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India to become world's third-largest ecommerce market by 2030

CFO News

Invest India forecasts India's e-commerce to soar to $325 billion by 2030, fueled by 500 million shoppers and robust internet penetration. The country's digital transformation is driven by affordable data, smartphone usage, and a focus on rural e-commerce growth.

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Walmart’s Surprising Holiday Season Miss

PYMNTS

percent forecast. The holiday season … wasn’t as good as expected due to lower sales volume and some pressure related to associate scheduling,” Walmart CFO Brett Biggs said in a statement. For fiscal 2021, the retailer expects that growth to slow, with eCommerce growth clocking in closer to 30 percent. adjusted (versus $1.43

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Southeast Asia’s growth 2022-23 to outpace other markets

Future CFO

The digital consumer population in Southeast Asia is still growing steadily and is forecast to reach 370 million by end-2022, accounting for 82% of the total population of 15-year-olds and above. This figure is projected to rise further to 402 million by 2027, accounting for 88% by the end of the forecast period.

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Asia’s Alternative SMB Finance Lands Investment Boom

PYMNTS

The non-bank financial company said it will use the investment to expand its loan product portfolio across India and to invest in technology. Rathman added the funding will be used to focus on product development for enhanced bookkeeping and forecasting capabilities. B2B eCommerce. B2B payments. Supply Chain Management.

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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

PYMNTS

Walmart’s holiday season … wasn’t as good as expected, due to lower sales volume and some pressure related to associate scheduling,” CFO Brett Biggs said at the time. Areas where the company showed strength and invested the most energy to change offer clue as to how U.S. percent forecast and the 1.9 percent to $134.6

Retail 88
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Q3 Ad-Buying Rebound Bodes Well For Holiday Sales

PYMNTS

Pinterest CFO and Head of Business Operations Todd Morgenfeld “credited the surge in part to factors like a rebound in advertiser demand, positive return on investment (ROI) from advertising products and expansion to other parts of the world.” Marketing on sites such as Rakuten and TikTok is forecasted to rise 18.3

Sales 70
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Walmart Hits With Grocery, Misses Online

PYMNTS

After three consecutive quarters of eCommerce growth that was north of 50 percent, Walmart’s digital sales grew less than half of that last quarter – and investors were less than thrilled. Looking ahead, we expect eCommerce growth to increase from the fourth-quarter level as we enter the new year,” McMillon noted. percent to 2 percent.