Yahoo Japan’s E-Commerce Revolution: No Fees Model
Yahoo Japan announced today at their Store Conference 2013 that they would remove fees from Yahoo Shopping and Yahoo Auctions services. According to the announcement, they are hoping to increase the number of merchants and the available products sold and offered through its services by removing the obstacles = fees. With this huge change in […]
French banks launch online payment platform to compete with PayPal
In order to compete with electronic payments provider PayPal (3 million users in France) and to take part of the new European launch of payment platforms by the end of 2013 — which is going to be sponsored by powerful brands such as Visa, Google and MasterCard — a new payment solution was unveiled on […]
The Rising Global Ambitions Of China’s Tech Giants
With a population that exceeds 1.3 billion, you’d think Chinese businesses have their hands more than full catering to this market alone. While this happens to be the case for most companies, China’s leading tech forces are increasingly eyeing expansion opportunities beyond the country’s domestic borders to keep up past years’ exponential growth rates. Certainly, if you […]
Yandex.Garderobe: New Business Opportunity For Online Fashion Retailers
Online fashion is big business. The sector has become one of the largest in ecommerce today, as both retailers and consumers have embraced the digital channel for selling/purchasing fashion items of all kinds. This is no different in Russia, where Yandex reports that about 2.4 million searches are carried out each day about clothes, shoes […]
Awareness And Use Of Modern Payment Methods In Russia
Many leading global companies have had to face that Russia is everything but easy to invade. As a current testament to this, ubiquitous forces like Facebook and Google haven’t managed to wipe out the local competition as has been the case in most other countries worldwide. Vkontakte still has a healthy lead over Facebook in […]
Retailers should head to Asia for e-commerce growth
E-commerce brands need to be focusing on Asia for growth, according to eMarketer figures which predict that the region will generate more online sales than any other by 2013. North America has consistently been the leader in B2C e-commerce sales, followed by Western Europe however both these regions will be surpassed by Asia-Pacific, where increased […]
Has Chinese e-commerce managed to counter the macroeconomic headwind?
Despite deep global recession, the Chinese economy has largely marched on unimpeded. Recently, however, China has had to face the reality of a cooling domestic economy, and serious concerns have been raised over the downward trajectory that leaves full-year growth on course for its softest showing since 1999, CNBC notes. But although down from the double-digit growth […]
Google tax: Internet advertising to be taxed in France
In times of Economic Crisis there is a focus on both the cost side and the income side of a Nation’s Budget. On the cost side most European countries are applying austerity policies to reduce the spending and the Budget Deficits. On the income side, with the absence of significant growth, legislators are constantly looking […]
International Business Expansion Opportunities Have Never Been Greater
It’s a global world indeed. And it’s getting more global by the minute. But while the realisation that growth is largely being driven by emerging markets is starting to pick up amongst business execs, going global can seem daunting. Indeed, taking business beyond your domestic borders poses its own set of challenges and concerns which […]
Global Ecommerce Statistics: How Avid Are Chinese Online Shoppers?
With more than 513 million internet users, according to the 29th Statistical Report on Internet Development in China by the CNNIC, China is by far the world’s largest online market. Although already being the undisputed global champion in terms of number of netizens, China’s online population just keeps growing due to the country’s massive scale. […]