazil will serve as a vital lifeline or a costly folly, there is one aspect that inspires universal agreement: Olympic participants, hundreds of thousands of visiting fans, and even native Brazilians need to feel secure and comfortable when making purchases in a country well known for its credit card cloning activities. Here are several examples of how to win in the payment Olympics.

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.

SMB Ecommerce Shippers Diversifying Carrier Services  Jul 14, 2016 10:50 AM By Mike O'Brien

SMB online retailers are using multiple carriers to get better pricing and eliminate the risk of keeping all their eggs in one basket, according to a new study from Accenture. See what carrier capabilities are most critical to them, and what they’re looking for in terms of cross-border services.

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.

New Entrants Up the Ante in Global Ecommerce Logistics Market  Jul 12, 2016 5:04 PM By MCM Staff

The global ecommerce logistics space is extremely attractive currently and will witness the rise of many new companies, according to a new report from Transparency Market Research. According to TMR’s findings, companies are already upping the ante in anticipation of explosive growth of the ecommerce sector in India and China.






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