The surge in online shopping caused by the COVID-19 pandemic is expected to add £5.3bn to UK ecommerce sales this year to make a total of £78.9bn. This is according to analysts at Edge Retail Insight, the global trend forecasting arm of retail insights firm Edge by Ascential, who have updated all pre-existing forecasts to account for the significant long-term impact of COVID-19 on consumer shopping behaviours and preferences. Read more
Lavazza has chosen World Environment Day (June 5th) for the launch on streaming platform Amazon Prime Video, initially in Italy, the US and the UK, of the docufilm “Coffee Defenders, a Path from Coca to Coffee”, directed by Oscar Ruiz Navia, one of the best-known voices in contemporary Colombian cinema. Read more
SHANGHAI, CHINA (NOVEMBER 11 AND 12, 2017) (REUTERS) – Alibaba, the Chinese e-commerce giant, said that its Singles’ Day sales extravaganza on Saturday’s (November 11) hit $25.4 billion, smashing its own record from last year and cementing it as the world’s biggest shopping event. Continue reading
Japanese cybersecurity firm Trend Micro has published a white paper detailing how hackers can remotely control ATMS. Continue reading
Nearly half of the United States has been impacted by a massive cyber security incident at one of the three largest credit agencies in the country. Continue reading
Amazon is looking for a location to build its second headquarters in North America that would cost more than $5 billion and house up to 50,000 staff. Fred Katayama reports. Continue reading
NEW YORK CITY, NEW YORK, UNITED STATES (SEPTEMBER 28, 2011) (REUTERS) – Amazon.com Inc Chief Executive Jeff Bezos has unseated fellow tech billionaire Bill Gates as the richest person in the world, profiting from the e-commerce company’s meteoric stock rise to reach a fortune of $90.6 billion, Forbes reported on Thursday (July 27). Continue reading
China Central Television (CCTV) – China’s e-commerce giant Alibaba Group has been developing cross-border e-commerce platforms in countries along the Silk Road Economic Belt and the 21st-Century Maritime Silk Road, promoting the idea of building a “cyber Silk Road”.
The deal will accelerate the company’s entry into the Middle East e-commerce market. Amazon separately launched a drive-in grocery service, as Fred Katayama reports. Continue reading
Alibaba’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Graham Mackay reports.