Month: September 2017

1.85 trillion USD is the forecasted turnover for global e-commerce in 2017 The global ecommerce market continues to flourish in 2017 with a growth rate of 17% and forecasted turnover of $1.85 trillion. Global online retail is increasing rapidly with a forecasted growth rate of 17% in 2017. Asia now ‘owns’ 50% of the global ecommerce market. This is one of the many interesting findings of the Global Ecommerce Report 2017. The report reveals ecommerce trends, facts and figures, and offers insights into each region of the global ecommerce industry.

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Elefant.ro opens a marketplace Elefant Online, the mother company of Elefant.ro, launched a local software company called Mammoth Software, whose mission will be to manage the future online marketplace, says ZF.ro. This move has been announced this spring by the company’s CEO, Dan Vidrașcu. The firm also provides the necessary development of the platforms elefant.ro and elefant.md. In the future marketplace, the suppliers will set the price, while the retailer will receive a commission for every transaction. According to data from the Official Journal, the retailer recently raised capital worth 44,800 lei, through a new stock infusion.

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Apple and Hollywood said to continue talks around early digital movie rentals Movie studios including Warner Bros. and Universal Pictures continue to hold talks with Apple and Comcast about plans to introduce premium digital rentals for new movies only a few weeks after their theatrical debut, Bloomberg reports. The plan to build an early rental offering whereby consumer could pay between $30 and $50 per movie to get access to current releases as few as two weeks after they premiere in theaters has been covered before: Back in late December, Bloomberg described the plan, noting that it’s part of the studios’ effort to shore up declines and stagnation in the home video and DVD sales market.

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