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African Ecommerce Market ready for growth 22 Aug 2013 | 06:12 pm
NIGERIA | The African e-commerce industry is set for significant growth in the next few years due to the increased availability of broadband access, affordable data costs offered by mobile operators a...
Mobile Commerce: 25% of online shopping revenues by 2017 22 Aug 2013 | 02:08 pm
NETHERLANDS | According to a whitepaper that was recently released by Medio, this year, mobile commerce is contributing 17.4 percent to the total online shopping revenues, and that is only expected to...
Ecommerce Market Germany: 41 million online shoppers 22 Aug 2013 | 01:37 pm
GERMANY | Annual European web retail sales will swell from 112 billion euros (US $149.5 billion) in 2012 to 191 billion euros (US $254.9 billion) by 2017, a 70.5% increase, according to a new report f...
Online retail sales Australia to hit $25 billion by 2015 21 Aug 2013 | 11:51 am
AUSTRALIA | Research has revealed key findings pertaining to the adoption of the internet as a channel for the future success of Australian retailers in 2013, based on a joint study conducted by Frost...
Investcorp Makes Eightfold Return on Skrill Sale to CVC 20 Aug 2013 | 02:57 pm
BAHRAIN |Investcorp announced it sold 75% of its stake in U.K. based payments company Skrill to CVC Capital Partners for an enterprise value of €600 million ($780 million). Investcorp’s original equit...
MasterCard continues roll-out of MasterPass 20 Aug 2013 | 02:44 pm
SYDNEY – AUSTRALIA | Yesterday at the Online Retailers Conference and E-commerce Expo MasterCard announced a key milestone in the evolution of its digital payment service, with 16 of Australia’s leadi...
SafetyPay adds Colombia to Their International E-Commerce Payment Solution 16 Aug 2013 | 12:58 pm
MIAMI, FLA | Consumers in Colombia Can Now Securely Shop Online from Global and Local Merchants and Pay Directly from Their Online Bank Account. SafetyPay™, the real time online-banking payment sol...
U.S. E-commerce Sales: Back to Pre-crisis Growth rates 16 Aug 2013 | 11:39 am
UNITED STATES | Online retail sales increased 18.4% in the second quarter over the same period last year, the U.S. Commerce Department reported today. It’s the biggest year-on-year increase since an 1...
LocoConnect 2013 | Europe’s First Local Commerce Event 16 Aug 2013 | 10:00 am
AMSTERDAM – The Netherlands | On November 12th, Europe’s first Local Commerce event will take place in Amsterdam. The Loco Connect 2013 event will bring experts from across Europe to discuss the ‘loca...
Facebook: dead-on competitor of PayPal? 15 Aug 2013 | 08:13 pm
Menlo Park, CA | Facebook plans to test a new payments product that would allow online shoppers to make purchases on mobile apps using their Facebook login information, according to sources familiar w...