Each week we gather the top three eCommerce news items of the week. Here’s what stood out for us this week!
Apple has hit a market capitalisation of $2 trillion for the first time in its history, despite the US enduring the worst recession since the great depression.
Apple’s shares hit $477.67 on the New York Stock Exchange yesterday, pushing its market capitalisation to $2 trillion just two years after it became the first company in history to top $1 trillion.Read the full article here.
Dixons Carphone has pledged to transition its entire commercial fleet to electric vehicles (EVs) by 2030 as part of the EV100 campaign.
The electronics retailer has signed up to The Climate Group’s EV100 initiative, which aims to encourage corporate firms to drive the adoption of EV vehicles, and already counts AstraZeneca, EDF group and E.ON as partners.
Dixons Carphone will also install EV charging points across its estate, while pledging to convert more than half of its medium duty vehicles to electric or alternative fuels. Read the full article here.
Alibaba has beaten analyst estimates and posted runway sales during its last quarter despite a growing global backlash against Chinese companies.
The ecommerce giant saw revenues jump 34 per cent to RMB153 billion (£16.4 billion) in the three months to the end of June.
This came well above analyst forecasts of RMB147.3 billion (£16.1 billion) as 28 million more active shoppers flocked to its various platforms following a cautious first quarter, topping 874 million in June.. Read the full article here.