E-Commerce

Chinese E-Commerce Market To Be Worth $3trn By 2024

The Chinese e-commerce market will be worth CNY19.6 trillion ($3.0 trillion) by 2024, growing at a CAGR of 12.4% over the coming years, new data from Globa...

Russia's Ozon Opens New Fulfillment Hub In Siberia

Russia’s Ozon has opened a new fulfilment centre in Novosibirsk, at the PNK Park Tolmachevo logistics complex. The fulfilment hub is the e-commerc...

Alibaba Freezes Pay Rises For Top Executives, Sources Say

Chinese e-commerce giant Alibaba Group Holding has frozen pay raises for senior executives this year, and is instead giving junior staff bigger salary incr...

Some 15% Of Shoppers Expect To Do 'Most' Or 'All' Shopping Online Going Forward

Some 15% of European shoppers plan to do 'most' or 'all' of their shopping online going forward, a new survey on e-commerce habits by UPS has found. The...

Global Grocery Sector Sees Record Growth In 2020: Report

The global grocery sector grew a record 10% in 2020, industry data showed on Wednesday, as people stuck at home under COVID-19 restrictions cooked, baked a...

E-Commerce To Account For Half The Growth In Global Retail By 2025

E-commerce is set to account for half the growth in global retail by 2025, expanding by an additional $1.4 trillion between now and the mid part of the dec...

Garden Party Plans Help Push Up UK Retail Sales

British retail sales rose in February, helped in part by consumers buying outdoor furniture ahead of a partial relaxing of coronavirus restrictions which w...

SPAR Hungary Achieves Sales Growth Of 8.7% In 2020

SPAR Hungary has reported a very positive year despite the extraordinary challenges caused by the pandemic, with annual sales reaching €2.10 billion,...