The payments ecosystem has witnessed radical developments over the past decade. There are more than a dozen payment technologies driving numerous payment methods. The list of examples would seem never ending. Just to cite a few, there is Bionym which has come with a smart band for payments that uses…
Consumer demand for cash on delivery (COD) payment methods is holding back e-commerce in the Arabian Gulf region even as revenues grow, retailers said. “COD is an obstacle to growth and taking more risk,” said Hosam Arab, the managing director and co-founder of the fashion retailer Namshi, which has had…
Mit dem beginnenden Weihnachtsgeschäft wartet auf Online-Shops nicht nur die umsatzstärkste Zeit des Jahres. Während dieser Monate müssen Händler auch vor kriminellen Banden auf der Hut sein. Erst im August sorgte ein Angriff russischer Hacker für Aufsehen: 1,2 Milliarden Profildaten haben die Kriminellen gestohlen. Die Gefahr, Opfer eines solchen Verbrechens…
Ecommerce in Russia has been growing rapidly responding to a variety of influences including the spread of Internet use in the large population. A new report by Hamburg-based business intelligence organization yStats.com details the growth, the trends and other information about the online retail market in the country. In year…
Global investors are looking with increasing interest to the ecommerce industry in Eastern Europe. The growth and trends in this region attracts the attention of international ecommerce players and investors. For example in Turkey, there’s a raised interest of investors, mostly in the clothing sectors. This can be deduced from…
A new report by Hamburg-based business intelligence organization yStats.com details the growth and the trends that are affecting B2C E-Commerce in Eastern Europe. Yucel Yelken, CEO of yStats.com, points to the region as “one of the most dynamic in growth of online retail sales.” The report indicates that potential for…
Driven by a booming population, improving internet access and rising disposable incomes, Asia Pacific is the world’s fastest-growing e-commerce region (yStats). Meanwhile, young, tech-savvy populations underpin rapid growth in Latin America and the Middle East, and e-commerce continues to account for a growing share of retail spending in Europe and…
The growth and trends of B2C e-commerce in Eastern Europe has caught the eye of global investors, a new report by Hamburg-based business intelligence organization yStats.com said. Yucel Yelken, the CEO of yStats.com, refers to the Eastern Europe region as “one of the most dynamic in growth of online retail…