Ecommerce news canada
Here are some recent ecommerce news from Canada:
- Canada's ecommerce market to reach $43.6 billion by 2025: According to a report by ResearchAndMarkets.com, Canada's ecommerce market is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2020 to 2025, driven by increasing internet penetration, mobile shopping, and the rise of online marketplaces. (Source: Retail Council of Canada)
- Amazon expands same-day delivery in Toronto: Amazon has expanded its same-day delivery service to Toronto, allowing customers to receive their orders within hours of placing them. This is part of Amazon's efforts to increase its presence in the Canadian market. (Source: The Globe and Mail)
- Walmart Canada launches online grocery shopping in Ontario: Walmart Canada has launched online grocery shopping in Ontario, allowing customers to order groceries online and have them delivered or picked up in-store. This is part of Walmart's efforts to expand its ecommerce capabilities in Canada. (Source: Retail Council of Canada)
- Shopify acquires 6 River Systems: Shopify has acquired 6 River Systems, a US-based company that provides warehouse management and robotics solutions. This acquisition is expected to enhance Shopify's ecommerce capabilities and provide more efficient fulfillment options for its merchants. (Source: Shopify)
- Canada Post launches new ecommerce shipping service: Canada Post has launched a new ecommerce shipping service called "Ecommerce Shipping", which provides merchants with a range of shipping options and tracking features. This service is designed to make it easier for merchants to ship products to customers across Canada. (Source: Canada Post)
- The Bay launches online shopping platform: The Bay, a Canadian department store chain, has launched a new online shopping platform that allows customers to shop online and have products shipped to their homes or picked up in-store. This is part of The Bay's efforts to expand its ecommerce capabilities and compete with online retailers. (Source: The Globe and Mail)
- Ecommerce fraud on the rise in Canada: According to a report by CyberSource, ecommerce fraud is on the rise in Canada, with 44% of Canadian merchants reporting an increase in fraud attempts in the past year. This highlights the need for merchants to implement robust fraud prevention measures to protect their businesses. (Source: Retail Council of Canada)
- Canada's ecommerce market is dominated by Amazon: According to a report by Statista, Amazon is the leading ecommerce platform in Canada, with a market share of over 40%. This is followed by eBay, Walmart, and Shopify. (Source: Statista)
- Ecommerce sales growth slows in Canada: According to a report by the Retail Council of Canada, ecommerce sales growth in Canada slowed in 2020, with sales growth of 10.4% compared to 14.4% in 2019. This is due to a decline in consumer confidence and a shift towards more cautious spending habits. (Source: Retail Council of Canada)
- Canada's ecommerce market is expected to become more competitive: According to a report by Deloitte, Canada's ecommerce market is expected to become more competitive in the coming years, with new players entering the market and existing players expanding their offerings. This is expected to drive innovation and growth in the ecommerce sector. (Source: Deloitte)
These are just a few examples of recent ecommerce news from Canada. If you're interested in staying up-to-date with the latest ecommerce news and trends in Canada, I recommend following reputable sources such as the Retail Council of Canada, Shopify, and Canada Post.