NAB Online Retail Index Up 49.6%, Led By Groceries & Appliances
The NAB Online Retail Sales Index continued to improve in June increasing by 49.6% year-on-year and 0.2% month-on-month. “The year-on-year result implies... Read More
Amazon’s Sales Surge 40% As Shoppers Move Online
Amazon’s net sales increased by 40% year-on-year (y-o-y) to $88.9 billion in Q2 2020, as shoppers across the globe moved to online... Read More
Wesfarmers Bought Catch For $230M – It’s Now Worth $1B
In June 2019 Wesfarmers purchased Catch Group – which owns the ecommerce site Catch.com.au – for $230 million. Now, analysts and fund... Read More
Shopify Sales More Than Double In Q2 As Merchants Move Online
Shopify’s gross merchandise value (GMV) – that is, the total value of goods sold on its platform – more than doubled in... Read More
Google Shopping Takes Aim At Amazon With New Seller Initiatives
Google has offered another focused attempt to compete with Amazon’s online portal, this time accelerating its ‘Shopping’ web platform to better capitalise... Read More
How COVID Is Changing Retail Landscape For Good
Market research firm McKinsey has found that the COVID-19 pandemic is rapidly changing the retail landscape, and many of these new trends... Read More
Federal Court Finds Kogan Ran Misleading Sales Promo
The Federal Court has found that Kogan.com breached the Australian Consumer Law by making false and misleading representations about a tax time... Read More
Online Channels Account For A Record 28% Of Global Smartphone Sales
Market research firm Strategy Analytics estimates that online retail channels will account for a record 28% of all smartphone sales worldwide in... Read More
Kogan Turns To Twitter Instead Of ASX
Yesterday, Ruslan Kogan, the CEO of Kogan.com, turned to Twitter to make a trading update about the online sales figures of recently... Read More
Will Afterpay Hit A Wall When Gov Subsidies End?
Afterpay’s share price has skyrocketed in recent months, hitting a record high of $73.50 last Thursday, compared to $8.90 in March, representing... Read More









