Also, until recently, China lacked a reliable and cheap method of shipping packages, so the e-commerce industry has invested in developing one.
Sovereign-wealth funds, pension plans, and private-equity players have been making enquiries about industrial real estate in China, attracted by the heady growth in the e-commerce industry, consultants and developers said.
It is a major competitor in the e-commerce industry as well, sharing the market with eBay and discount retailers like Best Buy and Wal-Mart for its electronic products, books and apparel.
Total volume of goods sold in dollars, known as gross merchandise volume or GMV (excluding vehicles), was up 14% for the U.S. in the June quarter, on par with the e-commerce industry.
Paul: I think there is tremendous opportunity in the e-commerce industry in China, but I do believe there will emerge only couple big platforms during the next 3 years, with the smaller ones being acquired or folding.
One answer: the entire e-commerce industry.
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Industry experts have said that Chinese consumer-data breaches online have increased as consumers have flocked to the Web, pumping the country's e-commerce industry with personal data, such as their shopping habits and phone and credit-card numbers, that can be sold or otherwise exploited.
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The Asean e-commerce treaty is a key element of the Asean summit in Singapore this week, and comes as Asean forms closer ties with the e-commerce industry through a memorandum of understanding with computer giant IBM to collaborate on technology developments in the region.
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"Rogue pharmacies are bad for our users, for legitimate online pharmacies and for the entire e-commerce industry so we are going to keep investing time and money to stop these kinds of harmful practices, " Google lawyer Michael Zwibelman wrote on the company blog at the time.
B2B e-commerce in their industry, it might as well be the big traders themselves, reckon the old-economy giants.
Once e-commerce was generally accepted, the industry spent the next several years discussing how to create a cross-channel or multi-channel retail experience.
And how could an e-commerce player make headway in the industry?
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My first web startup was an e-commerce website focused on the street wear industry, serving up everything from hip hop fashion, skate and surf wear to electronics and accessories.
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If Mr Blair wants new female faces in his cabinet, an obvious choice is Patricia Hewitt , the energetic 52-year-old minister responsible for small business and e-commerce at the Department of Trade and Industry.
It was an attractive e-commerce idea: Customers were affluent, the industry was fragmented and premium brands were still not available at supermarkets or discount chains.
He also spent on staffing, adding 275 new executives and 540 associates, for a total of 35, 500 employees globally to support the idea that what makes Foot Locker valuable in an industry increasingly dominated by e-commerce is hands-on service.
In the current environment, the e-commerce channel is driving Urban Outfitters and the overall apparel industry including holiday sales.
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Industry analysts spent hours debating how e-commerce would change the shopping experience.
Goldman prefers investing in the software and services subsectors of the information-technology industry, which will benefit from the proliferation of smartphones, tables, cloud computing and increased e-commerce activity.
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As such, we believe that the industry stands at the beginning of a multiyear e-commerce, marketing, sales, service, and call center replacement cycle.
Tze had worked at an online marketplace for the oil and gas industry and at a series of what he called "exhilarating disasters" in e-commerce.
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