ecommerce

Economy & Business

BUSINESS

High costs and low sales hit Amazon

The Nomad Today/dpa 4/29/22

A net loss of $3.8 billion in the first-quarter, compared with a profit of $8.1 billion during the same period a year ago, was largely driven by its investment in electric carmaker Rivian

Economy & Business

ICT

E-commerce sales and number of online buyers growing rapidly in Spain

The Nomad Today 11/16/21

Almost 19.5 million people or 55.2% of the population aged 16 to 74 have made purchases online in the last three months of this year 2021.

Economy & Business

E-COMMERCE

Amazon deleted more than 200 million fake reviews

The Nomad Today/dpa 7/25/21

Some companies sell false or fictitious product reviews

Finland

E-COMMERCE

Tax exemption for small imported online purchases to be removed

The Nomad Today 5/6/21

VAT will also be paid on shipments valued at 22 euros or less that are ordered from outside the European Union.

Finland

E-COMMERCE

Pandemic sees online retail boom

The Nomad Today/dpa 5/3/21

Global e-commerce increased by 4% for sales of 26.7 trillion dollars, more than the gross domestic product of the United States.

Economy & Business

Online retailer Amazon prepares launch in Sweden

The Nomad Today 8/5/20

The retailer has been one of the big winners during the coronavirus pandemic.

Economy & Business

E-COMMERCE

Ex-eBay staff accused of sending live cockroaches to harass couple

The Nomad Today 6/16/20

The scheme included sending grotesque home deliveries, including a bloody pig Halloween mask, a funeral wreath and a box of live cockroaches.

Finland

Posti starts charging for delivering online purchases from outside EU

The Nomad Today 1/30/20

This new handling and storage fee will be applied to any shipment of more than 22 euros which comes from outside the EU fiscal territory.

Finland

Finland, fourth EU country with more people afraid to shop online

The Nomad Today 1/28/20

The percentage of people who do not use e-commerce for security-related fears in Finland is vastly higher than in other Nordic countries.