E-commerce news

One third of IT products in the world are sold through online sales

The third part of IT products from around the world is sold online. Such data for the year 2018 was provided by GfK.
If you analyze only the European market, you can see that this year a quarter of e-commerce products are technological goods. in 2015 this figure was 21%.
The most active online sales are developing in the Asia-Pacific region, especially in China. In this country, the e-commerce market grew by 23%. And the percentage of online sales of IT products in the first half of 2018 reached 30%.
But it is worth noting that in the US and European countries more than 80% of the population use the Internet. In China - much less, since most of the citizens live in rural areas.
But the Chinese infrastructure is developing rapidly, so Internet technologies are becoming more popular there. And this will entail an increase in Internet sales. This shows the prospects for Chinese Internet retailers.
The number of online sales is positively affected by smartphones. With them online shopping becomes more affordable and popular. More and more users are using this gadget to make purchases on the Internet. For example, in 2015 40% of purchases of IT products were made using smartphones, and in 2018 this figure was already 50%.

Instagram will release a separate application for purchases and trade

E-commerce is developing at a rapid pace, and Instagram owners have decided to contribute to its development. The Facebook social network Instagram already creates a new application called "IG Shopping". With it, you can choose the right product on the seller's page from the subscriptions, and pay off directly in the application.
The application will be the same as the usual Instagram, but payment tools will be added to it. While there is no exact information on the date of implementation.
Chief Operating Officer Facebook said that now 25 million companies have Instagram accounts. 2 million of these accounts are advertisers. Therefore, such an application will help them to increase their income even more.
In addition, there were rumors that Facebook will also improve its platform with additional tools for purchases.

Founder Alibaba retired to do charity work

Jack Ma - the founder of the Chinese online retailer Alibaba, said his retirement did not retire on his 54th birthday. This was written in the New York Times.
Jack Ma leaves the Chinese online retailer on Monday, September 10, for the sake of continuing charity in the field of education. Ma founded Alibaba back in 1999. And in a few years this company turned into a giant of e-commerce. Prior to the founding of Alibaba Ma worked as an ordinary English teacher at the school. Now his fortune is estimated at 36 billion dollars.
The resignation of the billionaire could be caused by a change in the situation in the Chinese business market, that is, because enterprises constantly interfere in the work of the private sector. But Ma still remains on the Board of Directors of Alibaba and is ready to give recommendations on the development of the company.