In Q1, Amazon’s global online store net sales climbed 41% year-over-year (YoY) on an F/X-neutral basis to reach $52.901 billion, per its earnings release, an acceleration from the same period last year—when sales rose 25%—thanks to the pandemic-driven surge in ecommerce.

This comes as providers like Klarna rapidly expand their global footprints and issuers like JPMorgan Chase and Citizens Bank offer new flexible payment solutions to capture consumers who are increasingly opting for BNPL products over credit cards.

US ecommerce sales are projected to continue double-digit growth, up 17.9% in 2021 to $933.30 billion. We project ecommerce sales will surpass $1 trillion in 2022 and make up over 20% of total retail sales by 2024. 2. Mcommerce will double its share of retail sales by 2025. Although the pandemic accelerated the shift to mcommerce, its rapid growth will not end with the return to normal.

Consumers value payment convenience and have embraced frictionless commerce solutions, like click-and-collect and cashierless checkout: 19% of global consumers said they wanted more seamless and frictionless experiences when checking out, per a recent Paysafe study. Fast’s solution is more convenient because it removes the number of checkout steps.

International Monetary Fund (IMF). Jing Daily. Medium. National Bureau of Statistics China. South China Morning Post.

How much will Prime Day 2020 generate in ecommerce sales? We forecast that it will generate $9.91 billion in worldwide sales for Amazon, up 43% from last year’s event. What are the top drivers of Prime membership? Fast and free shipping remains the top reason for subscribing to Prime, but Prime Video has become an important benefit that attracts new members and keeps them around.

In fact, Spain was the third-fastest-growing retail ecommerce market worldwide among the 32 countries we track. Across the EU-4 and the UK specifically, the outlook also varied. In Spain, that 36.0% growth rate boosted ecommerce sales to €32.50 billion ($36.40 billion) in 2020.

We believe this will unleash pent-up commercial activity and reopen borders to international tourism, a vital sector to many regional economies. Even with the arrival of the omicron variant, travel is unlikely to revert to last year’s depressed state.

International Monetary Fund (IMF). Logan. Núcleo de Informação e Coordenação do Ponto BR (NIC.br). Opinion Box. Xandr.

In 2020, the total number of social commerce buyers in Australia increased by 17.9%, lofting the country into the ranks of the global leaders for social media’s popularity as an ecommerce channel. After another healthy increase this year, we estimate that Australia will rank third in the world in terms of how many of its internet users are embracing social commerce.

And as Alibaba faces mounting regulatory pressure in China, it’ll be increasingly important to sustain growth in global markets. Related content: Check out this article for a closer look at Alibaba’s recent growth, opportunities, and challenges ahead.

Canada’s federal government has repeatedly stated it will collect taxes from international services like Facebook, YouTube, and Netflix to help support Canadian content production. It’s a policy that would also satisfy domestic broadcasters, which protest that they’re subject to quotas and fees that international players are not.

“The consumer is getting trained that they need to be on their promotional game earlier in November,” said Michael Klein, Adobe’s global director of industry strategy and marketing for retail, travel and consumer goods.

Revenue growth for Instagram Stories, which accounted for 10.1% of Meta’s worldwide revenues in 2021, will come down to earth. After nearly tripling in size between 2019 and 2021, worldwide Stories revenues will grow 26.8% in 2022, to $14.72 billion.

The open rate in Canada, at 21.22%, was about the global average, however. Even so, these metrics vary widely depending on the context of the message. Among the Q2 2021 email campaigns sent worldwide on Omnisend, a marketing automation platform, campaign messages (those aimed at driving action) had open and clickthrough rates well below all other message types.

Across 40 digital retailers surveyed, ecommerce sales excluding grocery were up between 11% and 21% in April. Retailers of tech and entertainment products reported sales gains of 26% to 27%, compared with the beginning of March. If grocery sales were included, April ecommerce sales would have posted even greater increases.

This growth partly stems from the fact that two of the region’s economic powerhouses—Buenos Aires, Argentina, and São Paulo, Brazil—have been under some of the longest government-mandated lockdowns worldwide since March 20 and March 22, respectively.

International Monetary Fund. Ipsos. McKinsey & Company. Standard Chartered. Statistics Canada.

We don’t yet have a UK forecast for Amazon ad revenues, but our global figures indicated a huge 52.5% increase for the company in 2020, with steady gains set to continue. But while Amazon-inspired search managed to claw back some ground in a difficult 2020, display ad spending (powered by video’s strong showing) forged ahead in the digital shakeout.

We don’t yet have a UK forecast for Amazon ad revenues, but our global figures indicated a huge 52.5% increase for the company in 2020, with steady gains set to continue. But while Amazon-inspired search managed to claw back some ground in a difficult 2020, display ad spending (powered by video’s strong showing) forged ahead in the digital shakeout.

International Monetary Fund (IMF). Klarna.

Since then, other retailers have pivoted to or doubled down on their own retail media offerings—especially after the coronavirus pandemic supercharged ecommerce sales compared to brick-and-mortar.

For most industries, open rates worldwide took a dip in April, as many consumers became more accustomed to the new normal and were less interested in companies’ pandemic-related updates. Email Performance.