Remove 2010 Remove Payment Services Remove Social Commerce
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Decoding the global trends shaping the future of retail

Inside Retail

But if you have never heard of social commerce, now is the time to stand up and pay attention. Statista has reported that the global value of social commerce will grow from US$1.3 In late 2023, Salesforce reported that 59 per cent of consumers had shopped on social media, a massive jump from 15 per cent in 2021.

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PayPal preparing US$45 billion bid for Pinterest

Inside Retail

Acquiring Pinterest would allow PayPal to capture more of that e-commerce growth and diversify its income though advertising revenue. The online payments provider hopes to successfully negotiate and announce a deal by the time it reports quarterly earnings on Nov. It acquired return-service provider Happy Returns in May.

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11 Things to Know About China’s eCommerce Market

Indigo 9 Digital

More than a decade ago in 2010 JD.com started offering same day and next day delivery and claimed it was the first eCommerce company in the world to do so. China has the largest market for social commerce. Social commerce, which is eCommerce sales that are made on a social media platform, is a big business in China.