China, chinese shopping, chinese ecommerce, chinese market, global, global ecommerce, Growing Global, ecommerce, buying online, online marketplace, Marketplaces,, Taobao, Shipping/Delivery, shipping, logistics

Chinese Ecommerce Market Pegged at $1.7 Trillion by 2020

| Mike O'Brien

Despite some forecasts projecting a slowdown in ecommerce in China, a new report from Goldman Sachs sees the world’s largest online market continuing to boom over the next four years. The report pegged Chinese ecommerce sales at $750 billion in 2016 sales, coming from 460 million online shoppers, and projects a CAGR of 23% through 2020 – nearly triple the rate of offline sales. See what categories and companies are leading.

Alibaba Singles’ Day Tops 2015 Sales with Hours To Go

| Daniela Forte

Single’s Day, the mega-shopping holiday created by Alibaba Group Holding Ltd., and held each 11/11, has surpassed 2015’s total of $14.3 billion, with several hours left. See what is being predicted for this shopping event and how it will impact shoppers.

SnapDeal Launches SnapDeal Gold Service

| Daniela Forte

In an effort to keep up with recent moves by competitors FlipKart and Amazon, Indian ecommerce marketplace SnapDeal has launched SnapDeal Gold. The Indian marketplace boasts that the service will provide no shipping charges, free next day delivery and an extended 14-day return policy. See what else this new service will offer SnapDeal customers.

India ecommerce

Indian Ecommerce Market to Reach $220 Billion by 2025

| MCM Staff

Indian ecommerce is projected to hit $220 billion by 2025, driven by a younger demographic profile, increasing internet penetration and economic growth. See how the strength of logistics and fulfillment operations are critical factors in this surge.

eBay Partners with CaribShopper and Expands into Caribbean

| MCM Staff

Caribbean ecommerce solution CaribShopper has announced an official partnership with global online marketplace eBay, which will allow shoppers in the Caribbean to purchase items from the “eBay powered by CaribShopper” app. See what this means for Caribbean ecommerce shoppers.