Wu Haishan was at Princeton studying how schools of fish swim together when the crowd behavior of a much bigger group grabbed his attention: his 1.35 billion fellow Chinese. It was Lunar New Year back home in 2014, and Baidu, operator of the country's biggest search engine, had created an animation showing all the trips the Chinese had made during the holiday, which demographers say is the largest annual human migration anywhere. Wu, who'd seen the animation, soon joined Baidu as a data scientist in Beijing. With the company's vast amounts of user location information, he's come up with ingenious ways to measure economic activity.
After launching an e-commerce logistics network in mid-October, WCA Ltd. has seen more than 100 logistics companies apply for membership. Called WCA eCommerce, the network allows member companies to trade directly with each other, to build volumes and to strengthen business ties. After launching an e-commerce logistics network in mid-October, WCA Ltd. has seen more than 100 logistics companies apply for membership. Called WCA eCommerce, the network allows member companies to trade directly with each other, to build volumes and to strengthen business ties.
Ocado, an online-only grocer and retail solution provider, has developed a 4G-based protocol to communicate with the thousands of robots powering its new automated warehouses. These highly-automated warehouses will be offered as part of a managed service called the Ocado Smart Platform which enables international partners to build scalable, sustainable and profitable online retail businesses, the company says.
Parcel shipping volume will grow annually at 5 to 7 percent between now and 2018, for a total increase of 20 percent, with the biggest gains coming in cross-border shipping, according to a study from Pitney Bowes.
This year's Black Friday and Cyber Monday were bigger than ever. But the numbers could be concealing an underlying trend away from those key dates in the retail calendar.
Amazon may bring a very real threat to apparel brands banking on online sales this holiday season, according to a survey by e-commerce services provider Onestop Internet. Of the 57 percent of respondents saying they plan to purchase apparel online this holiday season, 64 percent said they intend to buy apparel from Amazon.
E-commerce has been the dominant force for change in the air cargo logistics business for the last several years, but online retailers, forwarders, carriers and integrators say they are still struggling with ways to keep up with the intense demand from international customers to deliver them the world instantly. This was the main theme of the plenary session, "Cross-border E-Commerce: Who Will Rule the Game?", at last week's Asian Logistics and Maritime Conference (ALMC) in Hong Kong.
Holiday shoppers eager to snag big discounts turned to the internet in record fashion this week, one tracking company said, driving online sales on Black Friday to a new high. Consumers spent $3.34bn shopping online on Friday, a 21.6 percent increase from the same day last year, according to Adobe, which tracks online retail transactions.
Macy's this month made its debut appearance within Alibaba's Singles' Day in China. Well, sort of. It participated via a virtual reality shopping tour app featuring Macy's New York City flagship, which bills itself as the world's largest department store.
The 2016 International Council of Shopping Centers (ICSC) Thanksgiving/Black Friday Shopping Report shows that three quarters of Americans spent the same or more this year than last year, and 44 percent of that spend was on gifts for other people. Americans shopping on Thanksgiving and/or Black Friday spent an average of $373, including approximately $100 on dining and entertainment in a shopping center.