Online: latest news, insights and analysis | ESM Magazine

Deliveroo Sees Orders Rise 88% In Second Quarter

Deliveroo said that orders jumped 88% to 78 million during its most recent quarter, however the food delivery firm has tempered its outlook for annual prof...

E-Commerce Could Account For 40% Of All Retail Trade In Sweden By 2030: Study

E-commerce could account for as much as 40% of all retail trade in Sweden by the end of the decade, according to a new study by Svensk Handel, the retail a...

Online Share Of Retail Sales Rises To Close To A Fifth Amid Lockdowns, UN Study Finds

Online and e-commerce sales accounted for nearly a fifth of total retail turnover last year, as lockdowns to combat the spread of the coronavirus pandemic...

Chinese E-Commerce Market To Be Worth $3trn By 2024

The Chinese e-commerce market will be worth CNY19.6 trillion ($3.0 trillion) by 2024, growing at a CAGR of 12.4% over the coming years, new data from Globa...

Alibaba Freezes Pay Rises For Top Executives, Sources Say

Chinese e-commerce giant Alibaba Group Holding has frozen pay raises for senior executives this year, and is instead giving junior staff bigger salary incr...

Russian Online Giant Yandex Improves Revenue Outlook As E-Commerce Booms

Russian internet giant Yandex has raised its 2021 revenue forecast, saying that strong growth in newer business areas such as e-commerce and food delivery...

E-Commerce To Account For Half The Growth In Global Retail By 2025

E-commerce is set to account for half the growth in global retail by 2025, expanding by an additional $1.4 trillion between now and the mid part of the dec...

Ocado Retail Sees Revenue Growth Accelerates In First Quarter

British online supermarket Ocado Retail said revenue rose 39.7% in its first quarter to February 28, an acceleration from the previous quarter, driven by s...