With worldwide cross-border ecommerce sales reaching as high as $2 trillion by 2030, the opportunity is hard to ignore, but there are logistical hurdles to overcome. The good news: provider networks have made it easier than ever for even SMBs to jump in. This MCM report taps cross-border experts to explore both the risks and rewards of cross-border ecommerce in 2022 and beyond.
There is no slowdown in sight for global ecommerce, so now is the time to seize the moment. But before launching, there are many factors to process. Whether you’re a Fortune 500 or an SMB, you can drive prosperous cross-border growth if you tackle a few areas first. Here is a checklist of the high-priority items to consider.
SEKO Logistics has acquired New York-based freight forwarder and cross-border ecommerce firm Air-City, Inc. for an undisclosed sum as it looks to expand its shipping capabilities into China and add resources and infrastructure in the critical New York area. A year ago, SEKO acquired GoodShip International Inc. in Chicago.
While Alibaba has its huge 11.11 shopping festival – aka Singles Day – which dwarfs Black Friday and Cyber Monday, rival JD.com and partner Walmart are weighing in with 8.8 on Aug. 8, hoping its associated luck rubs off.
Newegg, a tech-focused e-retailer in North America and globally in ecommerce, unveiled plans to expand its global reach. See where it is planning to expand to and what it means for the business.
Nearly half of U.S. consumers made a cross-border purchase last year, according to the 2017 Pulse of the Online Shopper report from UPS and comScore, up 4% from the prior year, indicating a growing interest in overseas goods. See what other results the report found, including findings on omnichannel habits and mobile commerce.
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.
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.
Cross-border shopping company, iguama announced it has expanded its online shopping mall operations into Mexico. See what this will mean and what led iguama to make the expansion.
For one thing, online shopping in China is a much bigger deal than it is in the West, as Singles Day sales volumes show. Yet unlike their counterparts in more mature economies, China’s increasingly affluent consumers are fairly new to e-tail. Here are seven key differences between Chinese and Western consumers.