Rohlik Group raises €160 million to fuel European expansion plans
Rohlik Group, a European food retail technology and online grocery specialist is aiming to expand to at least 10 additional cities by 2030.
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Tag: online shopping
Delivery concerns cost online retailers £34.4bn in losses in 2023, study finds
More than one in four online transactions are being abandoned at checkout, amid financial strain.
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Asda launches online prescription service
Uk retailer Asda has launched a new online prescription service in partnership with Pharmacy2U, the country’s largest NHS approved online pharmacy.
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European online DIY market to reach €66 billion by 2025
Cross-Border Commerce Europe has published a new research paper which shows the share of e-commerce within the European DIY sector has grown significantly.
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Mango surpasses €3 billion in turnover, €1 billion in online sales
Spanish fashion retailer Mango closed 2023 with a turnover of over €3 billion for the first time. Within this, online sales exceeded €1 billion in turnover for the first time, accounting for 33% of the group’s total turnover.
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Report: UAE online shopping boom to hit $17 billion by 2025
The UAE’s e-commerce market is set for explosive growth, reaching $17 billion by 2025, according to a report by quick-commerce platform YallaHub.
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German e-commerce to “bottom out” in 2024 after drop in sales
The e-commerce association (bevh) found that for the first time, gross sales of goods fell in double digits by 11.8 percent to €79.7 billion in 2023, after reaching €90.4 billion the previous year. However, it said it expects a turnaround this year.
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Euromonitor International unveils top 5 digital consumer trends for 2024
Global market research company Euromonitor International has released the Top Five Digital Consumer Trends in 2024 report and revealed the two platforms that consumers are flocking to most.
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Qatar Islamic Bank adds e-commerce platform to mobile banking app
Qatar Islamic Bank (QIB) has announced it is upgrading its mobile app with an e-commerce platform as it looks to move beyond just banking.
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Walmart introduces Virtual Try-On tech for eyewear
From February, customers will be able to virtually “try on” frames and purchase prescription eyewear online through the Walmart app or website.
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Amazon expands availability of Consult-a-Friend shopping feature
The e-commerce firm had been testing the tool which was designed to allow users quickly and easily request, view, and manage friends’ feedback on products within the Amazon Shopping app.
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M&S names Rachel Higham as its new Chief Digital and Technology Officer
UK retailer Marks & Spencer has named Rachel Higham as its new Chief Digital and Technology Officer continuing its digital transformation strategy.
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Disney connects the stream to the shopping cart with new ad format
Disney has launched a beta programme for its first native streaming shoppable ad format, allowing consumers to shop and stream at the same time.
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Increased mobile orders among e-commerce trends during holiday period – Admitad
To better assess the sales potential during the Christmas and New Year period Admitad analyzed 11 million orders, shedding new light on both global trends and unique features of the MENA market.
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Shoppers prefer to save time over money, finds Swiss retail study
A new Swiss retail survey by the Gottlieb Duttweiler Institute (GDI) has outlined four critical steps to make the retail experience more attractive with consumers no longer seeing it as an enjoyable activity.
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Cashback app backed by Mitgo Group launches in the MENA region
A new cashback app backed by a $1.2 million investment from the Mitgo Group, has launched in the Middle East and North Africa (MENA) region as the popularity of cashback services continues to grow.
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Buy Now, Pay Later set for biggest day in history, says Uplo
MENA-based ecommerce firm Uplo has predicted that payments via buy now, pay later (BNPL) will, for the first Black Friday in history, overtake the volume and value of payments made in cash.
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Black Friday 2023 in MENA: What to expect and how to maximize sales
Admitad partner network is predicting a 35% jump in online sales for Black Friday in MENA this year. It has also highlighted the types of products that will be most in demand as well as the channels that can help brands find new customers.
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5 surprising truths about consumers according to new research from Bain & Company
With an increasingly environmentally conscious base of consumers and employees in the GCC, new research from Bain & Company has revealed several surprising truths about consumers, dispelling some common misperceptions.
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Single’s Day shopping frenzy: MENA customers made 63% more orders than usual
Brands recorded all-time highs in sales with MENA customers placing 63% more orders and spending 35% more on them compared to a “normal period”.
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