Amazon has captured the largest share of Q1 retail spending, securing 28% of incremental retail dollars, according to Morgan Stanley analysts. The company's gross merchandise value grew by 14% year-on-year, driven by innovations. This positions Amazon significantly ahead of its competitors in the retail sector.
Forrester: Global Online Retail Sales To Grow 8.9% Annually, Reaching $6.8 Trillion In 2028 https://t.co/1OEuHhcMcN https://t.co/2PEHlg6g5U
Retailers in North America reported ecommerce earnings results, with some significant online sales growth despite challenges. https://t.co/QP5vTHWZOv #ecommerce #earnings #onlineretail #retail
You've probably heard the term 𝒆𝒄𝒐𝒎𝒎𝒆𝒓𝒄𝒆 𝒎𝒆𝒓𝒄𝒉𝒂𝒏𝒕. In 2023, U.S. #ecommerce represented 22% of total retail sales. Global ecommerce sales were an estimated $5.7T U.S. dollars. Learn what it means to be an ecommerce merchant! 👇 https://t.co/OvlGZFQRJl