April 20, 2022

Global Ecommerce Weekly News: 20th April 2022

By Kayla de Oliveira & Clea Boyd-Eedle / Ecommerce Trends, Global Ecommerce, Amazon, eBay

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

Amazon to charge merchants a 5% fuel and inflation fee

  • From the 28th of April, ecommerce giant Amazon will be charging a 5% fuel and inflation fee to US sellers that use its ‘Fulfilment by Amazon’ service.

  • Businesses are attempting to find ways to mitigate the impact of rising fuel prices and inflation costs.

  • It is also thought that Amazon is struggling to meet current levels of demand and is facing a labour shortage.

Read more on Charged Retail

Amazon responsible for half of US total reported warehouse injuries

  • Despite committing to becoming ‘Earth’s Safest Place to Work’ and investing $300 million USD into worker safety, Amazon’s serious injury rates rose 15% last year.

  • Amazon has increasingly implemented robots and AI to meet rising productivity expectations, which has been thought to be the cause of higher levels of risk to staff in warehouses.

  • Amazon has released a statement stating that these rising injury levels were in line with industry trends, and largely attributed to hiring and training new workers.

Read more on Charged Retail

Ebay launches “Business Roadshow” with $1m USD investment programme

  • In light of rising living costs, eBay is launching their first ever physical roadshow, which will support small online businesses with starting or scaling up.

  • The company has partnered with Small Businesses Britain and British Chambers of Commerce to execute the one year support programme, offering networking, skills and training on selling strategies.

Read more on Charged Retail

Flipkart’s fashion platform, Myntra, receives an injection of $116M USD

  • Flipkart has invested a further $116 million USD into its fashion platform, Myntra, following increasing pressure from competitors Ajio and Nyakka.

  • The investment will be used to further Myntra’s beauty and personal care offerings and help the platform expand its efforts.

  • Myntra will also be utilising live and social commerce to attract more Gen Z shoppers to the platform.

Read more on Business of Fashion

Tata has launched an ecommerce app offering a multitude of products and services

  • Tata Group, India’s largest conglomerate, has launched an ecommerce ‘Super-app’, attempting to enter the ecommerce market, currently dominated by Flipkart and Amazon.

  • Tata launched ecommerce site CliQ in 2016 but were not a strong enough player in the industry at the time.

  • The company has partnered with a variety of brands to offer everything from apparel, to air tickets, electronics, hotel bookings, and an online pharmacy on the app.

Read more on Internet Retailing

Fashion ecommerce firm Zilingo suspends CEO following financial probe

  • Singapore-based B2B fashion ecommerce player Zilingo has suspended its CEO and Founder, Ankiti Bose, following concerns over the company’s accounting practices.

  • Zilingo has been preparing a capital-raising plan, aiming to increase the company’s value to more than $1 billion USD if successful, that has drawn scrutiny to the lack of financial statements filed by the firm.

Read more on Internet Retailing

Australian online spending has nearly doubled since pre-covid era

  • A recent report has found that online purchases in Australia have almost doubled compared to pre-pandemic levels, with $62.3 billion AUD being spent on goods online last year.

  • 80% of Australian households shopped online in 2021, covering a broad range of product categories, with the top categories including athleisure, baby products, pet products and footwear.

Read more on Internet Retailing

More Resources
Germany Shopper Report 2022
Tmall Global Benchmarking Report 2022
Australian Ecommerce Benchmark Report March 2022
UK Shopper Report 2022