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This Week in eCommerce Data: June 19th, 2020

This Week in eCommerce Data: June 19th, 2020

Welcome to the fifth Week in eCommerce Data, where Friday begins with a dose of ecommerce data. This week there are encouraging signs of post-pandemic customer behavior for online retailers, shifting shares of total ecommerce sales, and Chinese giants avoiding Wall Street. Here’s what to make of the data.

Weekly Insight

This week we have seen data that confirms that ecommerce solidified its presence as a channel, derived from being the only channel available for people unable to visit stores, and companies that have been preparing for this for years, like L’Oréal, saw important gains during this time.

We also saw ecommerce in general gaining momentum, but more importantly we all expect that commerce will remain as a leader. Many companies will start seeing ecommerce as the leading channel and invest heavily in it. It seems that the pandemic was the last step for ecommerce to finally become the main channel for retailers.

Key eCommerce Data

5.8% 

Walmart’s share in ecommerce sales in the US, surpassing eBay into second place in terms of total share of ecommerce sales. However, Amazon’s dominance remains untouched, which holds 38% of total ecommerce sales in the US.

5.8% 

Walmart’s share in ecommerce sales in the US, surpassing eBay into second place in terms of total share of ecommerce sales. However, Amazon’s dominance remains untouched, which holds 38% of total ecommerce sales in the US.

$4 billion 

the amount raised by Chinese ecommerce giant JD in their initial public offering as it debuted in Hong Kong. The news comes as Chinese companies are becoming wary of Wall Street after greater tensions between the US and China.

53% 

the growth of L’Oréal’s ecommerce since last year, as they started to make online channels a priority. The consumer brand manufacturer outperformed its rivals The Clorox Co., Unilever, and Kellogg Co.

153 billion 

the amount spent on ecommerce from April to May, making levels during Covid-19 higher than what retailers made during the holiday season (November to December).

1,200 

the amount of sellers Walmart aims to add via its new partnership with Shopify. Walmart is attempting to expand its third-party marketplace sites amidst the pandemic-fueled surge in online sales.

$826 million 

 the amount generated by Adobe in Q2, which includes its Magento Commerce software. This is an increase of 5% year-on-year.

75% 

the number of people who expect to maintain or increase their levels of online shopping after the pandemic ends.

78% 

the surge in ecommerce activity for May, generating $82.5 billion in total online spending.

10% 

the projected growth of B2B ecommerce in 2020, forcing a large sector of the economy to utilize online to continue sales.

 

This Week in eCommerce Data: June 19th, 2020

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