A recent analysis showed that mobile shopping saw 30 percent growth in a handful of months. The Q2 2020 m-commerce growth rate in the UK jumped by 30 percent when compared to Q1, which were already 25 percent higher during the last quarter of 2019. Though users were already increasingly going mobile, the pandemic greatly accelerated the trend. An increase in m-commerce growth rate was recorded in wide swaths of the world as shoppers worldwide have already spent a massive 1.6 trillion hours on their devices this year. Moreover, this…
Read MoreTag: UK mobile commerce
UK mobile commerce expected to grow by leaps and bounds in 2019
British smartphone shoppers to spend £10 billion more in 2019 compared to 2018. A new report from uSwitch, a leading UK comparison and switching service, reveals that UK mobile commerce and tablet commerce is expected to break records this year. In 2019, it has been forecasted that £25 billion ($32.9 billion) will be spent by British mobile shoppers, which is £10 billion (over $13.1 billion) more compared to the country’s m-commerce figures in 2018. Thirty million Brits are expected to use their phones to shop this year. If uSwitch’s projections…
Read MoreMobile commerce transactions are highest in Japan
The second quarter figures for 2016 showed that the country had nearly 55 percent conversion rates. Criteo recently released its figures regarding mobile commerce transactions in Q2 2016. They revealed that the conversion rates for m-commerce were highest in Japan, the United Kingdom and South Korea. The performance marketing technology firm underscored that the top spot was held by Japan. These results were compiled after analyzing 1.7 billion transactions from both desktop and mobile sites. The analysis involved annual sales totals worth $720 billion. It involved the figures from more…
Read MoreArgos reaches $1 billion in mobile commerce revenue
Retailer has become the first to reach a major milestone in mobile commerce revenue Argos, one of the largest catalogue retailers in the United Kingdom, has become the first multi-channel retailer to generate more than $1 billion in mobile commerce revenue in a year. The retailer has seen impressive growth in the mobile commerce sector over the past three years. Early on, Argos began investing in the mobile space, hoping to take advantage of this growth and engage consumers more effectively. This has lead to the success that the company…
Read MoreTimeOut has plans for the mobile commerce space
TimeOut invests in Flypay in order to expand its mobile commerce interests TimeOut, a prominent media publisher, has found a new company that could become a “hyper local mobile commerce platform. The publisher has invested more than $7 million into Flypay, a mobile payments service that has become quite popular among consumers in London. The service operates as a pay-at-the-table platform that allows used to pay their bills at restaurants. Flypay suggests that it is able to allow users to pay their bills in less than one minute and is…
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