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E-Commerce Solutions Grow in Popularity Around the World

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The e-commerce market continues to grow exponentially. According to data provided by Shopify, two years ago, only 17.8% of sales were made from online purchases. That number is expected to reach 21% in 2022, a 17.9% increase in e-commerce market share over two years. Growth is expected to continue, reaching 24.5% by 2025, which translates to a 6.7% increase in just five years. The number of active online stores around the world is rising in large part due to better internet infrastructure in emerging markets and thanks to an increasingly wide range of products that are now being sold exclusively online. And, according to research by eMarketer, online retail sales will reach USD 6.17 Trillion by 2023, with e-commerce websites taking up 22.3% of total retail sales. Jowell Global Ltd. (NASDAQ: JWEL), Etsy, Inc. (NASDAQ: ETSY), JD.com, Inc. (NASDAQ: JD), Shopify Inc. (NYSE: SHOP), Alibaba Group Holding Limited (NYSE: BABA)

Key Points:

"Alibaba, JD.com and Pinduoduo will command 83.6% of the retail ecommerce market in 2020, compared with 80.3% last year.
Jowell Global Ltd.(NASDAQ: JWEL )just announced breaking news regarding its, "unaudited financial results for the third quarterended September 30, 2022.
Total revenues were $51.4 million, an increase of 17.2% from $43.8 million in the same period of 2021.
GMV in Q3 were $66.8 million, up 7.8% year over year, while total revenue grew by 17.2% year over year reaching $51.4 million.

E-Commerce Solutions Grow in Popularity Around the World

Retrieved on:

Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The e-commerce market continues to grow exponentially. According to data provided by Shopify, two years ago, only 17.8% of sales were made from online purchases. That number is expected to reach 21% in 2022, a 17.9% increase in e-commerce market share over two years. Growth is expected to continue, reaching 24.5% by 2025, which translates to a 6.7% increase in just five years. The number of active online stores around the world is rising in large part due to better internet infrastructure in emerging markets and thanks to an increasingly wide range of products that are now being sold exclusively online. And, according to research by eMarketer, online retail sales will reach USD 6.17 Trillion by 2023, with e-commerce websites taking up 22.3% of total retail sales. Jowell Global Ltd. (NASDAQ: JWEL), Etsy, Inc. (NASDAQ: ETSY), JD.com, Inc. (NASDAQ: JD), Shopify Inc. (NYSE: SHOP), Alibaba Group Holding Limited (NYSE: BABA)

Key Points:

"Alibaba, JD.com and Pinduoduo will command 83.6% of the retail ecommerce market in 2020, compared with 80.3% last year.
Jowell Global Ltd.(NASDAQ: JWEL )just announced breaking news regarding its, "unaudited financial results for the third quarterended September 30, 2022.
Total revenues were $51.4 million, an increase of 17.2% from $43.8 million in the same period of 2021.
GMV in Q3 were $66.8 million, up 7.8% year over year, while total revenue grew by 17.2% year over year reaching $51.4 million.

JD.com to Report Third Quarter 2022 Financial Results on November 18, 2022

Retrieved on:

Friday, November 4, 2022

GLOBE, JD.com, HKEX, Eastern Time Zone, JD, Password, ID, PIN, NASDAQ, Renewable energy, Internet service provider

BEIJING, Nov. 04, 2022 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited third quarter 2022 financial results on Friday, November 18, 2022, before the U.S. market opens.

Key Points:

BEIJING, Nov. 04, 2022 (GLOBE NEWSWIRE) -- JD.com, Inc. (NASDAQ: JD and HKEX: 9618), a leading supply chain-based technology and service provider, today announced that it plans to release its unaudited third quarter 2022 financial results on Friday, November 18, 2022, before the U.S. market opens.
JD.coms management will hold a conference call at 7:00 am, Eastern Time on November 18, 2022, (8:00 pm, Beijing/Hong Kong Time on November 18, 2022) to discuss the third quarter 2022 financial results.
You will be automatically linked to the live call after completion of this process, unless required to provide the conference ID below due to regional restrictions.
A telephone replay will be available for one week until November 25, 2022.

Half of Amazon EMEA Vendors Likely to Switch Selling Models in 2023

Retrieved on:

Wednesday, November 2, 2022

Patterns newly published Amazon EMEA Vendor Report surveyed nearly 100 brands in EMEA to learn more about their Amazon sales activity, current challenges, and plans for the future on the rapidly expanding marketplace.

Key Points:

Patterns newly published Amazon EMEA Vendor Report surveyed nearly 100 brands in EMEA to learn more about their Amazon sales activity, current challenges, and plans for the future on the rapidly expanding marketplace.
Nearly half of vendors reported experiencing unfavourable commercial terms, while only 6% of respondents said discounting on Amazon hasnt caused issues on other channels.
More than half the brands surveyed have not yet been able to realise a profit in EMEA.
Amazon sales in EMEA have fallen for 29% of respondents, and another 23% said sales are stable.

Learn from Business Leaders About the Future of Blockchain, the Metaverse and AI at ADAPT 2022

Retrieved on:

Tuesday, November 1, 2022

KUALA LUMPUR, Malaysia, Oct. 31, 2022 /PRNewswire-PRWeb/ -- Virtual conference ADAPT International Convention 2022 will take place on 13 and 14 December and has 32 confirmed speakers and more than 30 partners from around the globe. Last year's event reached more than 475,000 viewers.

