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This Week in eCommerce Data: November 19th, 2021

Welcome to the 77th Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, we look at British-based Amazon user worries, Thanksgiving projections, and top shopping apps. Plus, other ecommerce news from elsewhere!

Key ecommerce data

Jan 19, 2022

the day when Amazon will no longer accept Visa credit cards issued in the UK, citing high fees charged to process transactions, as Visa ups its fees now that the UK has left the EU. 

8% increase

in ecommerce revenue of Walmart during the 3 months from July to October, compared to the same period last year. Compared to the same period two years ago, ecommerce increased 87%. 

5.9% growth

the forecasted ecommerce revenue during the Thanksgiving period ending on Cyber Monday, which is a slowdown from 2020’s growth rate of 20.6%. eCommerce will account for 26% of total retail sales during the 5-day period. 

29% growth

in ecommerce sales of Target during the third quarter, after growing 155% during the same quarter last year, and admits that supply chain woes will continue into 2022. 

$50 billion

the expected value of social media ecommerce in the US by 2023, up from $36 billion this year, as more and more businesses are moving into livestream ecommerce and investing in its capabilities. 

Top 5 shopping apps

include (1) SHEIN at top, followed by (2) Amazon, (3) Walmart, (4) AliExpress, and lastly (5) Nike. 

$10 billion

the forecasted ecommerce sales of Macy’s by 2023 as it plans to launch a marketplace for third-party sellers, following the trend of Amazon, Walmart, Target, and other retailers. 

5,000% growth

of the gift-giving mobile app Goody during the second and third quarter, with its B2B gift-giving app Goody+ having 1,000 companies using its service to spread joy and products. 

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