Topic: E-commerce Growth
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Saudi E-Commerce Soars on AI and Digital Payments
Saudi Arabia's e-commerce market is projected to reach $708.7 billion by 2033, driven by a 15% compound annual growth rate and factors like AI integration and digital payment adoption. The country's young, tech-savvy population, with high internet and smartphone usage, is accelerating the shift t...
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Saudi Arabia's $708B E-Commerce Boom: AI, Youth & Digital Payments
Saudi Arabia's digital marketplace is projected to reach a $708.7 billion valuation by 2033, driven by high internet and smartphone penetration, AI adoption, and a shift to digital payments, supported by a young, tech-savvy population and Vision 2030 initiatives. Mobile commerce dominates online ...
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UAE & Saudi Arabia: E-commerce Spending Soars to New Heights
E-commerce in the UAE and Saudi Arabia is rapidly growing, with online transactions making up half of Visa's purchase volume in the UAE and rising steadily in Saudi Arabia. Cross-border shopping is significant, accounting for about one in six transactions, with travel agencies and fashion being k...
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Shopify AI search boosts traffic and sales, not Google
Shopify's Q2 earnings beat and 36% revenue growth to $3.6 billion were partially driven by AI-powered search, with AI-driven traffic and orders to merchant stores tripling year-over-year while traditional search still grew 1.3x over two years and holds a third of storefront sessions. AI search ou...
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Sri Lanka's Digital Economy Hits Rs. 1.3 Trillion, 4.5% of GDP
Sri Lanka's digital economy is valued at Rs. 1.3 trillion, accounting for 4.5% of GDP, driven by e-commerce and digital services reshaping consumer habits and global competitiveness. E-commerce leads this growth, contributing Rs. 735.2 billion to GDP, with projections of 10.8% annual growth and a...
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Shopify AI Traffic Soars 7x, Orders Jump 11x Since January
Shopify has seen a sevenfold increase in traffic and an elevenfold rise in purchases from AI tools since January, viewing AI as the most significant technological shift since the internet and a key empowerment tool for entrepreneurs. The company leverages its vast data from millions of merchants ...
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Cambodia's Online Marketplace: A SWOT Analysis of a Growing Digital Economy
In recent years, Cambodia has emerged as a noteworthy player in Southeast Asia's digital economy, with its e-commerce sector experiencing significant growth. This transformation is reshaping the country's retail landscape…
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AI, Digital Consumers & Trust: The Future of GCC Commerce
Gulf Cooperation Council businesses are entering a new era driven by digital-first consumers, AI, and modern infrastructure, with companies focusing on seamless customer experiences and trust poised to lead growth. Digital adoption is accelerating rapidly, with the UAE having the world's highest ...
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Two 21-Year-Olds Built an AI to Run Online Stores
Nurtilek Raimzhanov and Zuhayr Abdullazhanov, high school friends, launched their first e-commerce venture selling hand sanitizer during the pandemic, which grew into Siml, a platform now powering over 1,000 stores. Siml uses agentic commerce, with AI automating tasks like inventory management an...
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Whatnot buys Shaped to boost live shopping recommendations
Whatnot has acquired AI firm Shaped to enhance real-time recommendation and search systems, addressing the unique challenge of helping users find products in its fast-changing live commerce marketplace where inventory and buyer intent shift constantly. The acquisition brings Shaped's founder and ...
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MENA Spotlight: Digital Growth and Opportunities
The Middle East and North Africa (MENA) region, particularly Arab countries, is a dynamic hub for digital transformation. Meltwater’s Digital 2025 Report highlights key trends and opportunities for marketers and…
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eBay Acquires Depop From Etsy in $1.2 Billion Deal
eBay is acquiring the fashion resale app Depop from Etsy for $1.2 billion, a strategic move to attract a younger demographic and a reversal of Etsy's 2021 purchase. Depop is a major social commerce platform popular with younger users, reporting about $1 billion in 2025 sales and a community where...
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Uber adds $5 doorstep returns for online shopping
Uber has launched a $5 "Return a Package" service via its Uber Eats app, where a courier picks up eligible returns from home for a flat fee, currently partnering with nine retailers like Target and Best Buy. The service is strategically positioned to address the costly retail challenge of returns...
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FirstClub's Premium Strategy Defies India's Speed Obsession, Hits $120M Valuation
FirstClub has achieved a $120 million valuation by prioritizing quality over speed, securing $23 million in Series A funding led by Accel and RTP Global. The startup targets India's top 10% of households with curated, exclusive products and a personalized shopping experience, resulting in high av...
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GameStop offers $56B to buy eBay
GameStop has made an unsolicited $56 billion offer to acquire eBay, with CEO Ryan Cohen aiming to transform the marketplace into a major competitor to Amazon. eBay confirmed it will "carefully review" the proposal but noted it had no prior discussions with GameStop before receiving the bid. GameS...
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Cargo Thefts Turn Violent as Thieves Target AI Hardware
A former LA sheriff's detective reports two recent attacks on private escorts guarding AI hardware shipments from Silicon Valley to Southern California, where vehicles were deliberately disabled via hit-and-run and PIT maneuvers, resulting in millions in stolen equipment and missing drivers. The ...
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