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Weekly Blog, April 1st 2020
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With quarantine measures adopted in a growing number of countries due to coronavirus outbreak, online shopping has seen a boost, especially for groceries and essentials. For example, online purchases with home delivery in France grew by +32% year-on-year in the first week of March, closely followed by click-and-collect orders with +29%...Read More
Weekly Blog, April 8th 2020
Online sales of groceries surged during the pandemic as consumers are required to or prefer to stay at home. More than one in four adults in the UK say they are buying more groceries online as of March 25, compared to only 8% saying the same about electronics and 10% about clothing. Latest consumer surveys from Asia indicate that.... Read more
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Weekly Blog, April 22nd 2020
NEW BLOG POST
Global digital commerce spending, including remote digital purchases of products and services, contactless mobile payments, digital banking, IoT payments, money transfer and gambling, is projected to decline by -14% in 2020 to USD 9.7 trillion as a result of the COVID-19 outbreak. The dampening consumer spending and the decrease in market segments.... Read more
Weekly Blog, April 15th 2020
A survey conducted in three European countries between March 24 and 30, 2020, revealed that 19% of online shoppers made more purchases over the Internet in the previous two weeks as the outbreak continued, and 25% planned to buy more online in April. The number of digital purchases made by the respondents increased by.... Read more
Latest
Weekly Blog, May 6th 2020
As brick-and-mortar stores remain closed and consumers turn to remote purchasing channels during the outbreak, E-Commerce is gaining a higher percentage of total retail sales. The latest figures from the UK reveal that E-Commerce sales went up by +12.5% year-on-year in March 2020, while total retail sales were down by -5.1%, the sharpest decrease.... Read more
Weekly Blog, April 8th 2020
Weekly Blog, April 1st 2020
With quarantine measures adopted in a growing number of countries due to coronavirus outbreak, online shopping has seen a boost, especially for groceries and essentials. For example, online purchases with home delivery in France grew by +32% year-on-year in the first week of March, closely followed by click-and-collect orders with +29%...Read More
Weekly Blog, April 29th 2020
During COVID-19 outbreak, E-Commerce sales are showing a more positive dynamic than store-based retail sales. In China, online sales of products and services were down by -0.8% year-on-year, compared to the -19% decline in overall retail sales. Including physical goods only, E-Commerce sales were up by +5.9% and accounted for 23.6% of total retail.... Read more
Weekly Blog, May 13th 2020
According to an April 2020 survey, consumers in various countries still differ when it comes to their online payment method preferences. The rankings of the top payment methods used by online shoppers within each of the 7 countries surveyed remain similar to what they had been before the pandemic, with credit cards remaining in the lead in Canada.... Read more
Weekly Blog, June 2nd 2020
Online shopping orders in Latin America have surged as consumers stay at home amid the coronavirus outbreak. The region’s largest E-Commerce marketplace, Mercado Libre, reported double and triple digit growth rates in number of orders in the period from the end of February and early May, compared to the same period in 2019.... Read more
UNWTO expects that international tourist arrivals worldwide could fall by between -58% and -78% in 2020 as a result of the coronavirus outbreak, depending on when international borders would open. Online travel agencies (OTAs) count on domestic tourism to help the industry emerge from the crisis. As the governments in Europe started to ease the lockdown.... Read more
Weekly Blog, May 20th 2020
According to the latest figures from the National Bureau of Statistics of China, the fall of total retail sales of consumer goods slowed in April 2020, with sales down by -7.5% year-on-year compared to -15.8% in March 2020. Online sales of physical goods continued to outperform other channels, with the accumulated growth of +8.6% in the first four months of 2020.... Read more
Weekly Blog, May 27th 2020