Online retail delivery volumes were up 12.7 per cent year-on-year in March (12 per cent on February) according to the IMRG MetaPack UK Delivery Index, as the first quarter (Q1) of the year was completed in line with a growth forecast of 12 per cent.
Amazon has reported a profit of $513 million (£351 million) in its first quarter, helped by a 28 per cent increase in sales.
Twitter forecast second-quarter revenue below analysts’ estimates. That’s despite adding 5 million monthly active users in the first quarter, for a total of 310 million against analyst projections of 308 million.
HotUKDeals (HUKD), the UK’s biggest social commerce platform at over 1 million users, is bringing real-time price comparisons and a buy button to its platform thanks to a new strategic partnership with price comparison site idealo.co.uk.
News that the multichannel retailer has collapsed just after BHS is a stark reminder of the difficulties in successfully navigating the ecommerce world.