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This Week in eCommerce Data: March 11th, 2022

This Week in eCommerce Data: March 11th, 2022

Welcome to the 87th Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, we look at the ecommerce consequences of Russia’s invasion of Ukraine. Plus, other ecommerce news from elsewhere!
 

Key ecommerce data
 

1 million

the number of subscribers to Netflix in Russia, as it also suspends its services in the country, along with Visa, Mastercard, Google, PayPal, Nintendo, Samsung, TikTok, Google, and Sony. 

2% of revenue

of Adidas comes from Russia as it pauses sales in the country as a response to its invasion of Ukraine. 

$6 million

the amount raised by sneaker ecommerce platform Kicks Crew in series A funding, which was led by Gobi Partners, Pacific Century Group, and Complex China. 

50 products

the number of products that Twitter allows to showcase on Twitter Shops, a new shopping feature on the social media network. 

$5.4 trillion

the expected value of global ecommerce purchases in 2022. 

266 billion parcels

the forecasted global parcel shipping volume by 2026, compared to 131 in 2020. 

12% drop

in Best Buy’s ecommerce sales during fiscal 2022, despite its total revenue setting a new record of $51.8 billion. During Q4, 40% of its sales were made online. 

$6 million

the amount raised by Brazilian startup Mara in funding. Its aim is to reinvent grocery shopping in Latin America for the people who need help getting better pricing on their groceries. 

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