Deloitte's 33rd annual Holiday Survey has found that 57 percent of total holiday spend is expected to be online, compared to 36 percent in stores. This marks a 10 percent drop for stores in the last four years.
Ebay has filed a lawsuit accusing Amazon of engaging "in a systematic, coordinated effort to infiltrate and exploit Ebay’s proprietary M2M system" to poach top third-party sellers for the rival company.
Amazon on Wednesday said it is opening a store in New York City that will sell products ranging from card games to skillets that are highly rated on its website, in the company's latest push into brick-and-mortar retail.
Paytm Mall, the e-commerce venture backed by China's Alibaba Group , is looking to deepen ties with regional retailers as well as partner with top online grocer BigBasket to compete with Flipkart and Amazon.