Amazon satellites will provide high-speed internet anywhere on earth.
The eCommerce weekly top 3
Here we share our top three ecommerce news items of the week.
Amazon set to disrupt another market by launching more than 3000 satellites to provide high-speed internet all over the planet. This has enormous potential to boost Amazon’s customer base by granting access to areas of the world that previously had none.
The changing behaviour of shoppers sees an increase in shopping online compared to in-store. The rate of store closures rises as the footfall on the high street continues to decline.
Bitcoin and other cryptocurrencies are being embraced by retailers and consumers. Their application, powered by blockchain technology, is expanding and could be transformational for both retailers and consumers.