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Alibaba Sets New Singles Day Record With & 31B In Sales


via TechCrunch: Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – a measure for the dollar value of total transactions – at a staggering $30.8 billion, …

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Will Pinduoduo Disrupt China’s E-Commerce Market?


via Yahoo: Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) control nearly 75% of China’s e-commerce market according to global marketing research company eMarketer. That near-duopoly makes it tough for smaller challengers to gain ground, but a new player called Pinduoduo (NASDAQ: PDD) might have a shot at cracking the market. Pinduoduo …

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#MobileCommerce: The Rise of Mobile Shopping and its Impact on Business


via BIZCOMMUNITY: At Spree, we have a huge appetite for innovation and making our customers’ shopping journey easy, fun and inspiring. With smartphone usage in SA as high as an estimated 29.2 million (51% of the population), more and more shoppers are making purchases on their mobile phones – and this …

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#MobileCommerce: The Growth of Mobile Shopping in South Africa


via BIZCommunity: E-commerce is going from strength to strength in South Africa, more and more consumers are gaining confidence in making online purchases that are not solely limited to the likes of books, CDs, electronics, airline tickets and the like. Apparel is beginning to experience a real upswing in the share …

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Digital Transformation Opportunities In E-Commerce


via Forbes: Digital transformation has both positive and negative connotations for traditional retailers, manufacturers and wholesalers. While brick-and-mortar locations have seen a decline in foot traffic, many large retailers such as Best Buy, Nordstrom and Walmart are achieving success by selling online. To satisfy the scaling demand for technology in online …

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