Walmart has entered a joint venture with JD.com that will create a shift in Walmart’s ecommerce strategy in China. The U.S. retail giant has sold its Yihaodian ecommerce marketplace to Chinese marketplace operator JD.com, and plans to retain the Yihaodian direct business and set up a retail presence on JD.com. Here’s what the deal means to both retailers.
The Council of Better Business Bureaus and the Korea Consumer Agency have signed an agreement to offer cross-border dispute resolution for Korean consumers who purchase goods and services from companies in North America, and for consumers in the U.S., Canada and Mexico who purchase from companies in the Republic of Korea.
CNP Expo was held May 24-26 at Loews Pacific Resort in Orlando. While card not present payments, fraud prevention, and handling of chargebacks were prevalent themes at the show, an awful lot of attention was paid to cross-border ecommerce. Here are 6 of the top cross-border ecommerce tips from CNP Expo speakers
During the last few years, more online marketplaces have been emerging globally, offering retailers even more avenues to sell products, compete and expand their footprint internationally. To remain competitive in this changing landscape, there are three key considerations that U.S. retailers should take into account to help successfully optimize their international strategy and provide a positive shopping experience for consumers.
The Customer Service and Trust and Safety teams at DHgate.com, China’s largest B2B marketplace, have released their recommended best practices for buyers purchasing goods from cross-border ecommerce marketplaces, in order to promote a positive importing experience. Here are the steps DHgate.com recommends a buyer takes before making a cross-border purchase.
Chargebacks911 is urging merchants in the UK to understand and use reason codes in the light of newly released fraud statistics. Figures from Financial Fraud Action UK reveal that financial fraud losses grew by 26% in 2015.
Canadians are increasingly purchasing from ecommerce websites outside of the country. The focus of this article is why Canada is a good opportunity for ecommerce businesses, the challenges they might face, and the top logistics tips for ensuring customer satisfaction.
Less than half (41.9%) of merchants who took Multichannel Merchant’s MCM Outlook 2016 survey in January and February said their ecommerce sites are set up for global business. And 37.8% … Continue Reading →
MercadoLibre said there were 128.4 million items sold through the marketplace in 2015, a growth of 26.8% year-over-year, resulting in a gross merchandise volume of $7.2 billion. Consolidated net revenues for the full year were $651.8 million, a 17.1% increase year-over-year.
Why aren’t more merchants looking to become cross-border sellers? Chuck Whiteman, Sr. VP Client Services at MotionPoint, says one reason is because merchants often are just oblivious to cross-border opportunities. In this Q&A with Multichannel Merchant, Whiteman, who is a keynote speaker at Multichannel Merchant’s Growing Global 2016, discusses the cross-border ecommerce journey