![]() ![]() The rise in social commerce is also nurturing emerging eCommerce trends like live streaming and group buying activities worldwide. ![]() ![]() ![]() The dominant e-retail demographics (smartphones and tablet users') are increasingly adopting social commerce, with 30 percent of U.S consumers shopping through social platforms, while almost 50% of their Chinese counterparts are doing the same. Smartphone-based eCommerce sales almost tripled in value up to $432 billion in 2022 from $148 billion in 2018.Įmerging Online Retail Trends Are Shaping eCommerce In the same light, the way eCommerce is taking place is also facing significant transformations, with smartphones and tablet users acting as the primary drivers. For example, online sales, which was just 17.8% of total sales volume in 2020, will reach $6.17 trillion in value by 2023. This is even without accounting for the pandemic's impact. So that was the idea behind their new strategy to facilitate e-retailers and enhance the entire online shopping experience.Īs the global population increases and the number of internet users worldwide soars (63% of the world's population), online retail is on a path to aggressive growth. Hong Kong, China - ( ReleaseWire) - Setting out with a mandate to revolutionize the eCommerce industry, AllValue has managed to alter the status quo of cross-border eCommerce since its inception only a few years ago.ĪllValue, an eCommerce web development services provider, has managed to achieve this feat by delivering a cost-effective yet, robust eCommerce solution that is straightforward to onboard for both small and large businesses who intend to make it to market in no time.īut AllValue recognizes that consumer pain points are dynamic and ever-evolving, and for businesses to stay relevant, they need to be up to the challenge of addressing customer challenges as they emerge. This press release was orginally distributed by ReleaseWire ![]()
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