Category: News

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 […]

French Marketplace Solution Provider Octopia Unveils Octopia Ads

Octopia, a leading provider of e-commerce marketplace solutions, has announced the launch of Octopia Ads, its innovative retail media solution. This marks a significant step forward for Octopia, empowering retailers and brands to leverage the power of targeted advertising within marketplaces. Boosting Visibility with Sponsored Search Octopia Ads offers a comprehensive sponsored search solution, allowing […]

Shipping Costs Surge as China Exporters Scramble Amidst US Tariff and Red Sea Worries

Alarms are ringing in the global shipping industry as container freight rates from China experience a dramatic resurgence. This surge is attributed to a confluence of factors, including anxieties surrounding potential US tariff hikes and ongoing disruptions in the Red Sea. Rates Hit 2-Year High The Shanghai Containerized Freight Index (SCFI), a key benchmark for […]

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