holiday shopping
E-commerce & Marketplaces FMCG Retail

Holiday Shopping Hits $241.4 Bn Online, Up 8.7%: Adobe

Mobile Shopping and Generative AI redefine consumer behaviour, reveals report   The 2024 holiday season witnessed an unprecedented surge in online shopping, with consumers spending a record USD 241.4 billion between November 1 and December 31, 2024. According to Adobe’s latest report, the ecommerce boom represented an 8.7 per cent year-over-year (YoY) increase, with mobile […]

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Companies E-commerce & Marketplaces Finance News

Amazon Q3 Revenue Beats Expectations, Up 13% To $143.1 Bn

Amazon posted its third quarter revenue rose beating street estimates. The tech giant revenue increased by 13 per cent to USD 143.1 billion, which is USD 2 billion higher than analyst expectations of USD 141 billion, Reuters reported Amazon’s net income rose to USD 9.9 billion in the third quarter from USD 2.87 billion in […]

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