Adobe

E-commerce consumers keep shopping, even as inflation drives up prices

Inflation has driven e-commerce revenue higher in the past year, with the first two months of 2022 particularly impacted, according to research from Adobe.

The firm said $3.8 billion of e-commerce sales growth in January and February of this year was due to higher prices. The U.S. Bureau of Labor Statistics’ Consumer Price Index said e-commerce sales fell 3.7% in February from January, which saw a 14.5% increase from December. Neither number was adjusted for inflation.

Adobe (NASDAQ: ADBE), which

https://www.freightwaves.com/news/e-commerce-consumers-keep-shopping-even-as-inflation-drives-up-prices

Could Walmart become the next tech giant?

Walmart now selling e-commerce technology to small and medium sized businesses

Plenty of large brands have hopped on the e-commerce bandwagon, building out their own proprietary technologies to further monetize their products. But why stop there — why not monetize e-commerce itself?

That’s precisely what Walmart is doing. The world’s largest retailer announced Wednesday that it will now begin offering subscriptions to its proprietary e-commerce “technologies and capabilities” to small and midsized businesses, teaming with Adobe (NASDAQ: ADBE) to integrate its Marketplace,...

https://www.freightwaves.com/news/could-walmart-become-the-next-tech-giant