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This Week in eCommerce Data: February 4th, 2022

This Week in eCommerce Data: February 4th, 2022

Welcome to the 83rd Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, we look at digital experiences, digital subscriptions, and brand value. Plus, other ecommerce news from elsewhere!
 

Key ecommerce data

35%

the number of consumers that would switch grocers and pharmacies for better digital features and capabilities, bringing into focus the increasing demand for quality online experiences. 

32%

the increase in digital subscriptions across Latin America, as more and more consumers are turning to subscription-based services in order to find engaging digital content. 

275%

increase in brand value of Tesla, the top riser in the world, followed by TikTok (158%), Pinduoduo (131%), Meituan (119%), and Moutai (103%).  

$2.6 billion

the current valuation of India’s industrial B2B marketplace Moglix, up from $1 billion just 8 months ago. 

 $200 million

the amount of funding rapid grocery delivery startup Zapp raised, including investment from Formula One driver Lewis Hamilton. 

 80,000 pins

the number of shoppable pins that will be available on Pinterest’s AR shopping feature for furniture and home decor. 

3 more countries

ecommerce platform BigCommerce is expanding its services into Mexico as well as Germany and Spain, following its recent launch in France. 

30% growth

in ecommerce sales for H&M, as it begins to bounce back from the pandemic. Last year the retailer made €1.36 billion in profits. 

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