The volume of online payment fraud worldwide is predicted to rise at double digit rates to more than 20 billion Euros in the next few years. Payment providers and other FinTech companies are innovating to supply the best fraud protection solutions for the benefit of merchants and consumers. But how…
Brazil is the regional leader in Latin American B2C E-Commerce market Brazil is the largest B2C E-Commerce market in Latin America in terms of sales, and also the regional leader both in number of online shoppers and in online spending per shopper. Last year, Brazil accounted for nearly half of…
Based on the officially reported global B2C E-Commerce sales, the world’s top 5 companies by 2015 results were: Amazon.com, JD.com, Wal-Mart Stores, Sunning Commerce Group and Otto Group. Combined, these top 5 players accounted for 13.5% of global online retail sales last year, with Amazon.com outstripping the rest with an…
Intense competition in Asia-Pacific’s clothing B2C E-Commerce With B2C E-Commerce sales of clothing growing rapidly across the emerging markets of Asia-Pacific, the competition remains intense. Pure-play online retailers and store-based fashion merchants, both local and international, contend for a share of this booming market. Vip.com is the leading online clothing…
Social media has become a powerful marketing channel for online retailers worldwide. The majority of global online shoppers read reviews, feedback and comments on social networks before making a purchase, according to a 2015 survey. Younger shoppers especially were more likely to visit social media sites for inspiration when searching…
With the development of online retail around the world, more consumers are turning to the Internet for the purchase of various products and services ranging from large travel packages to small daily necessities such as groceries. A global survey conducted in late 2015 revealed that across the major emerging and…
Africa has the smallest Internet penetration rate among the world’s regions. And yet, over the past five years, the number of Internet users in this continent nearly tripled. What is spurring the Internet adoption in this emerging region? The answer is – mobile. Mobile Internet subscriptions have surged in Africa…
The Middle East is in the spotlight of E-Commerce companies for its high growth potential. Even in the region’s largest E-Commerce market, the UAE, the online channel does not account for much more than a single percentage point of total retail sales. In Saudi Arabia the growth potential is even…
The answer is all of them. M-Commerce, cross-border online shopping and social media all play major roles in the growing E-Commerce market of Turkey. The country remains the second largest B2C E-Commerce market in Eastern Europe, and with one of the top five Internet audiences in the Old Continent Turkey…
At present, Latin America’s share of global B2C E-Commerce sales is among the smallest worldwide, but its countries exude immense potential for future development, with the region expected to boost an overall double-digit growth rate in the near future. Some of the main factors favorable to the increase in online…