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Online retail sales in the US increased by 7.8% to $11.06 billion in Q3, according to new data from the Department of Commerce’s Census Bureau. The total, which excludes travel purchases, has been surpassed just once, in the final quarter of 2001, and sales were up 34.3% year-on-year. E-commerce transactions in the three months to… Continue reading US E-Commerce Sales Top $11 Billion In Third Quarter

The UK e-commerce sector continues to buzz as the festive season approaches. New figures from the Interactive Media In Retail Group (IMRG) show that internet sales in October were up 21.5% on the previous month. In all, online orders totalled £860.5 million, representing year-on-year growth of 113.6%. This compares with an increase of just 7.1%… Continue reading Online Retailers Have A Red Hot October

The online travel industry seems to have overcome its post-September 11 traumas and third quarter figures from Nielsen//NetRatings show that ad impressions were up by 39% year on year. The travel sector now accounts for almost 16 million impressions, equivalent to 6% of all internet advertising. Agency booking services comprise no less than 70% of… Continue reading Travel Advertising Hits Home On The Web

Online banking is continuing to grow across Europe, with 18.6 million Europeans visiting a bank or building society website during October 2002, a rise of three million people in the last six months. This is according to the latest figures from Nielsen//NetRatings. The Nielsen report shows that Sweden is the largest market for online banking,… Continue reading Over 18m Europeans Bank Online, Sweden Leads The Way

BT has promised that steps will be taken to ensure that 90% of the UK population have access to broadband connections by the middle of 2005. At present, only 67% of UK citizens are able to receive broadband but BT sees the technology as crucial to its future and has pledged to improve the infrastructure… Continue reading UK Poised For High-Speed Take Off, Says BT Chief

Tony Blair has promised to invest more than a £1 billion of Government money in broadband technology in a bid to stimulate internet usage in the UK. Speaking at the E-Summit in London, the prime minister said that £6 billion would be spent on IT in the next three years partly to ensure that schools,… Continue reading Blair Reiterates Commitment To Broadband

The number of internet users worldwide is predicted to reach 655 million by the end of this year, according to the United Nations. This is equivalent to one-tenth of the global population and represents a 30% increase on last year’s total of 500 million. The E-Commerce and Development Report from the United Nations Conference on… Continue reading World Internet Population Continues To Rise

colspan=”5″>US Online Advertising Revenue Forecasts ($ billion) 

A new survey has revealed that 93% of US internet users have made a purchase online although privacy and security concerns mean that less than 40% are regular web shoppers. The study by market researchers at Ipsos-Reid showed that attitudes to e-commerce are changing with 64% of respondents claiming that they are now more likely… Continue reading Most Net Users Have Shopped Online, Says Survey

Broadband internet connections have reach a 28% penetration of online households in the US, according to a new report from Dataquest, a division of Gartner. This compares with just 12% in the UK (see Insight Analysis: Broadband Britain – A Progress Report). The Dataquest report covered a 28-month survey period, during which the rate of… Continue reading US Broadband Hits 28% Penetration, DSL Makes Inroad On Cable