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CloudCommerce Observes Favorable Holiday Results for E-commerce Industry
CloudCommerce Observes Favorable Holiday Results for E-commerce Industry.
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[{"type":"text","content":"\nCloudCommerce Observes Favorable Holiday Results for E-commerce Industry \n\nCloudCommerce Observes Favorable Holiday Results for E-commerce Industry\n\n\nSurge in Consumer Holiday Shopping and Continued Growth in Business to Business E-commerce Sector Exceed Industry Expectations \n\n\n SANTA BARBARA, CA--(Marketwired - January 05, 2016) - CloudCommerce, Inc. (OTCQB: CLWD), focused on building and maintaining powerful e-commerce stores for leading brands, today reviewed several industry reports showing a successful holiday season for the e-commerce industry.MasterCard (MA) reported that U.S. retail sales grew by a solid 7.9% this holiday season, fueled by strong online sales and demand for furniture and women's apparel. Online sales alone grew 20% in the holiday season this year.Amazon (AMZN) shipped to 185 different countries this holiday season, and announced that three million new members worldwide joined Prime during the third week of December alone. The company's Prime Now service, which promises two-hour deliveries, was reportedly taking online orders until 11:59 pm on Christmas Eve. Slice Intelligence said that Amazon accounted for 35.7% of all Black Friday Sales, with Best Buy (BBY) second at just 8.2% and Macy's (M) third at 3.4%.\n According to Slice Intelligence, which tracks receipt data from U.S. online shoppers, Wayfair (W), the Boston-based home goods e-tailer, saw the largest increase in Black Friday sales, year-over-year, of any online retailer. Wayfair's Black Friday sales were reported to be 315% higher than during Black Friday 2014, with a 130% increase in direct-retail sales.Around the globe, major growth can be seen emerging in the business-to-business (B2B) e-commerce sector. Inspired by the tremendous success of Alibaba (BABA), the Indian government is reportedly working to establish a massive international B2B e-commerce hub for importing and exporting. Several features of Alibaba's online portal are expected to be incorporated into this new project. Alibaba has made major moves to tap into the Indian B2B market, launching programs like SMILE to provide one-stop solution for all Indian SMEs (which include shipping, finance, mentorship and more), and by signing a memorandum of understanding with the Confederation of Indian Industry to facilitate greater economic cooperation among Indian and Chinese ven...