We estimate that by the end of this year, the six major economies we track in Southeast Asia will generate $45.07 billion in ecommerce sales. Logistics. AirAsia already has the tools for cross-border ecommerce logistics: It has experience in air cargo and owns more than 250 planes, which fly to about 150 destinations worldwide.

A reason for pessimism: There’s plenty of uncertainty due to COVID-19, international tensions, and supply chain disruptions. Consumers continue to experience the impact of ongoing supply chain challenges; the odds of seeing an out-of-stock message is one in 59 pages, up from one in 200 pages before the pandemic, per Adobe.

Our Definitions for Total Retail and Ecommerce Sales, by Company.

KEY STAT: Retail ecommerce grew 75.0% in 2020, one of the biggest leaps forward in our worldwide forecast. What’s Inside:. This report contains our latest forecasts for retail ecommerce in Canada through 2024, including the following areas:. Total retail sales. Ecommerce sales. Mcommerce sales. Digital buyers. Mobile buyers. Social buyers. Click-and-collect buyers. Cross-border buyers.

Last year, 2.8 billion payments were made using a credit card in the UK (approximately 8% of overall payments volume), per UK Finance—potentially making the country a sizable chunk of Visa’s global business.

Kevin Chan, Facebook’s global director and head of public policy for Canada, testified before a public hearing on digital legislative reform in January.

The pandemic was a shot of adrenaline for global ecommerce. eMarketer projects that COVID-19 accelerated India’s ecommerce adoption by several years: Sales on the subcontinent will soar 25% this year to top $80 billion and will more than double from 2021 to 2025, hitting the $100 billion mark for the first time in 2023.

Ecommerce helped retail out of a sticky spot during the pandemic, and those habits formed during lockdowns will endure, as digital demands more attention than ever—37.5% of all retail sales this year will be ecommerce sales.

We expect US ecommerce sales to exceed $1 trillion for the first time this year as consumers maintain the online and multichannel shopping habits they forged during the pandemic, when merchants rushed to adapt.

Total holiday retail and ecommerce sales are projected to hit $1.092 trillion this year, up from $1.064 trillion in 2020, per eMarketer forecasts from Insider Intelligence. And 35% and 30% of consumers plan to stretch their holiday spending budget using credit cards and buy now, pay later (BNPL) offerings, respectively, per Deloitte.

FinTech Insights is a research platform that collects data on the feature sets of over 100 financial services providers worldwide. Read about our methodology in detail. Leading US Financial Institutions in 2021. Chase came out on top due to its broad array of in-demand mobile features across key categories.

The arrival of the coronavirus halted not only global travel, but also global trade. These impacts were most felt in the region’s three largest economies: Argentina, Brazil, and Mexico. Figures reported by the International Monetary Fund (IMF), a financial institution that gathers import trade data from country sources, highlighted these effects in 2020.

As Amazon’s largest category, it will account for 24.4% of Amazon’s ecommerce sales for the entirety of 2022, while growing by 12.2%. Amazon will push an array of its own products—like the Fire TV Omni Series, the latest Echo, and smart home products like Ring and Blink. And other brands stand to benefit too, as Amazon takes on the heavy lifting of creating demand for these higher-ticket purchases.

KEY STAT: US ecommerce sales are projected to continue to grow by double digits, up 17.9% in 2021 to $933.30 billion. Ecommerce penetration will continue to increase, more than doubling from 2019 to 23.6% in 2025. What’s Inside:. This report is part of the global ecommerce series and contains our latest forecasts for ecommerce in the US through 2025 where possible.

Companies with a domestic focus can also more easily justify adopting the model than global companies can. A global platform that serves submerchants across countries will face varying regulations and cross-border complexities.

Nonstore spending, which is largely made up of ecommerce sales, rose 14.5%. Furniture sales increased 7.2%. Vehicles and auto parts rose 5.7%. Spending at restaurants and bars fell about 1%, which is likely the result of the omicron variant keeping more people at home. Inflation’s impact: Inflation played a role in the spending totals as prices rose 0.6% in January.

Similarly, JCDecaux, a global OOH company, announced a programmatic offering in France. Starting in July 2021, its digital inventory in cities and airports became available for programmatic buying via a premium marketplace on the VIOOH platform.

Other ecommerce sales channels, like Amazon, don’t offer as many customization tools—most sellers have a hard time standing out because their storefronts all have the same look and features. Reducing developers’ revenue share rate might incentivize innovation.

We estimate that by the end of this year, the six major economies we track in Southeast Asia will generate $45.07 billion in ecommerce sales. Logistics. AirAsia already has the tools for cross-border ecommerce logistics: It has experience in air cargo and owns more than 250 planes, which fly to about 150 destinations around the world.

US ecommerce sales will exceed $1 trillion in 2022 and account for 15.2% of total retail. Reducing return rates: The return rate for ecommerce sales hovers around 20%, according to the National Retail Federation (NRF). The value of returns exceeded $200 billion in 2020, and is likely to be higher for 2021. Better product visualization can save billions of dollars in return costs and damaged inventory.

US ecommerce sales are projected to grow 16.1% to $919.06 billion in 2021, per eMarketer forecasts. But fraudsters are following customers online: Ecommerce fraud is also set to rise by 18% this year, surpassing $20 billion, per Juniper Research. Viewing a list of recent alerts lets customers find and review notifications.

We estimate that US Marriott co-brand volume hit $64.68 billion last year, reflecting remarks in Marriott’s Q4 2020 earnings call that its global card spend shrunk just 16% year over year in 2020 (compared with near-triple-digit declines for T&E overall). By Q1 2021, global Marriott co-brand volume was just 5% lower than Q1 2019, foreshadowing a rapid return. Looking Ahead.

In addition to getting hit by mandated store closures, many retailers’ supply chains were disrupted by the global spread of the virus. Even when stores were open, the experience was often nerve-wracking for retailers and shoppers alike, complicated by unfamiliar hygiene measures and other processes.

Recent gains in direct-to-consumer (D2C) ecommerce sales are being driven more by incumbent brands than disruptors. What can they learn from each other about building brands in the digital age?

And BJ’s Wholesale Club noted at Goldman Sachs’ 2019 Global Retailing Conference that cardholders show up, shop, spend, and renew at higher levels. This is likely because retail co-brands enable shoppers to earn rewards tied to retailers they love on all their spending.