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Archive for E-commerce

The Netherlands: ecommerce totalled EUR 20 bln in 2016

Ecommerce in the Netherlands has totalled EUR 20.16 billion in 2016, meaning an increase of 23% compared to 2015.

These are the findings from the Ecommerce Report The Netherlands 2017, published by EcommerceWiki, together with Dutch ecommerce association and research company GfK. The Netherlands has an internet penetration of almost 94% and a steadily increasing GDP per capita of EUR 40.900.

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Ecommerce expected to increase by 30 percent in 2017 – Spain

Almost one-third of ecommerce executives in Spain are expecting retail ecommerce sales to increase by more than 30% in 2017 compared with 2016, according to a survey.

However, many executives also believe growth will be more modest in the year to come, according to Kanlli and D/A Retail – Distribución Actualidad. Over 60% of the executives polled expect retail ecommerce to grow up to 30% in 2017. Just 7% said they expected a decrease in sales compared with 2016.

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Russia: ecommerce market tops USD 26 billion as international players seize opportunities

Russia’s ecommerce market continued to grow at double-digit rates in 2016, even as offline retail was severely affected by the economic crisis.

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Italy: ecommerce to see 20 percent growth in 2017

B2C ecommerce in Italy is expected to see growths of 20% in 2017, reaching EUR 23.4 billion, the largest increase since 2010, nearly doubling 2013’s total of EUR 12.6 billion.

This is the forecast made by Netcomm, an Italian E-Commerce Consortium. In spite of the drop in retail sales (-0.5%) shown by ISTAT in December 2016 and the stability they registered in 2016 (+0.1%), in 2017 the biggest boost in online purchases wasn’t just the GDP’s recovery (Bankitalia claims a +0.9% expected growth), but also Italian families’ greater inclinations for online shopping: buyers, frequency of purchases, and average receipts are all on the rise.

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Italy: ecommerce growth reaches 18 percent in 2016

Turnover from Italian ecommerce grew by 18% in 2016, and it is expected to rise with 20% in 2017.

These are the findings from Milan’s Polytechnic University, who stated that the total volume of business will have reached EUR 19.6 billion in 2016, including EUR 10.6 billion linked to the purchase of services and the remaining EUR 9 billion linked to the purchase of products.

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Spain: Ecommerce 20.3 percent growth in Q2 2016

Ecommerce in Spain has increased with a year-on-year growth of 20.3% in the Q2 of 2016.

The online turnover reached EUR 5.95 billion during that period. Industries with the highest online revenue were travel agencies and tour operators, air transport and clothing.

According to the latest ecommerce data of the Spanish National Authority for Markets and Competition (CNMC) over 92 million transactions were registered during the Q2 of 2016, which is an increase of 33.4% compared to the same period in 2015. Categories with the highest percentage of ecommerce transactions are direct marketing (10.6%), CDs, books, newspapers and stationery (6.4%) and activities linked to transport (6.1%).

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Holiday E-Commerce via Desktops and Laptops up 15%

While growth in m-commerce continues to make headlines, around two-thirds of e-commerce transactions still take place on desktops or laptops—and the overall value of those transactions continued to post solid growth this holiday season. Digital measurement and research firm comScore this week said U.S. consumers spent $7.6 billion online via desktops and laptops in the final full week before Christmas (Dec. 12-18)—15 percent higher than the same week last year. For the holiday season to date, the Reston, Va.-based company said online desktop spending grew 13 percent to $55.2 billion.

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US ecommerce sales reach 15.6% in Q3 2016

US ecommerce reached USD 93.67 billion in Q3 2016, a 15.6% increase compared with the same time in 2015, according to the US Commerce Department.

This is slightly behind the Q2’s 15.9% year-over-year growth, which was the largest increase posted in nearly two years, reports.

Factoring out the sale of products not usually conducted online, ecommerce accounted for 11.3% of retail sales during the period.

Total retail sales excluding foodservice (or sales in restaurants or bars) reached USD 1.22 trillion during the three months ended Sept. 30, a 2.3% increase. During Q2 2016 total retail sales grew 2.1% year over year.

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Romania sees 84 mln online transactions in 2016

The Romanian Communications Minister has announced that over 84 million transactions in Romanian currency lei have been carried out online in 2016 in Romania.

The value of these transactions amounted to EUR 358 billion, reports.

The number of online payments in euro has exceeded 5 million, and their value totaled EUR 62.4 billion, reports local Agerpres.