Key Points:

ADAPT is the world's largest virtual technology and entrepreneurship conference and the first of its kind in Asia.
ADAPT has been created to help entrepreneurs, executives, and professionals access the best and most inspiring speakers and content on technology, entrepreneurship, and personal growth.
Speakers, partners and sponsors for ADAPT 2022 will be announced soon.
"ADAPT 2022 aims to go in-depth on the most compelling trends, data and insights around the metaverse, AI, blockchain, and cryptocurrency.

Darwynn Introduces Advisory Board and Will Take Possession of New B.C. Facility to Expand Nationwide Fulfilment Solution

Retrieved on:

Monday, October 17, 2022

SCARBOROUGH, ON, Oct. 17, 2022 /CNW/ - Darwynn Ltd. ("Darwynn'' or the "Company"), an Ontario-based company building an end-to-end fulfilment ecosystem, today introduces its Advisory Board.

Key Points:

SCARBOROUGH, ON, Oct. 17, 2022 /CNW/ - Darwynn Ltd. ("Darwynn'' or the "Company"), an Ontario-based company building an end-to-end fulfilment ecosystem, today introduces its Advisory Board.
Darwynn's end-to-end fulfilment ecosystem is equipped with cutting-edge technology and automation that enables companies to compete more effectively in eCommerce.
The Advisory Board will provide guidance to the company's executive team through its continued growth and development as a leader in the Canadian fulfilment industry.
With the introduction of the Advisory Board, Darwynn will also be expanding its physical footprint as the company takes possession of a facility on November 1st.

CKGSB Releases New Report on its 20 Most Influential Alumni

Retrieved on:

Monday, October 17, 2022

BEIJING, Oct. 17, 2022 /PRNewswire/ -- Cheung Kong Graduate School of Business (CKGSB) releases its new report "Flying Unicorns, Hidden Dragons", which tracks down twenty of the school's most influential alumni who are founders, co-founders or CEOs of Chinese unicorn companies valued at USD $1 billion or more.

Key Points:

BEIJING, Oct. 17, 2022 /PRNewswire/ -- Cheung Kong Graduate School of Business (CKGSB) releases its new report "Flying Unicorns, Hidden Dragons", which tracks down twenty of the school's most influential alumni who are founders, co-founders or CEOs of Chinese unicorn companies valued at USD $1 billion or more.
Spanning the sectors of e-commerce, technology, retail, healthcare, logistics, and private equity, the report includes twenty articles, one on each alumnus, and examines how they carved out success in their unicorn companies.
This report is a reflection of CKGSB's mission to create a new generation of economic disruptors with a renewed and enhanced emphasis on global responsibility, social purpose and long-term perspective.
In fact, many of the alumni featured in the report represent leading enterprises in sustainable sectors, such as energy storage, medical devices, and fitness.

CKGSB Releases New Report on its 20 Most Influential Alumni

Retrieved on:

Monday, October 17, 2022

BEIJING, Oct. 17, 2022 /PRNewswire/ -- Cheung Kong Graduate School of Business (CKGSB) releases its new report "Flying Unicorns, Hidden Dragons", which tracks down twenty of the school's most influential alumni who are founders, co-founders or CEOs of Chinese unicorn companies valued at USD $1 billion or more.

Key Points:

BEIJING, Oct. 17, 2022 /PRNewswire/ -- Cheung Kong Graduate School of Business (CKGSB) releases its new report "Flying Unicorns, Hidden Dragons", which tracks down twenty of the school's most influential alumni who are founders, co-founders or CEOs of Chinese unicorn companies valued at USD $1 billion or more.
Spanning the sectors of e-commerce, technology, retail, healthcare, logistics, and private equity, the report includes twenty articles, one on each alumnus, and examines how they carved out success in their unicorn companies.
This report is a reflection of CKGSB's mission to create a new generation of economic disruptors with a renewed and enhanced emphasis on global responsibility, social purpose and long-term perspective.
In fact, many of the alumni featured in the report represent leading enterprises in sustainable sectors, such as energy storage, medical devices, and fitness.

ATRenew Inc. Announces Appointment of New Directors

Retrieved on:

Friday, September 30, 2022

Mr. Xin joined JD.com (NASDAQ: JD and HKEX: 9618) in 2012 and has held several key positions within JD.com.

Key Points:

Mr. Xin joined JD.com (NASDAQ: JD and HKEX: 9618) in 2012 and has held several key positions within JD.com.
He pioneered the integration of online retail and marketplace model in business operation when he was head of the Apparel & Home business department.
We would like to thank Mr. Lei Xu and Mr. Wei Tang for their invaluable insight and their contributions to the successful growth of ATRenew."
Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew.

JD PLUS now includes Shop Now benefits

Retrieved on:

Wednesday, September 14, 2022

Industry, FMCG, JD.com, JD, Health insurance, Online shopping

New benefits of Shop Now are added to JD.com's paid membership program JD PLUS.

Key Points:

New benefits of Shop Now are added to JD.com's paid membership program JD PLUS.
JD PLUS members can now receive coupons to use with payments for orders on Shop Now, and for utility bills as well.
Various Shop Now-associated benefits are accessible to JD PLUS members.
In the past year, the proportion of JD PLUS members who have experienced the convenience of Shop Now service has continued to increase significantly, and the on-demand retail has been welcomed and recognized by more JD PLUS members.