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Largest German online retailers lose revenue

The growth of German online spending has come to an end. In the past calendar year, the combined revenue of the top thousand online retailers in Germany was lower than the previous year. There were revenue losses particularly high on the list. This is evident in ‘E-Commerce-Market Germany 2023’, a study by EHI and ecommerceDB. For the fifteenth year in a row, they have mapped out the top players in German e-commerce. Trend break There is a trend break because…


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Top 10 Countries with the Largest E-commerce Industry

The global e-commerce market has experienced exponential growth in recent years, revolutionizing the way people shop and do business. With advancements in technology and the widespread availability of internet access, online shopping has become increasingly popular worldwide.  Let’s explore the top 10 countries with the largest e-commerce industries, based on their online sales figures and market shares. The global E-commerce market The retail industry has witnessed a remarkable transformation with the rise of the global e-commerce market, which has grown…


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Apple heads for largest Q3 revenue drop since 2016 as iPhone sales

Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. The world’s most valuable firm will wrap up Big Tech earnings on Thursday, with a likely 1.6 per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since…


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