A common theme throughout 2020 has been the acceleration of digital adoption across both businesses and consumers. We take a look at the lingering impacts on payments and risk across multiple studies and reports comparing consumer and fraudster activity between 2019 and 2020. Read More
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Alibaba’s Singles Day Sales Exceed US Online Sales from Thanksgiving Through Cyber Monday
Alibaba, China’s largest online company, reported gross merchandise value (GMV) of $30.8 billing on Singles Day or 11/11. This metric, which represents the dollar value of goods sold by third parties over Alibaba’s platform, is up 22 percent from last year. Singles Day is the largest online shopping day in China, far exceeding the value
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Amazon Increased Conversion Additional 36% After Fixing Early Issues on Prime Day
According to marketing analytics data from Jumpshot, when Amazon’s Prime Day kicked-off on Monday July 16 their daily sales conversion rate was just 4.5 percent higher than the previous Monday. On Tuesday July 17, however, after Amazon resolved many technical issues, the largest online retailer enjoyed a sales conversion rate 40 percent higher than the
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Thanksgiving, Black Friday and Cyber Monday all Set New Record Highs
Desktop and mobile eCommerce sales reached a combined $14.5 billion across Thanksgiving, Black Friday and Cyber Monday, while CNP channel sales on each day increased by at least 17 percent year-over-year. The nearly $6.6 billion in eCommerce sales on Cyber Monday set a new record for the largest online shopping day in North America, as
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Alibaba Exceeds $25 Billion in Purchase Volume on Single’s Day with 90 Percent of Revenue Made in Mobile Channel
Alibaba shattered previous sales records on Single’s Day in China, the largest global online shopping day of the year, reaching $25.3 billion in purchase volume across their Taobao and TMall platforms on November 11, 2017. Alibaba’s sales on this one day exceed the total volume of online sales in the United States from Thanksgiving through
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Black Friday Sets New U.S. Total Online Sales Record, Surpassed by Cyber Monday Days Later
Consumers continue to shop more online and from their mobile devices on Thanksgiving, Black Friday and Cyber Monday with another record-setting year. Black Friday 2016 turned out to be the third largest desktop eCommerce shopping day of all-time in the U.S., but Adobe, including mobile commerce, estimated online Black Friday sales to reach $3.34 billion,
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eCommerce Retail Spending Thanksgiving through Cyber Monday Grew 10 Percent While Brick-and-Mortar has Another Year of Decline
According to estimates from comScore, U.S. consumers spent over $7.2 billion online from PCs during the five day period from Thanksgiving to Cyber Monday, up 10 percent from $6.5 billion last year. As more consumers chose to shop online retail sales at the point-of-sale declined on Thanksgiving and Black Friday for the second consecutive year.
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Mobile Propels Higher U.S. e-Retail Forecasts for Holiday Season and 2014 Calendar Year
Recent forecasts from eMarketer estimate eCommerce retail sales will exceed $305 billion in 2014, a 16 percent increase from last year, as more than $72 billion in eCommerce sales are expected to occur during the holiday season. These e-retail volume forecasts include transactions completed from mobile devices, which are expected to grow by 37 percent
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Mobile is Key Factor in Cyber Monday, Black Friday Online Sales Growth
Recent estimates from IBM found continued growth in the online sales volume for Black Friday and Cyber Monday this year with the biggest growth coming from the mobile channel and more mobile activity overall on Black Friday. Read More
2013’s Largest Online Shopping Day in China is Bigger than Cyber Monday
While online retailers in the United States are happy with Cyber Monday setting the new record for the largest domestic online shopping day, it is still far from the size of the largest online shopping day in China known as 11.11 or Single Day. Read More
