Displaying items by tag: online retail

Cybersecurity risks in the retail industry suggests that the 2021 holiday shopping season will be further disrupted by cybercriminals looking to create chaos and take advantage of an unprecedented global supply chain crisis, according to one security firm.

Alibaba Cloud is the digital technology and intelligence backbone of the Alibaba Group, and has revealed the cutting-edge tech rolled out in support of the 2020 11.11 Global Shopping Festival, which included a massive amount of greener cloud-native computing power run on hyper-scale data centres, livestreaming, live translations, 3D virtual tools, virtual sales assistants and plenty more!

Expenditure by end users on IT infrastructure — server and enterprise storage systems — will decline in 2020 due to the coronavirus pandemic, the global market intelligence firm IDC says.

The total global transaction value of online payments for digital and physical goods will exceed US$6 trillion by 2024 – a growth of 53% from 2019, according to a new research report.

Billing, contract terms, marketing and switching practices in the New Zealand telecommunications industry head the list of priority areas for the country’s competition regulator The Commerce Commission’s focus over the next 12 months.

eBay has launched a new shopper service — eBay Plus — which it says will give members free delivery and returns on 15 million products.

Deploying the right digital technologies is essential for differentiation and survival for the retail sector – both online and bricks and mortar stores - , according to a new report.

Retailers and warehouses are under constant pressure to improve performance and increase ROI. As retailers sharpen their focus on cost reduction, they need to find new ways to maximise efficiency throughout their entire supply chain operations.

Online discount retailer Kogan has upgraded its full-year profit guidance and is now expecting EBITDA — earnings before interest, tax, depreciation and amortisation — to be more than $11.5 million for the full year 2017, an increase from previous guidance of between $10.5 and $11.5 million.

Solid trading and consumer spending over the Christmas shopping period helped boost Kogan.com’s financial performance, with the online discount retailer reporting a strong second quarter exceeding expectations for November and December.

Australian online retailer Klika has been stoked by the poking of Pokémon GO players, not only click-and-collecting their orders but catching all the Pokémon lurking around their Melbourne HQ.

It its eighth year, Australia’s 2016 Online Retailer event will be hosted at the Royal Hall of Industries and Hordern Pavillion and promises "The Future of Retail".

New research suggests the value of online fraudulent transactions is expected to reach US $25.6 billion by 2020, up from $10.7 billion in 2015.

Online discount retailer Kogan has paid out $32,400 in penalties after the competition consumer watchdog, the ACCC, found it had made false or misleading representations in a Fathers’ Day promotion about the price of three computer monitors.

Online sales can be adversely affected if a company’s digital infrastructure goes down, highlighting the need for top notch backup and recovery plans and solutions.

Sydneysiders have leapt ahead of their counterparts in Melbourne as Australia’s biggest online spenders, now spending more than double the amount per transaction than Melburnians.

The Grays eCommerce group is to acquire B2B platform DMS Davlan, an established auction business in the key agricultural vertical and one of Australia’s premier asset management companies.

Telstra is boosting its position in the online retail market by buying local online e-commerce platform Neto.

eCommerce platform vendor Bigcommerce has made its first acquisition, buying Texas-based mobile retail technologies provider Zing.

Australian independent online retail delivery network, ParcelPoint, has completed a $7 million financing round with the funds to be used to support the company’s network and team expansion.