GMV

Regina Miracle Fiscal 2023 Interim Results Revenue Reaches HK$4.61 Billion; Hitting a Record High for the Period, Net Profit Rose 23.1% to HK$313 Million

Retrieved on: 
Tuesday, November 29, 2022

Its total cash on hand was approximately HK$872.1 million as at 30 September 2022 (31 March 2022: approximately HK$995.0 million).

Key Points: 
  • Its total cash on hand was approximately HK$872.1 million as at 30 September 2022 (31 March 2022: approximately HK$995.0 million).
  • So that to enable Regina Miracle to grasp the opportunities for market penetration amid the industry consolidation."
  • This business segment contributed approximately HK$1,483.7 million in revenue during the Period (1HF2022: HK$1,036.4 million), a 43.2% year-on-year increase, accounting for 32.2% of total revenue.
  • Segmental gross profit was approximately HK$358.0 million and gross profit margin was 24.1% (1HF2022: HK$243.4 million and 23.5%, respectively).

BigCommerce Merchants See 31% GMV Increase on Black Friday, Outpacing Broader Retail Industry

Retrieved on: 
Monday, November 28, 2022

On Black Friday, BigCommerce merchant gross merchandise value (GMV) increased 31%, bolstered by a 25% increase in total orders and a 4.5% increase in AOV, compared to Black Friday 2021.

Key Points: 
  • On Black Friday, BigCommerce merchant gross merchandise value (GMV) increased 31%, bolstered by a 25% increase in total orders and a 4.5% increase in AOV, compared to Black Friday 2021.
  • On Thanksgiving, GMV for BigCommerce stores was up 23% with total orders increasing 22% compared to Thanksgiving 2021.
  • The National Retail Federation (NRF) projects U.S. holiday sales to grow 6-8% year-over-year, compared to the 13.5% growth seen in 2021.
  • With a year-over-year sales increase of 31% on Black Friday and 23% on Thanksgiving, BigCommerce merchants grew significantly faster than overall ecommerce, said Brent Bellm, chief executive officer at BigCommerce.

Europe Buy Now Pay Later Business Report 2022: BNPL is More Popular in the United Kingdom when Compared to Other Nations Such as Italy and Germany as UK Providers Raise Funds to Gain Growth in the US

Retrieved on: 
Monday, November 28, 2022

Among several countries in Europe, BNPL is more popular in the United Kingdom as compared to other nations, including Italy and Germany.

Key Points: 
  • Among several countries in Europe, BNPL is more popular in the United Kingdom as compared to other nations, including Italy and Germany.
  • Consumers in the United Kingdom observe retail finance as a convenient way to split the cost of expensive purchases.
  • Since the onset of the pandemic, buy now pay later (BNPL) has grown significantly in the United Kingdom.
  • In 2022, consolidation trends among BNPL providers are also expected to emerge in the UK BNPL market as regulatory proceedings gain momentum.

McFadyen Digital Releases 2022 Multi-Vendor Marketplace Vendor Comparison Report

Retrieved on: 
Thursday, November 17, 2022

VIENNA, Va., Nov. 17, 2022 (GLOBE NEWSWIRE) -- McFadyen Digital released the third edition of their annual Marketplace Suite Spot Report , the industry's only detailed comparison of multi-vendor marketplace and drop ship software vendors.

Key Points: 
  • VIENNA, Va., Nov. 17, 2022 (GLOBE NEWSWIRE) -- McFadyen Digital released the third edition of their annual Marketplace Suite Spot Report , the industry's only detailed comparison of multi-vendor marketplace and drop ship software vendors.
  • The Marketplace Suite Spot Report evaluates the top technologies that businesses can use to create, launch, and grow their multi-vendor digital commerce marketplace.
  • McFadyen Digital, the leading global agency for e-commerce marketplace strategy and implementation, was the first to provide detailed marketplace vendor analysis and continues to offer the deepest-level analyst report for B2B or B2C businesses planning to add third-party seller capabilities.
  • The detailed 39-page report consolidates detailed surveys, dozens of hours of vendor demos, time discussing vendor strategy, and conversations with marketplace operators.

Dada Announces Unaudited Third Quarter 2022 Financial Results

Retrieved on: 
Thursday, November 17, 2022

Operations and support costs were RMB1,466.8 million, compared with RMB1,235.7 million in the same quarter of 2021.

Key Points: 
  • Operations and support costs were RMB1,466.8 million, compared with RMB1,235.7 million in the same quarter of 2021.
  • Selling and marketing expenses were RMB1,149.7 million, compared with RMB780.3 million in the same quarter of 2021.
  • Net loss attributable to ordinary shareholders of Dada was RMB454.3 million, compared with RMB542.7 million in the same quarter of 2021.
  • For the fourth quarter of 2022, Dada expects total revenue to be between RMB2,650 million and RMB2,750 million, representing year-over-year growth of 30% to 35%.

