More than $5 billion of GMV was settled through Alipay on Alibaba’s China and international retail marketplaces in the first 90 minutes of the Global Shopping Festival yesterday.
Beijing-based Alibaba Group disclosed its omni-channel retailing plans for the 2015 11.11 Global Shopping Festival. This year, more than 1,000 retail brands, with 180,000 stores in 330 cities across China, will participate in this year’s 11.11 Global Shopping Festival. In Beijing alone, more than 8,000 stores will join the 11.11 festival.
Gzhou-based Alibaba reported second quarter GMV grew to US$109 billion, a year-on-year increase of US$28 billion or 34.6% year-on-year (YOY).
Mobile GMV reached US$60 billion, an increase of 125% year-over-year, and accounted for 55% of total GMV transacted in its China retail marketplaces.
X-Cart, a global provider of hosted shopping cart services for eCommerce businesses has teamed with Coinzone, a leading Bitcoin payment solution provider dedicated to making it easy for European merchants and consumers to use and accept digital currencies.
China’s Alibaba Group posted its strongest quarter to-date with revenue soaring 45% YOY, driven by gross merchandise volume (GMV), annual active buyers, and mobile. The Company also named Daniel Zhang, currently COO to become CEO, effective May 10th.
eBay’s PayPal net total payment volume (TPV) for the fourth quarter grew 24% to $64.3 billion. PayPal gained 4.6 million new active registered accounts to end the quarter at 161.5 million, up 13%.
eBay’s PayPal net total payment volume (TPV) grew 29% with Merchant Services volume up 37% and on-eBay volume up 9%. Revenue grew to $2.0 billion.
On the heels of Google’s announcement that it will sunset Google Product Search and transition to Google Shopping, a purely commercial model built on Product Listing Ads, ChannelAdvisor will host a joint webinar with Google to help retailers understand this transition as well as a webinar hosted by ChannelAdvisor CEO Scot Wingo to walk retailers through the changes. ChannelAdvisor powers more than 3,000 retailers globally, including some of the largest, most successful retail brands such as Dell, Under Armour, Staples, Victoria’s Secret, Crocs, Jos. A. Bank, Urban Outfitters and more.
ChannelAdvisor, a global e-commerce platform provider that enables retailers to sell more across online channels, announced that ChannelAdvisor’s influential half-day Insite conference will feature industry heavyweights including eBay, Google and Shopping.com. Insite Melbourne will focus on trends in the e-commerce market, and will be held at the Melbourne Cricket Ground (MCG) on February 29.
eBay mobile GMV grew 127% in the U.S. and 165% globally on Sunday, Dec. 12 -âMobile Sundayâ- over the same Sunday last year. Mobile holiday shopping on eBay peaked globally on the second Sunday of December for the second consecutive year, having generated nearly $5 million in GMV in the US and $13 million in GMV globally. eBay mobile GMV was up 38% on âMobile Sundayâ over Cyber Monday 2010. Clothing and accessories topped the list of most-sold items among U.S. shoppers buying with their phones, with the top five U.S. states by sales volume including California, Pennsylvania, Florida, Indiana, and Ohio. U.S. mobile shopping peaked between 1:00 p.m. â 4:00 p.m. EST with more than 9,500 transactions per hour.
eBay online marketplace and mobile shopping kicked-off its iPhone application that adds selling functionality and leading RedLaser barcode-scanning technology. It bridges in-store and mobile shopping allowing users to scan to comparison shop across a wider selection of merchandise including electronics, movies and videogames. With more than 200 million live listings available at any given time on eBay, shoppers have access to a wide selection of merchandise right from their mobile phone. Additional new features include My eBay âQuick Viewâ; Buyer Protection; Instant Access to Daily Deals; Quick PayPal Payment; Saved Searches; Reminders and lets the user Choose Sizes and Colors.
eBay commerce and online marketplace has released its improved “RedLaser iPhone” app with QR Code scanning capabilities. With this, the RedLaser barcode scanning app will populate product results with eBay Marketplaces and Half.com listings. With QR, or “quick response”, Codes, users can direct customers to a broad range of information. When scanning a QR Code, consumers can receive relevant information such as links to videos, product reviews or websites to get more product information, contact information for customer support, or calendar appointments for upcoming sporting events and concerts. eBay is also updating RedLaser’s Software Development Kit (SDK) for its more than 100 third-party developers and select retailers to allow developers to offer support for VIN barcode scanning; Code 128 for gift card scanning; and Code 39 for encoding uppercase letters A through Z, digits 0 through 9, and a handful of special characters that are great for asset tags to keep tabs on high-end merchandise in offices such as laptops.