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Voice of the Industry Seizing the marketplace opportunity: B2B ecommerce cross-border expansion Wednesday 3 March 2021 10:36 CET | Editor: Alex Guzu | Voice of the industry John Caplan from Alibaba.com details the benefits that B2B marketplaces bring to merchants when it comes to mitigating the complexities of cross-border trade Online marketplaces that allow cross-border trade are enormous drivers of economic growth. For years, B2C platforms have been the centre of attention, with many not recognising the incredible growth underway in the B2B segment. This is indeed a huge miss: B2B ecommerce represents a USD 23.9 trillion market globally, according to the US International Trade Commission – six times that of the B2C ecommerce. ....
Voice of the Industry How are cross-border sales faring for UK retailers? Thursday 18 February 2021 07:52 CET | Editor: Anda Kania | Voice of the industry Andy Mulcahy from Neil Kuschel from Global-e reveal the pandemic’s impact over cross-border markets, with an in-depth look into the UK retail space To say that 2020 has bought disruption to the retail industry would be something of an understatement. As it has become increasingly clear that the coronavirus pandemic is not going to be controlled as quickly as governments, businesses, and indeed people perhaps initially expected, all of us are having to make adjustments to our behaviour that have all of us guessing which changes might turn out to be temporary, and which are here to stay. ....
Voice of the Industry Cross-border ecommerce in Russia â facts and figures Tuesday 16 February 2021 09:17 CET | Editor: Alex Guzu | Voice of the industry Nadezhda Vinogradova from Data Insight sheds light on the intricate particularities of the Russian cross-border ecommerce market, providing specific examples and stats The Russian ecommerce market size amounted to USD 32 billion and 800 million orders in 2019 (including across border) – and according to Data Insight estimates, the Russian domestic ecommerce market volume will reach USD 35,1 billion in 2020, while the number of orders is expected to exceed 1.1 billion. According to Internet World Stats, in 2019 the number of Internet users in Russia was 116,3 million people, representing approximately 80% of the total population of the country in 2019 (while the average for Europe is 87%). ....
Voice of the Industry The transformative power of the ecommerce industry Monday 8 February 2021 09:03 CET | Editor: Andra Constantinovici | Voice of the industry Raymond Yang of Lazada Group discusses the rise of digital economy in 2020, highlighting livestreaming in online commerce as a focus point in the Asian marketplace ecosystem 2020 has been a reality check on the burgeoning role that the ecommerce industry will play in the lives of consumers and to drive growth among retailers and brands. The COVID-19 pandemic has accelerated this. ecommerce players have influenced consumer behaviours, mindsets, and even how they make purchases – in their use of technology and innovations to boost accessibility and engagement. In turn, consumers have discovered and will continue to discover new ways to maintain their lifestyles – from the convenience of buying groceries to ordering their food and even accessing healthcare services online. ....
Voice of the Industry About fraud and Strong Customer Authentication â old challenges, new patterns Thursday 17 December 2020 08:31 CET | Editor: Anda Kania | Voice of the industry Fraud Prevention in Ecommerce Report 2020 / 2021 Elena Emelyanova, Senior Payments and Fraud Manager at Wargaming, details the SCA’s challenges for the gaming industry, and the emerging patterns of fraud Fraud Prevention in Ecommerce Report 2020 / 2021 Wargaming is an online game developer and publisher. Our games are free-to-play, and our business model is based on micro transactions. Moreover, the way our games are created doesn’t offer the possibility to do in-game fraud, because one may not resell the purchased item (once you bought it, it’s yours), and we do not do cash out. ....