Global

Charts: Global Cybersecurity Trends 2023

The World Economic Forum is a non-governmental lobbying organization for multinational businesses, best known for its annual meeting in Davos, Switzerland. The WEF’s “Global Cybersecurity Outlook 2023” report (PDF), in collaboration with Accenture, the consulting firm, highlights the top cyber issues and their impact on organizations worldwide. The report includes insights from late 2022 and early 2023 from five key sources: a survey of global organizational leaders, workshops with cybersecurity experts, interviews, and data from reports and research. The study…

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From Singapore to Seattle: How Amazon is helping small sellers go global

The e-commerce sector in Singapore is going from strength to strength, with the value of B2C sales set to nearly double from S$1.7 billion in 2022 to S$3.9 billion by 2027, according to a study by Access Partnership, which surveyed 300 micro and small-to-medium enterprises (MSMEs) in  Singapore. The opportunities for growth are even greater for those MSMEs that are looking beyond Singapore to more mature online retail markets, like the US.  That’s the message that US retail giant Ama…

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Global Sisters’ program for women with disabilities wins Google funding

E-commerce Google.org, the not-for-profit arm of Google, has provided US$500,000 (AU$736,579) grant support to Global Sisters a not-for-profit enabling women to start their own businesses and achieve financial independence. The grant will enable Global Sisters to roll out their three-year pilot program designed to help women with disabilities and their carers attain financial independence by providing flexible and sustainable jobs for 100 women with disabilities. A recent Australian Institute’s Health and Wellness report found that one in six Australians have a disability.…

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Charts: Global Unicorn Trends Mid-2023

To PitchBook, a unicorn is a venture-backed company with a current post-money valuation of $1 billion or above. PitchBook’s unicorn tracker includes all qualifying companies from 2016 onward. According to PitchBook, 606 new unicorns were formed in 2021 alone at a valuation of $1.5 trillion. – As of June 2023, North America has produced 883 unicorns since 2016, the highest of all regions, with a total valuation of $3 trillion. Asia ranks second with 529 unicorns, while Europe follows with 203.…

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How Bokksu Helps Family Businesses Get Global Distribution (2023)

Danny Taing saw an opportunity to help makers in Japan—many of whom were struggling with falling demand—by connecting them with the interest in Japanese food abroad. He founded Bokksu, an online retailer curating Japanese snack subscription boxes and selling à la carte Asian candies and treats.  “Global distribution is something that a lot of these family businesses are trying to strive for, but have a hard time doing on their own,” Danny says. Bokksu helps keep traditions alive. To make…

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One-third of global e-commerce spend will be cross-border by 2028

E-commerce Cross-border e-commerce is expected to exceed $3.3 trillion in 2028, according to a new study by Juniper Research. In the next five years, cross-border e-commerce transactions will grow by 107 per cent globally while domestic e-commerce trade will rise by 48 per cent. “With disposable income rising in developing markets, e-commerce merchants and marketplaces are pivoting towards them,” the research said. The research found that in countries dominated by social-media advertising, leading vendors were effectively marketing directly to consumers.…

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Go global with these top online ecommerce marketplaces.

Top global eCommerce marketplaces and websites to sell. Running short of time? Get PDF of the blog in your mail. Download Now! Play Now Ecommerce marketplaces have witnessed rapid growth and are becoming increasingly influential. As the saying goes, “Go where your customers are,” nowadays, customers are flocking to popular marketplaces like Amazon, eBay, Alibaba, Walmart, and Rakuten for their shopping needs. The previous year, global ecommerce sales reached a staggering $5.7 trillion worldwide. Experts predict that sales will continue…

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