Jowell Global (NASDAQ: JWEL)’s 2022 Singles’ Day Shopping Festival a Success With 32.5% GMV Growth

Retrieved on: 
Thursday, November 17, 2022

SHANGHAI, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Jowell Global Ltd. (Jowell Global or the Company) (NASDAQ: JWEL), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China, today announced strong results from its 12-day 2022 Singles Day Shopping Festival.

Key Points: 
  • SHANGHAI, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Jowell Global Ltd. (Jowell Global or the Company) (NASDAQ: JWEL), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China, today announced strong results from its 12-day 2022 Singles Day Shopping Festival.
  • Over $24.5 million was generated in gross merchandise volume (GMV) during the festival, which represents an extraordinary 32.5% growth from last year.
  • Jowell Global Ltd. (the Company) is one of the leading cosmetics, health and nutritional supplements and household products e-commerce platforms in China.
  • For more information, please visit http://ir.1juhao.com/
    Note: GMV for the Singles Day Shopping Festival is the total value of orders settled through our platform from November 1, 2022 to November 12, 2022.

Naspers Delivers Strong Ecommerce Revenue Growth and Operating Performance

Retrieved on: 
Wednesday, November 23, 2022

Our ecommerce businesses are all profitable or breakeven at the core and we have accelerated efforts to drive profitable growth.

Key Points: 
  • Our ecommerce businesses are all profitable or breakeven at the core and we have accelerated efforts to drive profitable growth.
  • Ecommerce revenues, on an economic interest basis, grew 38% to US$5.6bn, driven by strong top-line growth across all four core segments.
  • The segment delivered strong growth, with a focus on improving profitability in the core restaurant businesses, coupled with controlled investment in growth extensions, such as quick commerce and groceries.
  • In the core restaurant business in Brazil, orders increased by 2% and GMV by 13%, driving revenue growth of 29%, to US$606m.

Savvy and Innovative Retailers Brooklinen, Marquee Brands, Paperless Post, Bohemian Mama and Snipes, Gear-up for the Holidays with Dropship Programs Powered by fabric Marketplace™

Retrieved on: 
Tuesday, November 22, 2022

And with continued supply chain challenges, expanding selection, risk-free, just before the holidays, is a big competitive advantage.

Key Points: 
  • And with continued supply chain challenges, expanding selection, risk-free, just before the holidays, is a big competitive advantage.
  • fabric Marketplace enabled A Pea in the Pod to complement our assortment and capture the entire lifecycle of our customer.
  • fabric also supports retailers and brands with a full commerce platform offering, as well as a standalone Order Management (OMS) product.
  • At Bohemian Mama, they are a team of women with a commitment to quality, service, and our future.

Europe Buy Now Pay Later Business and Investment Opportunities Report 2022: BNPL Gross Merchandise Value will Increase from $178.6 Billion in 2021 to Reach US$899.1 Billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 22, 2022

BNPL payments in the region are expected to grow by 38.9% on an annual basis to reach US$248.1 billion in 2022.

Key Points: 
  • BNPL payments in the region are expected to grow by 38.9% on an annual basis to reach US$248.1 billion in 2022.
  • The BNPL Gross Merchandise Value in the region will increase from US$178.6 billion in 2021 to reach US$899.1 billion by 2028.
  • Among several countries in Europe, BNPL is more popular in the United Kingdom as compared to other nations, including Italy and Germany.
  • Since the onset of the pandemic, buy now pay later (BNPL) has grown significantly in the United Kingdom.

AirTank Announces CareCart - a First-of-Its-Kind eCommerce Platform Built Exclusively for the Healthcare and Medical Technology Sectors

Retrieved on: 
Wednesday, November 23, 2022

AirTank, Inc. is pleased to announce the launch of CareCart , the first eCommerce platform of its kind developed exclusively for the medical technology and healthcare sectors.

Key Points: 
  • AirTank, Inc. is pleased to announce the launch of CareCart , the first eCommerce platform of its kind developed exclusively for the medical technology and healthcare sectors.
  • Already a leader in medical device and healthcare eCommerce digital marketing, AirTank recognized a need for an industry-specific platform to ease clients most common pain points.
  • Powered by AirTanks existing eCommerce platform, ZiftrShop, CareCart is an agile, scalable solution built with the specific needs and compliance requirements of medical and healthcare applications in mind.
  • Healthcare and MedTech eCommerce is scheduled to grow by 20% ( according to a Whitepaper published by Healthcare Industry experts on the CareCart team ).