Level I BASIC

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 Announced Renewed Strategic Cooperation with Tencent

Retrieved on:

Wednesday, June 29, 2022

The value of such cooperation is expected to be paid or spent in cash and in the form of the Companys shares combined over the next three years.

Key Points:

The value of such cooperation is expected to be paid or spent in cash and in the form of the Companys shares combined over the next three years.
The two parties will leverage this mutually beneficial partnership to provide better and more convenient shopping experience for users.
JD.coms cutting-edge retail infrastructure seeks to enable consumers to buy whatever they want, whenever and wherever they want it.
These forward-looking statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates, confident and similar statements.