https://www.scmp.com/rss/510827/feed Online shopping is booming. In the aftermath of Covid-19 and along with technological advancements, consumer behaviours have changed and the digital economy is thriving. Buyers are willing to try something fresh and to seek out new merchants, driving the volume of transactions to an astonishing US$4.9 trillion. Global shifts have changed cross-border e-commerce and are reshaping its future, from the opportunities that e-commerce offers to the changing expectations of customers, along with the... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com [Sponsored article] The growth of the e-commerce sector has been nothing short of remarkable. Worldwide online retail sales are anticipated to hit more than US$5.5 trillion in 2022, with the figure expected to exceed US$7.4 trillion by 2025¹. There has been a particular uptick in customers engaging in cross-border e-commerce. Between 2016 and the end of this year, the share of the global e-commerce market held by cross-border transactions is forecasted to rise from 15 per cent to 22 per cent².... https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3188145/changes-consumer-behaviour-mean?utm_source=rss_feed https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3188145/changes-consumer-behaviour-mean?utm_source=rss_feed Wed, 24 Aug 2022 04:06:34 +0000 [Sponsored article] The past few years have witnessed a sharp rise in online retail. Buoyed by various factors – including Covid-19 lockdowns, continued technological advancements and a flourishing digital economy – global e-commerce sales soared to US$4.9 trillion in 2021, up from roughly US$3.3 trillion in 2019, and the trend shows no sign of slowing down, with this figure projected to top US$7.3 trillion by 2025¹. The boom has been particularly noticeable in Asia-Pacific, with online sales in... https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3179364/why-online-shoppers-drop?utm_source=rss_feed https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3179364/why-online-shoppers-drop?utm_source=rss_feed Wed, 01 Jun 2022 04:00:15 +0000 Advertising partner Advertising partner [Sponsored article] The global pandemic has led to a boom in e-commerce as consumers embrace digital shopping channels. In Hong Kong, 50 per cent of consumers are more confident about shopping online than they were before Covid-19 struck, according to research by KPMG¹. The surge in e-commerce has not only caught the attention of retailers, but also that of fraudsters, making the need to protect online business more important than ever. A new breed of fraudster While it may be tempting to assume... https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3171856/how-protect-your-online-retail?utm_source=rss_feed https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3171856/how-protect-your-online-retail?utm_source=rss_feed Fri, 08 Apr 2022 03:00:16 +0000 [Sponsored article] Online shopping in Hong Kong is booming as the Covid-19 pandemic adds momentum to changes in consumer preferences. After a slow start compared with many other markets, e-commerce has been on a strong upward trajectory in the city, with 52 per cent of all shopping carried out online since the start of the pandemic, compared to 40 per cent pre-Covid-19, according to a study by Visa¹. But as companies of all sizes respond to this trend by launching their own online platforms,... https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3169525/how-optimising-online-customer?utm_source=rss_feed https://www.scmp.com/presented/business/topics/global-trends-e-commerce/article/3169525/how-optimising-online-customer?utm_source=rss_feed Wed, 09 Mar 2022 03:00:50 +0000 [Sponsored Article] Festivals and celebrations take place in all cultures and all over the globe for many reasons. Religion, changing seasons, agriculture, arts, food – all these and more have inspired cross-border retailing.  Festive shopping is an important driver for sales, with consumers shopping for gifts and treats for themselves. In addition, the festive ambience, as well as deals and discounts usually available around holidays, also make impulse buying more likely. Christmas is probably... https://www.scmp.com/presented/business/topics/great-global-pivot-e-commerce-heats/article/3154155/tips-catch-festive?utm_source=rss_feed https://www.scmp.com/presented/business/topics/great-global-pivot-e-commerce-heats/article/3154155/tips-catch-festive?utm_source=rss_feed Fri, 29 Oct 2021 08:10:15 +0000 [Sponsored Article] The fourth quarter is typically the busiest time of the year for retailers. From October to the end of December, there are popular holidays worldwide, such as Halloween, Thanksgiving, and Christmas, as well as more recent festive events like Singles’ Day, Black Friday, and Cyber Monday. The holiday season is prime time for merchants to boost sales. Covid-19 lockdowns have laid the foundation for new consumer behaviour and helped drive online sales to new heights. Online... https://www.scmp.com/presented/business/topics/great-global-pivot-e-commerce-heats/article/3151927/five-ways-prepare?utm_source=rss_feed https://www.scmp.com/presented/business/topics/great-global-pivot-e-commerce-heats/article/3151927/five-ways-prepare?utm_source=rss_feed Tue, 12 Oct 2021 03:56:14 +0000 [Sponsored Article] Online retail sales grew 27.8 per cent last year to an astonishing US$4.28 trillion, according to a report published by Insider Intelligence/ eMarketer, a research firm that provides insights into digital advertising, marketing and e-commerce1.  The report suggests that trend will continue, with double-digit growth forecast this year2. Consumer behaviour has changed for good, with a range of impacts. “As consumers around the world grow accustomed to online shopping, there are... https://www.scmp.com/presented/business/topics/great-global-pivot-e-commerce-heats/article/3149820/five-key-online?utm_source=rss_feed https://www.scmp.com/presented/business/topics/great-global-pivot-e-commerce-heats/article/3149820/five-key-online?utm_source=rss_feed Fri, 24 Sep 2021 04:33:10 +0000