The vast continent of Africa presents a significant opportunity for e-commerce retailers, but a lack of infrastructure has held back online shopping in the region. Now the use of mobile devices to shop online is unlocking some of the potential, and big players are starting to take notice. MTN, the…
The vast continent of Africa presents a significant opportunity for e-commerce retailers, but a lack of infrastructure has held back online shopping in the region. Now the use of mobile devices to shop online is unlocking some of the potential, and big players are starting to take notice. MTN, the…
According to a new report published by Hamburg based yStats.com, “Global Online Payment Methods: Second Half 2014”, online and mobile payments continue to boom worldwide, set to top three trillion Euros in a few years. Payment method preferences of online shoppers vary by region and country, while a global trend is the lead…
Online payment option is increasing steadily in the Asia-Pacific region because of ecommerce, according to a report by Hamburg-based business intelligence organization yStats.com. In the region’s largest market, China, online and mobile payments are dominated by local third-party payment providers, such as Alipay and Tencent. In November 2014, Alibaba announced…
Hamburg-based secondary research organization yStats.com has published a new report “Europe Online Payment Methods: Second Half 2014”. The world’s third largest region by B2C E-Commerce sales shows wide diversity in terms of payment methods used in online shopping. While non-cash payment methods, especially credit cards, dominate in the Western sub-region,…
The online payments market in the Asia-Pacific region has registered growth, in tandem with an ecommerce boost, a recent report reveals. According to a research conducted by ystats.com, in China, online and mobile payments are dominated by local third-party payment providers, such as Alipay and Tencent. The number of online…
A new publication from Hamburg-based secondary research organization yStats.com, “Asia-Pacific Online Payment Methods: Second Half 2014” reports that the online payment market is growing apace with global B2C E-Commerce. The Asia-Pacific region is expected to be the largest online retail market within a few years, so the growth of online…
Alibaba, an ecommerce company, has revealed its intention to start working with PayPal to expand payment options. The company is already talking with Apple about payments and may collaborate with eBay’s PayPal in the future. The China-based ecommerce operator is setting its sights on global expansion as it seeks to…
Indonesia, with its 250-million-strong population (far larger than many realise), also, unexpectedly, has a huge and growing jobs market. A recent report by McKinsey in September shows the country is on track to become the world’s seventh largest economy by 2030, ahead of the UK and Germany. Meanwhile, Indonesia’s Internet users are expected to hit 100…
Alibaba, an ecommerce company, has registered sales worth USD 2 billion in the first hour of Singles’ Day in 2014, the secondary market research agency yStats reveals. Moreover, the ecommerce company’s sales reached USD 9.3 billion during the whole Singles’ Day, and the total orders were 278 million, as compared…