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Latin America saw small scale ecommerce in 2015

B2C ecommerce in Latin America, one of the smallest market in the world in terms of online sales, accounted for a tiny share of overall retail sales in 2015, according to a new report from

In the near future, B2C ecommerce sales in Latin America are predicted to maintain double-digit growth rates, bolstered by Internet access, financial services and online shopper penetration across the region. Amazon launched full operations in Mexico in 2015 and MercadoLibre is scoring high by number of website visitors in almost every major market of the region.

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Ecommerce grows over physical commerce in US

The gap between ecommerce and physical commerce has shrinked in 2016, as retailers seek to leverage better fulfillment options, local advertising tools, offline attribution and omnichannel tools.

This conclusion is provided by a new eMarketer report, US Holiday Ecommerce Preview 2016: Mobile to Fuel Explosive Ecommerce Growth.

Mobile is bridging the divide between physical and digital commerce, a trend that should accelerate in 2016 holiday season. Some 45% of shopping trips include some mobile shopping, according to a Facebook IQ study of US internet users conducted in September 2015.

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Global ecommerce to reach USD 1.9 trln in 2016

The global retail ecommerce sales are expected to reach USD 1.915 trillion in 2016, accounting for 8.7% of total retail spending worldwide.

Retail ecommerce sales include products and services (barring travel, restaurant and event ticket sales) ordered via the internet over any device. While the total global retail sales is going to reach USD 22.049 trillion in 2016, up 6.0% from 2015, the digital portion of sales continues to expand rapidly, with a 23.7% growth rate forecast for 2016, reports.

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B2C global ecommerce sees growth in 2015

The global B2C ecommerce sales of products and services continued to grow in 2015, according to a recent study.

Compared to 2014, they increased by 19.9%, resulting in an online turnover of USD 2.3 trillion. As a region, Asia-Pacific accounted for the largest share of this amount, with its B2C ecommerce sales surpassing the USD 1 trillion mark. China continued to possess the largest B2C ecommerce market, with its total online sales amounting to USD 766.5 billion.

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Sweden ecommerce sales increase by 18 percent in Q2 2016

The Sweden ecommerce saw its sales increase by 18% during Q2 2016, compared to the same period in 2015.

Expectations are the ecommerce industry in Sweden will be worth EUR 6.08 billion, reports.

PostNord published its latest E-barometer, in collaboration with the Swedish Digital Trade and HUI Research and found that during the Q2 2016 especially sales in the food sector and the building trade that performed well, as they increased by 38 and 37% respectively.

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Cards are most popular online payment method in Sweden

Payment cards are the most popular payment method among Swedish ecommerce customers, according to a recent research study.

More than half of Swedish consumers (54%) prefer to use their card when they are ready to pay online. Another popular payment method in Sweden is invoice, which is used by 28%, according to a survey issued by Novus and commissioned by MasterCard, reports.

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U.K. E-Commerce Posts Strongest Growth Since 2014

On the heels of strong U.S. e-commerce numbers reported last week, the U.K. also showed significant growth in a recent report. Online retail sales in the U.K. increased nearly 19 percent in July compared to the same month last year, according to the IMRG Capgemini Sales Index. It was the largest increase in year-over-year growth since November 2014.

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U.S. Retail E-Commerce Sales Surge 16%

U.S. retail e-commerce enjoyed its largest year-over-year growth rate in nearly two years, according to estimates from the U.S. Department of Commerce released Tuesday. Second-quarter e-commerce sales this year soared nearly 16 percent from Q2 2015 to $93.9 billion. Compared to Q1 of this year, e-commerce rose 4.5 percent. On an adjusted basis, e-commerce accounted for 8.1 percent of total retail sales in the U.S. from April through June.

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Ecommerce market hits USD 22 trln

Global ecommerce market is worth around USD 22.1 trillion, according to latest UNCTAD estimates.

China is the world’s largest business-to-consumer (B2C) ecommerce market, both in terms of sales and in number of online shoppers, followed by the US and Japan.

India, the 10th largest market in terms of buyers, was ahead of Brazil and Russia in per capita ecommerce spend, the report said.

Denmark ecommerce hits EUR 13.84 bln in 2015

Danish ecommerce has reached EUR 13.44 billion, online retail industry in Denmark accounting for 10% of the total retail turnover.

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Ecommerce Europe published France report 2016

The French B2C e-commerce experienced noticeable growth last year. The growth rate was declining over the last few years, from 19.4% in 2012 to 11.2% in 2014. However, in 2015, B2C e-commerce grew by 14.3%. This growth rate resulted in a B2C e-commerce turnover of €64.9bn in France last year. For 2016, the growth is expected to decline again, as a growth rate of 10.0% is forecasted.

