Don’t have time to keep up with all the eCommerce stories every week? We’ve got you covered. Learn more about what’s happening all around you and then go impress your friends with your new knowledge. Here’s what’s going on in the eCommerce world:
While both companies reported a growth rate in eCommerce sales, Amazon’s 27 percent increase in January is hard to compete with. eBay reported a 6.8 percent increase. ChannelAdvisor reported a 25 percent revenue gain for 2014 in online marketplaces.
Shop.org gave a survey to 71 retailers, half representing large multichannel companies that generated $1 billion in overall sales, to see how their 2014 online sales compared to 2013. The outlook is positive, with 74 percent saying their web sales increased 10 percent or more, while 27 percent said they experienced more than a 25 percent increase.
Expedia is buying up all their competition, starting with Travelocity last month, the online travel company is now buying Orbitz for $1.3 billion in cash. The deal still needs to be approved by shareholders and regulators but should be complete by the end of the year.
Technology has finally caught up and allowed Flipboard, which lets users read about their favorite topics in a personal magazine format, to finally be released to the web. The website has made a jump to desktop and mobile browsers as a responsive, algorithmically impressive way to catch up on news, read news stories and view GIFs.
Worried about who will control your Facebook after you die? Fear not, Facebook has introduced a “legacy contact” feature, allowing you to choose someone to take over your profile when your time has come.