Amazon UK annual sales reach £20.6 billion, eBay expands delivery services for German sellers

Amazon's UK sales surge 50% to £20.6bn in 2020

Recently, Amazon said that it is very proud of its contribution to the British economy . According to the financial data provided by Amazon, in 2020 , Amazon's total sales in the UK surged to 20.63 billion pounds, an increase of more than 50% compared with 13.73 billion pounds in 2019. At the same time, Amazon's tax payment in the UK also increased by more than two-thirds compared with 2019 , reaching 492 million pounds .

eBay expands delivery service for German sellers

Recently, eBay said it is expanding its logistics and fulfillment services for German sellers. Sellers can store their inventory in operating centers in Germany or the UK , and can deliver orders in 26 EU countries as well as the UK . According to eBay Germany’s announcement, the eBay-Sofortversand logistics service from FIEGE will be launched in Berlin and Dresden this year, and from autumn 2021, the service will also be available in other German cities.

UK book retailers are struggling to stock up for the holiday shopping season

Book retailers in the UK may face shortages during the holiday shopping season due to Brexit and the coronavirus pandemic. Publishers and retailers have warned that Christmas books may be delayed as a shortage of truck drivers has affected deliveries. Waterstones is one of the main booksellers facing stock shortages during Christmas. It said it has now increased its stock of books by a quarter and is preparing advance orders to try to ease the shortage pressure caused by the problem .

Data from the U.S. Bureau of Transportation Statistics showed that the unemployment rate in the transportation industry fell to 6.4% in August

The U.S. transportation sector unemployment rate fell sharply in August due to labor shortages and retailers hiring a large number of supply chain workers in response to the holiday shopping season . According to the U.S. Bureau of Transportation Statistics' analysis of the Bureau of Labor Statistics data, the unemployment rate in the U.S. transportation sector was 6.4% in August. This is a drop of more than 50% from the unemployment rate in August 2020, but it is still higher than the level in August 2019 before the new crown pandemic.

European low-price grocers are rapidly expanding in the U.S.

Following the aggressive expansion of Aldi and Lidl in the United States, other European discount grocery chains have also set their sights on the US market . A notable feature of these discount grocery stores is their wide variety of products . The demand for these discount grocery stores has been increasing in the United States . According to Forbes, Aldi has made significant progress in the US market and is expected to become the third most popular grocery chain in the United States by 2022.

PayPal acquires Japanese payment service provider Paidy

PayPal announced that it will acquire Japanese payment service provider Paidy for 300 billion yen or approximately $2.7 billion . Paidy's payment service allows Japanese shoppers to use installment payment services when shopping online. The acquisition will expand PayPal's capabilities, distribution and relevance in the domestic payment market in Japan . Japan is currently the third largest e-commerce market in the world , and this move will help PayPal's existing cross-border e-commerce business in the country.

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