Bricks-and-mortar retail may not be dead just yet – online shopping giant Amazon’s £10.7bn purchase of grocery store Whole Foods last week proved that – but new research shows that consumer spending is rapidly shifting from the high-street to the internet. The value of online card payments worldwide grew by 26 per cent during 2015 to reach $2.7 trillion (£2.13 trillion), representing 12 Read More →

China, Japan, South Korea, India, and Australia are tipped to fuel e-commerce growth in Asia Pacific in the next five years. According research and advisory firm Forrester, total online retail revenues will nearly double from $733 billion in 2015 to $1.4 trillion in 2020. For perspective, $1.4 trillion is about the same amount spent online Read More →