Ecommerce

Amazon ecommerce Etsy income Josh Silverman Online Marketplace platform profit revenue

TikTok has launched a shoppable livestream capability under a new partnership with Walmart. Last week Walmart announced it had “jumped in to the pilot the solution” referring to TikTok’s new…

Etsy’s stocks hit record high’s yesterday as it continues to cash in on the dramatic shift to online shopping despite recent calls for a boycott.

Etsy CEO squares up to Amazon as revenue doubles in wake of coronavirus

Companies Ecommerce

December 21, 2020

Ava Szajna-Hopgood

Alibaba Gucci Luxury Pavillion Tmall

Online marketplace Etsy saw its revenue more than double since last year, as the vintage and hand-made specialist begins to style itself as an “alternative” to Amazon. In an interview…

Gucci is set to open two new digital flagship stores on Alibaba’s luxury shopping platform as it seeks to recoup losses incurred by the pandemic.

Gucci to launch 2 flagship stores on Alibaba amid “digital first” effort to recoup pandemic losses

Ecommerce marketplace

December 18, 2020

Gucci is set to open two new digital flagship stores on Alibaba’s luxury shopping platform as it seeks to recoup losses incurred by the pandemic. According to a joint statement…

Sony is now refusing to issue PlayStation 4 players a refund for Cyberpunk 2077 , after refunding some players due to controversial and “exceptionally poor” performance issues.

Sony pulls Cyberpunk 2077 from PlayStation Store and offers full refunds to all customers

CD Projekt Red Cyberpunk 2077 PlayStation PS4 Sony

December 18, 2020

Sony Interactive Entertainment (SEI) has pulled Cyberpunk 2077 from its PlayStation online store and will offer full refunds to all players who purchased the game. The Japanese tech giant’s decision…

Walmart says it blocked more than 20 million bots from buying a PlayStation 5 in just 30 minutes as it calls on other retailers to help stamp out the problem.

Walmart blocked 20 million PS5 bots in 30 minutes as it calls on retailers to “join us” and fight scalpers

PlayStation 5 PS5 Walmart

December 17, 2020

2020 Amazon Chi Onwurah Jeff Bezos Online spend pandemic

Walmart says it blocked more than 20 million bots from buying a PlayStation 5 in just 30 minutes as it calls on other retailers to help stamp out the problem.…

Amazon’s UK website has been down for swathes of shoppers since yesterday, leaving many unable to access the website, login or make purchases.

Amazon has pocketed 40% of all new online spend during the pandemic

Companies Ecommerce

December 17, 2020

Amazon has pocketed a whopping 40 per cent of the entire £5 billion new online spend seen through the pandemic. The online retailer, which recently said it has had its…

H&M has “paid the price for being late to the party online” this year seeing its full year sales drop nearly 20 per cent.

H&M “paid the price for being late to the online party” in 2020 according to experts

GlobalData H&M Inditex Primark

December 16, 2020

H&M has “paid the price for being late to the party online” this year seeing its full year sales drop nearly 20 per cent. According to GlobalData’s retail analyst Emily…

Hamleys is set to launch its entire range of toys on Ebay’s marketplace for the first time as it seeks to expand its online presence in the face of the pandemic.

Hamleys to launch entire range on Ebay in bid to boost online presence

December 16, 2020

Hamleys is set to launch its entire range of toys on Ebay’s marketplace for the first time as it seeks to expand its online presence in the face of the…

Online fashion orders have skyrocketed 363 per cent since the start of November as Cyber Week and Christmas shopping provided a much-needed boost for the industry.

Online fashion orders up 363% since start of November

Black Friday Cyber Monday Cyber Week Online Fashion True Fit

December 15, 2020