Ecommerce Sales

Unilever sees 49% rise in ecommerce sales for 2020

The company has announced the figure amidst a change in customer shopping habits during Covid-19 lockdown. Unilever has said its performance shows the companies “strength and agility” The turnover of the company for the first 6 months of 2020 stands at €25.7 million (C$42.4 million), down 1.6% from last year The company, which owns brands…

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Ecommerce Online Payment

Mastercard and Microsoft join forces as they look for ‘the future of digital commerce’

The two companies have agreed to a partnership as they look to research, develop and scale new business models and technologies Mastercard Labs, the companies research and tech division has said it will allow them to accelerate its cloud-native researchwith the aim of “de-risking and commercialising emerging technologies and platforms for digital commerce” The focus…

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Ecommerce accelerate growth and brings financial resilience in times of crisis, says new report

A new study by the Business Development Bank of Canada (BDC) surveying ecommerce and what hurdles lie in the way of success, has reported its findings Among the key statistics were businesses that conducted 50% of their trade online outperformed others during lockdown  with 39% saying revenue increased in that time Currently, only 46% of…

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Small businesses adapting to provide alternate shopping options to customers

A recent study by the Canadian Federation of Independent Business (CFIB) has found that 86% of small businesses have adapted to using a new business model for alternate shopping options such as online delivery or pickup Many small businesses have adapted to ecommerce this year as lockdown measures have forced brick and mortar stores to…

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