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75% of U.K. Consumers will do the Majority of their Shopping Online by 2026

While global online revenue still hovers around 10 percent of total overall retail sales, a new report suggests consumer demands will change that in a hurry. The survey focused on U.K. consumers and found the 95 percent who have Internet access have shopped online at least once within the past six months. And, 75 percent believe they will accomplish the majority of their shopping online within the next 10 years.

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E-Commerce Sales in Europe Jump 13% in 2015

European consumers spent more than €455 billion ($508 billion) online in 2015, a 13 percent increase from the year before, according to a report from Ecommerce Europe. The Brussels-based trade association predicted continued growth and said e-commerce sales in the region will surpass €500 billion ($560 billion) this year with plenty of room for additional growth.

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US ecommerce reaches USD 373 bln in 2016

US online retail is expected to hit USD 373 billion in 2016, a recent report reveals.

That figure will grow to more than USD 500 billion by 2020, according to Forrester Research, by Sucharita Mulpuru, reports.

US online retail sales topped USD 100 billion only in 2006 but, by 2020, Forrester expects online retail sales will exceed USD 500 billion. Amazon is estimated to gain USD 23 billion more in US ecommerce sales in 2015 than in 2014 (including its third-party marketplace). That accounts for 60% of the total growth in US online sales in 2015.

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Italian ecommerce expected to reach EUR 19.3 bln in 2016

Italian ecommerce is set to generate EUR 19.3 billion in 2016, rising by 17%, compared to 2015.

Much growth is expected from tourism, IT & electronics and clothing, according to Netcomm, Italian Consortium of Electronic Commerce, reports. Online purchases from smartphones increased by 51%, compared to 2015, and account for 15% of all online transactions in Italy. With purchases from tablets, mobile transactions account for almost 24% of all online transactions in Italy.

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US ecommerce reaches USD 86 bln in Q1 2016

Online sales grew 15.1% in Q1 2016 (USD 86.3 billion) and accounted for 11.1% of retail sales when factoring out items not normally bought online.

In 2015, ecommerce accounted for more than 10% of retail sales, without the sales of automobiles, fuel and foodservice. Web sales totaled USD 86.3 billion for Q1 2016, a 15.1% increase over USD 75.0 billion in Q1 2015, according to US Department of Commerce, reports.

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Russia: online customers hit 66%

Russian online purchasers have increased to 66%, according to a new study.

TNS, a global research company, released a new report on the popularity of online payments in Russia and found that the most popular online payment method is online banking, with 80% of users. 79% use credit cards regularly online, 62% pay with e-wallets, and 47% will utilise SMS-payments.

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Southeast Asian ecommerce grows to 70 bln by 2020

The USD 6 billion Southeast Asian online retail market is expected to grow to USD 70 billion by 2020, a new report reveals.

With Alibaba`s USD 1 billion investment in Lazada in April 2016, and eBay setting up office in Indonesia, as well as Japan`s SoftBank, Sequoia Capital and SB Pan-Asia Fund investing USD 100 million in Tokopedia, Indonesia`s largest online marketplace, Southeast Asia appears to have become an ecommerce investment destination of choice, reports.

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Global ecommerce growth forecasted to reach USD 8 trillion by 2020

The digital commerce market is set to increase from USD 4.9 trillion in 2015 to over USD 8 trillion by 2020, a new research found.

The digital commerce market will see contributions from digital banking, remote digital goods and remote physical goods, reports.

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Banking apps accessed via smartwatches to exceed 100 mln by 2020

The global number of banking apps accessed via smartwatches will reach the 10 million mark in 2017, rising to more than 100 million by 2020, according to a recent research study.

The use of smartwatches to access ‘push’ banking information services has been steadily gaining traction since November, 2014. A number of global banks have launched apps for the wrist, while the launch of Apple Watch in April 2015 further accelerated the demand for wearable banking apps, according to the ‘Worldwide Digital Banking: Mobile, Online & Wearable 2015-2020′ research study issued by Juniper Research.

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Middle East ecommerce economy to be worth USD 5 bln by 2019

The PCI Security Standards Council, the global authority on payment security, has reinforced the importance of an in-depth defence strategy to ensure the region’s ecommerce industry’s resilience to cyber activity, to be worth USD 5 billion by 2019, according to recent estimates.

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