01 Mar The Ecommerce News Roundup – 1 March 2021
Can you feel it?
There is now a very clear sense in the air that we are about to emerge from the tunnel of Covid and it feels, from our point of view, that everyone is going to be going crazy hiring over the next few months to make up for lost time. We are all very very busy. Good luck everyone with the coming deluge of work!
As always, below are just some of the latest stories from digital & ecommerce – enjoy!
UK ECOMMERCE NEWS
Facebook Shop comes to the UK as the social site taps into growing social commerce mood.
Secret Sales see 4,000% month-on-month revenue growth.
Lockdown shopping habits see 93% of UK online shoppers buy on Amazon.
TikTok expands Shopify partnership helping UK sellers “achieve a huge sales increase”.
Ikea full-year sales fall cushioned by strong online growth.
Pets at Home says lockdown pet bonanza will bring even higher profits.
Fixter, the UK’s first digital car maintenance provider reports 200% revenue growth.
(Cision PR Newswire)
Asda unveils far-reaching shift online – creating 4,500 jobs.
The Very Group donating new laptops to local schools.
Ebay launches multi-million pound support package for businesses helping their community.
INTERNATIONAL ECOMMERCE NEWS
Farfetch reaches profitability after 12 years.
Shopify doubles revenues for 3rd consecutive quarter.
Etsy blitzes analyst estimates seeing 130% growth in “exceptional Q4 performance”.
Russian online retailer Wildberries has launched dedicated ecommerce websites in France, Italy, and Spain.
Crocs revenues rise 13% to record $1.4 billion in 2020.