42% of Candian people asked have reduced their use of cash, whilst the rate was 22% in the U.S. The survey done by marketing consultants McKinsey also found that the rate of people using online payments has increased rapidly, with 23% saying that after...
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The worlds largest retailer will spend the money over the next 5 years as it aims to strengthen its ecommerce business The company has seen a massive surge in demand for its online services. Due to the pandemic, many shoppers are still extremely cautious...
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Sobeys parent company, Empire Company Ltd, will invest the money to grow its ecommerce business as it looks to drive up C$500 million in earnings The company plan, dubbed 'Project Horizon', was set to be announced in May, but was put on hold and...
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A report by Statistics Canada found sales hit a record C$3.9 million in May as shoppers move to online as measures to combat Covid-19 were placed into effect This is a 99.3% rise from February of this year. Ecommerce sales have more then doubled...
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The company has announced the figure amidst a change in customer shopping habits during Covid-19 lockdown. Unilever has said its performance shows the companies "strength and agility" The turnover of the company for the first 6 months of 2020 stands at €25.7 million (C$42.4...
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The two companies have agreed to a partnership as they look to research, develop and scale new business models and technologies Mastercard Labs, the companies research and tech division has said it will allow them to accelerate its cloud-native researchwith the aim of "de-risking...
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Facebook has announced that Apple Inc. has agreed a request to businesses a temporary reprieve from paying 30% commission on paid online events. The agreement, which runs until the end of this year, will allow Facebook to use it's own payment systemApple has come under...
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56% of those asked said that the effects of Covid-19 was what moved them to explore new ways of operating and trading as a company. The survey, which was conducted by Microsoft Canada, asked 670 business leaders from across the country, with company sizes...
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Intuit Canada, a leading global financial platform company, has joined with Digital Main Street to help 50,000 small Canadian businesses move online and develop their ecommerce presence to help recover from the effects of Covid-19 "Now more than ever, digital transformation is key to small business...
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The data, collected by Statistics Canada, shows the large growth of ecommerce over the last 5 months For May, online sales came to C$3.8 billion in total, a 112% increase on online sales in May of last year. This figure does not include sales at online-only...
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