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This Week in eCommerce Data: September 18th, 2020

This Week in eCommerce Data: September 18th, 2020

Welcome to the seventeenth Week in eCommerce Data, where Friday begins with a dose of ecommerce data. In this week’s roundup, we see the amount of extra ecommerce revenue stemming from the pandemic, the drop in Spotify’s shares, and the forecasted growth of holiday ecommerce. Plus more!

Weekly insight

As Covid-19 continues to take over 2020, we haven seen how most companies are preparing for a bigger holiday season. 2020 is expected to be the biggest season ever, and so the more your site is prepared for that, the better it will be for your company.

We are also seeing companies like Amazon and Walmart taking advantage of the opportunity to solidify their online presence in other areas — Amazon doing podcasts, Walmart innovating in digital services — that are betting on the growth of ecommerce in the years to come.

Key ecommerce data

25-35%

the forecasted growth of holiday ecommerce, a huge increase from last year’s figures, when ecommerce growth in 2019 hit 13.6%.

1.2%

the drop in the shares of Spotify after Amazon revealed plans to launch a podcast service to rival both Spotify and Apple.

$107 billion

 the amount of extra revenue that online retailers have added due to the pandemic.

127%

the extreme growth in Kroger’s online sales during the second quarter.

480 stores

 the number of stores that Whole Foods Market plans to offer grocery pickup by the end of September.

47% growth

of online pet retailer Chewy in the second quarter, amounting to $1.69 billion, as it has added more customers so far in 2020 than the whole of last year.

100 million users

the number of American TikTok users (along with their data) that Oracle will be handling, as the multinational tech corp spearheads a bid to buy the video-sharing platform.

48%

the amount of frequent online shoppers that are interested in Walmart’s new membership program, Walmart+, as it begins its launch.

This Week in eCommerce Data: September 18th, 2020

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