N-Genius Online to revolutionise how businesses manage and accept payments in the region The Middle East and Africa offers immense potential for e-commerce growth, with online sales in the region expected to reach 80 billion (Dh293.
Read MoreOnline marketplaces backed by Chinese behemoths are vying for Thai shoppers. Thai e-commerce is expected to grow to US13 billion by 2025 from 3 billion in 2018. (Photo by Varuth Hirunyatheb) Competition is ramping up in Thailand’s nascent e-commerce industry, with larger players fighting to attract lucrative brand deals and local partnerships.
Read MoreMore than one third ( 35) of transactions are lost when an e-Commerce site requires customers to create an account before purchasing. Retailers must balance their desire to gather customer data with this loss of sales revenue – as well as the annoyance factor that may keep shoppers from coming back.
Read MoreDepartment store sales hit a new record low in the data going back to 1992. E-commerce sales in the fourth quarter soared 12.1 from a year ago to a new record of 132.8 billion (seasonally adjusted), the Commerce Department reported on Wednesday morning.
Read MoreOnline retailers scored big during the first week of the 2018 holiday shopping seasondespite fraudsters launching large-scale automated attacks designed to overwhelm defenses during their busiest period.
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