Join us at The Global Ecommerce Acceleration Summit
March 1, 2022

Global Ecommerce Weekly News: 1st March

By Clea Boyd-Eedle / Amazon, Global Ecommerce, Ecommerce Trends

Get up to date with this week's ecommerce headlines from around the globe.

Pattern finds 93% of UK online shoppers bought from Amazon in 2021

  • Pattern’s recently released UK Shopper Report 2022 polled UK online shoppers to reveal key findings in consumer behaviour on Amazon.

  • The research found that 93% of online shoppers in the UK bought from Amazon in 2021, maintaining penetration from 2020.

  • Interestingly, 67% of UK online shoppers stated they bought gifts on Amazon.

  • Amazon UK sales are expected to continue to rise, with 25.3% of customers expecting to spend more on the platform in 2022.

Read more on Pattern

Amazon files lawsuit against two fake review companies

  • Amazon has filed a lawsuit against AppSally and Rebatest, accusing the two companies of facilitating fake reviews on the platform.

  • Amazon claims that the companies connect sellers with consumers who will leave false positive reviews in return for product discounts or payment.

  • AppSally and Rebatest are thought to have more than 900,000 users willing to leave false positive reviews on Amazon’s platform.

Read more on Charged Retail

Alibaba’s revenue growth slows following public listing

  • Chinese e-commerce giant Alibaba has recorded its slowest quarterly revenue growth since listing publicly in 2014.

  • The group’s revenue grew 10% in Q4 2021, the first time the company has recorded growth below 20%.

  • Slowing Chinese economy growth and intense pressure from competitors are contributing factors to the loss of growth.

Read more on Internet Retailing

Farfetch’s revenues rise 35% from 2020 to 2021

  • Luxury fashion e-commerce platform Farfetch has released its financial figures for 2021, revealing a 35% YOY revenue increase to $2.3 billion USD. 2021 was the first year that the company had passed the $2 billion revenue mark.

  • Farfetch bet big on technology in 2020 and found great success in its partnership with Richemont and Alibaba, bringing Farfetch products onto Tmall in China.

Read more on Vogue Business

TikTok’s e-commerce business achieves $951 million USD GMV in 2021

  • Social media and video app TikTok has announced its e-commerce capabilities amassed $951 million USD in 2021.

  • The growth is thanks to a sharp rise in social commerce with young consumers increasingly connecting with brands and facilitating purchases on the platform.

Read more on TechNode

AusPost records increase in profit in December 2021 despite sharp letter volume decrease

  • Australia Post’s revenue grew by 10.4% to $4.8 billion AUD in December 2021, riding on the continued e-commerce boom.

  • At the end of 2021, an estimated 15 million Australians were still under COVID restrictions during the Omicron wave.

  • Revenue from letters continued to decline, down 1.2%.

Read more on Internet Retailing

More Resources
UK Shopper Report 2022
Tmall Global Benchmarking Report 2022
MENA Ecommerce Report 2022