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14% Growth in UK Online Sales

Section: News
The IMRG’s (Interactive Media in Retail Group) most recent figures reveal that UK online sales have shown an annual growth of 14% as of July. This is welcome news coming after a disappointing end to the half year, which resulted in a 5% decrease between May and June. It is estimated that £8.1 billion was spent online, displaying a significant increase on the same period last year at £7.1 billion.   read more

Digital Sales Surpass £1bn in 2012

Section: News
The digital sales market surpassed one billion pounds in the UK last year for the first time and is expected to grow further this year as physical sales of film, music and games will continue to fall, according to analysts. The Entertainment Retailer’s Association (ERA), th ...   read more

eBay and PayPal Split

Section: News
Online trading site eBay is to split from the payments company PayPal, which will now form into its own, publicly traded company. The move is set to be completed in the second half of 2015, with both companies taking on new CEOs as part of the agreement – Devin Wenig, currently eBay Marketplaces President will take over at eBay, and Dan Schulman the PayPal President taking over at PayPal. It is a split that many have pre ...   read more

Ofcom Reveals UK Online Shoppers are World Leaders

Section: News
Consumers in the UK are ahead of the rest of the world when it comes to online shopping, an Ofcom survey has revealed. This has been driven in part by the smartphone and tablet explosion which sees consumers shopping wherever they are. The report also showed that the UK is embracing connected TV devices with the latest technology, ahead of Japan and the US and are at the forefront of using such new technology such as smart TVs and DVRs. Catch-up TV services are also the most p ...   read more

Oracle Acquires Eloqua

Section: News
Oracle Corp announced yesterday that it has bought cloud-based marketing automation company Eloqua, for $871m. Oracle reportedly paid $23.50 per share to acquire the company, representing a 31% increase in Eloqua’s share price at closing on Wednesday. The deal is expected to be finalised in the first half of next year "pending regulatory and shareholder approval”. The idea is for Oracle to be able to provide a "Customer Experience Cloud” so that marketers can provide a better ...   read more