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The Dark Side Of India’s New eCommerce Rules

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And so, nationalism comes full force to eCommerce, focused on the United States and India, offering another drama, another stage, another possible battle over trade. As has happened so far, India’s government said late last year that new eCommerce regulations would become the law of the land – at the end of this week, on Feb.

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Chatbots: Friend Or Foe Of Retail?

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From the research, it was shared that, “Both trade and automation related to economic growth are hallmarks of a vibrant economy. Brookings Institution argued that the automation of these mundane tasks would free up workers to concentrate on the more innovative tasks.

Retail 71
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Teen Spending Hits Record Low, But Savvy Merchants Can Still Make Sales

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When asked in March about what their biggest COVID-19 concerns were, millennials and bridge millennials (a slightly older demographic than Gen Z) cited economic concerns, while Gen Z’s fears were more social in nature. And eCommerce is a powerful draw, with 90 percent of teens reporting they’ve shopped online during the fall season.

Sales 53
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Afterpay US CEO On The Changing Face Of Luxury In A Post-Pandemic World

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What we’re seeing is the retailers that have invested materially and brought a concentrated effort to their digital presence have had the ability to shift online materially [more quickly] and pick up a share of wallet that is actually increasing given that spend in hospitality and travel has nearly disappeared.”.

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Might Millennials’ Dissatisfaction Hint At Housing Downturn To Come?

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Remember that a big chunk of buying power is concentrated in this generation’s collective wallet, and that if older generations start to unload housing, those homes would presumably stay on the market unless younger buyers — you know, the ones with new jobs and new families — come in to snap them up.

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Mastercard’s Playbook On Fighting Online Fraud’s Big Surge

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In some cases, hit hard by the economic devastation of the pandemic, they may not have enough money in the proverbial till to issue a refund. Issuers may be eying the coming chargeback and dispute storm, but right now, said Quevedo, they’re concentrating on prioritizing claims processing. The Issuer Side Of The Equation.

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Consumer Habits Tracked By JD.com, Alibaba

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In China, however, the two big ones — JD.com and Alibaba — have found ways to gain focused insight into shoppers’ spending habits, which in turn help retailers make eCommerce decisions. The two eCommerce giants track sales across China that can spill to over $17 billion in just one day.