E-commerce: Amazon saw profits double during lockdown to make ‘best quarter ever’
E-commerce giant Amazon has announced that it has seen its most successful quarter of all time after its sales jumped 40% to $88.9 billion and its net income totaled at $5.2 billion. This is more than double the profits that were reported for the same period a year...
E-commerce: Shopify reports 97% sales rise during second quarter
Popular E-commerce platform Shopify has reported a very successful second quarter and has published that it has seen an exceptional increase in sales at 97% – it also reported revenues of $714.3 million for the quarter, way beyond analyst expectations of $500...
E-commerce: eBay reports “best quarter yet” in terms of sellers, buyers and revenue
Online retail giant eBay has published the results for its second quarter and has reported that 182 million shoppers visited the platform in the lockdown months between March and June. It has also stated that there was a 256% rise in businesses across the UK signing...
E-commerce: Cross-border E-commerce across the globe has grown by 21%
According to E-commerce solutions company Global-e, cross-border online sales increased by 21% over the six months between January 1 and June 14. This is in comparison with the same period a year ago, and this data was found through analysing the online retail sales...Recent Posts
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