MGM Wireless, the maker of the Spacetalk all in one children’s smartphone, watch and GPS device, has announced unaudited revenue of $7.6 million for the first half of the 2020 financial year - up 86% from $4.1 million for the same period in FY 2019.
Technology company MGM Wireless has contracted 12 new bricks and mortar retailers to sell its Spacetalk children’s all-in-one smartphone, watch and GPS wearable device.
Consumers purchasing fashion products in the US are increasingly gravitating to online shopping and away from bricks and mortar stores, with ecommerce now making up more than 21% of US apparel sales, and expected to grow by 10% annually through to 2020.
Australian and New Zealand shoppers are expected to spend $10.7 billion on online purchases over the Christmas period, forsaking traditional bricks and mortar retailers in the festive season shopping spree. And many of the purchases will be made from mobile devices like tablets and smartphones, with consumers gaining more confidence in smartphone security and privacy.
Online discount retailer Kogan has launched its own gift cards and made them available at more than 2000 retail outlets nationally.
Online sales of products and services in Australia are increasing, with more than half of the country’s small and medium sized businesses now using e-commerce, according to newly published research from Sensis.
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