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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 […]

A new study by Nosto, a leading commerce experience platform, reveals a significant trend in consumer behavior – a growing appetite for cross-border shopping among UK and US consumers. Over Half Embrace Global Shopping The research, based on a survey of 2,000 respondents across both countries this April, indicates that at least 52.5% of UK […]

Exciting news for pet owners across Europe! Zooplus, a leading online retailer for pet supplies, has announced plans to launch its very own marketplace platform in November of this year. This strategic move positions Zooplus to significantly expand its product offerings and cater to a wider range of pet care needs. Subscription Success Paves the […]

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, 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 […]

A recent study by ECC KÖLN, a subsidiary of the prestigious German Institute for Retail Research (IFH KÖLN), paints a compelling picture of a burgeoning trend in German e-commerce: the rapid rise of Asian marketplaces. Surge in Awareness and Usage The research reveals a significant increase in brand awareness for Asian marketplaces among German consumers. […]

Turkey’s e-commerce landscape is experiencing a period of phenomenal growth, driven by a unique blend of factors. While rising inflation undoubtedly plays a role, the Ministry of Commerce’s recent report highlights a robust underlying trend of digital adoption and consumer behavior shifts. Surge in Online Spending The report reveals a staggering 115% increase in e-commerce […]

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 […]

A new post-purchase study by fulfillment companies Salesupply and ParcelLab reveals a concerning trend in the UK online retail landscape – a significant lack of transparency when it comes to delivery information. Half of Retailers Lack Basic Information The study, which evaluated the post-purchase experience of the top 100 UK online retailers, found a shocking […]

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 […]