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Is This The End Times For Brick-And-Mortar Retail?

PYMNTS

Among the latest dim figures about brick and mortar (or, if you prefer, the latest bright news for eCommerce operators)? A longer-term retail outlook, this one from investment firm UBS , said that an estimated 75,000 brick-and-mortar stores are likely to shut down by 2026. Online Rising. According to Coresight Research , U.S.

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Are Private Labels The Key To Cracking The Profitability Indian eCommerce?

PYMNTS

In 2016, 95 percent of transactions in in India were done in cash and there were approximately 60 million online shoppers – representing about 14 percent of the internet using base of the nation, according to a late 2017 report by Morgan Stanley. Great Expectations And Big Buy-Ins. Flipkart reported a net loss of 87.71

Branding 101
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India Payment And Commerce Competition Heats Up

PYMNTS

Google said that Tez , its digital payment app designed for the Indian market, will be rebranded as Google Play, which already operates in 20 countries. Tez — or Google Play in India — also will reportedly gain capabilities for online and offline retail after already being able to handle bank-based, bill and utility payments.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

Chalk it up to “unviability of operations” in the wake of new regulatory guidelines, mandating upgrades that focus on the actual management of the physical cash at those machines. That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.

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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

Amazon is focused on globilizing its branded Marketplace, and will spend billions of dollars over the next decade to bring its model of low prices, vast selection, and fast delivery to the world. They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail.