A new report from the Boston Consulting Group found that Chinese ecommerce spending was $750 billion in 2016, more than the U.S. and the UK combined, while it’s growing at 20% per year, twice as fast as those markets. See what else the report found, including China’s booming mobile commerce use.
The lure of online marketplaces and the exposure to tens of millions of their customers can lead to significant sales growth, but at what cost? Here’s some things to keep in mind before jumping in and hanging out your virtual shingle.
To address customer demand in the New York metro area, Amazon announced plans to open three new fulfillment centers in New Jersey totaling nearly 3 million square feet. This is in addition to an existing 1.4 million-square-foot facility in Robbinsville, NJ that opened in 2014.
Taking your business globally in 2017 is no easy task, so it is important to check out the latest trends before you decide to decide cross-border ecommerce is the best choice. Here are five trends that will impact your business should you decide to go global in 2017.
In a move designed to save on shipping costs while offering flexibility to customers, Walmart will begin offering discounts when shoppers opt to pick up an online order in store. See what industry observers have to say about the move, including Walmart’s positioning against Amazon.
New guidance from the Chinese government on cross-border ecommerce has given merchants clarity on potential policy changes, making it easier for them to sell goods in popular categories like food, cosmetics and health supplements normally subject to stricter scrutiny. Here is what is expected from these changes and what it means for cross-border in China.
eBay Inc., a global ecommerce marketplace and Flipkart, an ecommerce company in India, have agreed to jointly pursue opportunities in the Indian market. See how this partnership will help both businesses reach online customers.
Amazon announced it is shutting down Quidsi, the parent company to ecommerce sites Soaps.com, Diapers.com and others. See what this will mean for the ecommerce sites under the Quidsi company.
Amazon will collect sales tax in all states with a sales tax and add current tax-free states Hawaii, Idaho, Maine and New Mexico, beginning April 1st. Here is what this could mean for Amazon.