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March 29, 2021 // Gushcloud and Shinsegae Duty Free jointly announced it will launch its first-ever “Asean Live Commerce Festival” with Gushcloud, Southeast Asia's leading influencer marketing network company, on March 31st. Shinsegae Duty Free, the travel retail arm of Shinsegae Group, is the third largest duty free retailer in Korea.
China set to be first country where e-commerce sales outstrip bricks-and-mortar retail in 2021 Some 52.1 per cent of China’s overall retail sales are expected to come from e-commerce transactions this year, according to research firm eMarketer The pandemic boosted online sales that were already growing at a steady clip thanks to the rapid digitalisation of traditional trade-in China, experts say
Wednesday, February 17, 2021 China will outpace the US by nearly $2 trillion in ecommerce this year February 17, 2021 (New York, NY) – China will take a step in its digital transformation this year that once would have seemed almost unthinkable. For the first time anywhere, a majority of retail sales for an entire country will transact online. We forecast that 52.1% of China’s retail will come from ecommerce in 2021, up from 44.8% last year. For almost every other country in the world, this datapoint remains far out of reach. The country with the next highest rate of ecommerce as a sha...