Author: Editor

DMSMatrix Showcases Expertise at 7th 616 Global Cross-Border E-commerce Exhibitio

DMSMatrix, a leading provider of data-driven solutions for the e-commerce industry, marked its presence at the recently concluded 7th 616 Global Cross-Border E-commerce Exhibition, held on June 15th at the Futian Exhibition Center in Shenzhen. Strategic Participation: Connecting with a Thriving Market The event, organized by the Shenzhen Cross Border E-commerce Association, served as a […]

Hong Kong E-commerce SMEs Get a Boost with New Trade Loan Insurance Cover

A significant development for Hong Kong’s burgeoning e-commerce sector has emerged with the introduction of a new trade loan insurance program. The Hong Kong Export Credit Insurance Corporation (ECIC) has partnered with fintech startup FundPark to offer this innovative solution. Unlocking Funding for E-commerce Businesses The program aims to address a critical challenge faced by […]

Austrian E-commerce Booms, But Cross-Border Spending Raises Concerns

Austria’s e-commerce landscape is experiencing a resurgence, fueled by a 5% year-on-year increase in online spending that reached €10.6 billion. However, a new study commissioned by the Austrian Trade Association (Handelsverband) and conducted by KMU Forschung reveals a trend that is causing some concern – the dominance of cross-border purchases. E-commerce Makes a Comeback The […]

Alibaba.com Targets 20% Growth in 2024, Emphasizes Business Model Innovation Amidst Shifting B2B Landscape

Alibaba.com, the B2B (business-to- business) e-commerce platform under the Alibaba Group umbrella, is setting ambitious growth targets for 2024. President Zhang Kuo announced a projected gross merchandise value (GMV) of US$60 billion, signifying a 20% increase compared to the US$50 billion achieved in 2023. Shifting Gears After Exponential Growth This growth target comes after a […]

UK and US Consumers Embrace Cross-Border Shopping, Driven by Fashion and Competitive Prices

A new study by Nosto, a leading commerce experience platform, reveals a significant trend in cross-border e-commerce – a growing appetite among UK and US consumers for shopping online from international retailers. Over Half Embrace Global Shopping The research, based on a survey of 2,000 respondents across both countries this April, indicates that at least […]

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