ELECTRONIC COMMERCE – AUSTRALIA

Falling $A bolsters Bookworld’s fight against Amazon

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Original article by Sue Mitchell
The Australian Financial Review – Page: 19 : 10-Apr-15

IBISWorld estimates that sales of books online have risen by 26 per cent annually over the last five years, compared with a five per cent-plus annual decline in retail book sales over the same period. Bookworld has benefited from the Australian dollar’s 18 per cent fall against its US counterpart in the last eight months, as it has made the online bookseller’s prices more competitive against offshore rivals. Bookworld now boasts about 1.5 million registered customers

CORPORATES
BOOKWORLD, ANGUS AND ROBERTSON PTY LTD, BORDERS GROUP INCORPORATED, AMAZON.COM INCORPORATED, THE BOOK DEPOSITORY LIMITED, DYMOCKS BOOKSELLERS PTY LTD, IBISWORLD PTY LTD, REDGROUP RETAIL PTY LTD, PEARSON GROUP PLC, RANDOM HOUSE AUSTRALIA, SAP AG, BOOKTOPIA PTY LTD

Online shopping on the rise for most retail categories

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 19-Mar-15

A Roy Morgan Single Source survey has found that 7,630,000 Australians aged 14+ bought at least one product online in an average four weeks during the year to December 2014. This compares with 5,704,000 in 2011. The survey also shows that 1,586,000 Australians bought food and beverages online in 2014, compared with 568,000 in 2011. Likewise, some 2,016,000 Australians bought reading material in an average four weeks in 2014, up from 1,095,000 in 2011. All of the top 10 online retail categories have increased in popularity since 2011

CORPORATES
ROY MORGAN RESEARCH LIMITED

More Australians buying eBooks

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 2-Feb-15

A Roy Morgan Single Source survey has found that seven per cent of Australians aged 14+ bought at least one eBook online in an average three months during the year to September 2014. Some 9.1 per cent of Australians in the 35-49 age group bought an eBook in an average three months, compared with 8.7 per cent in the previous year. The proportion of Australians in the 18-24 age group who buy eBooks online has risen from 3.9 per cent to 5.1 per cent in the last year, while the number of eBook buyers aged 65+ has risen from 4.1 per cent to 5.4 per cent

CORPORATES
ROY MORGAN RESEARCH LIMITED

Coalition eyes cross-party deal on taxing low-cost imports

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Original article by David Uren
The Australian – Page: 3 : 5-Jan-15

The Australian Government’s tax white paper will push the case for the goods and services tax threshold for imported goods to be lowered. Assistant Treasurer Josh Frydenberg notes that in recent years there has been a sharp increase in the volume of goods bought online from overseas that are priced below the tax threshold of $A1,000. Tax reform will need the support of the states, but Western Australia in particular is proving to be recalcitrant on the issue

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, GROUP OF TWENTY (G-20), AUSTRALIA. COMMONWEALTH GRANTS COMMISSION, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

Shoes of Prey closes $6.5m Series A round with Khosla Ventures

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Original article by Caitlin Fitzsimmons
BRW – Page: online : 3-Dec-14

Australian online retailer Shoes of Prey has raised $US5.5 million ($A6.5 million) in new venture capital. Companies and individuals that participated in the funding initiative included Khosla Ventures, Blackbird Ventures, Bonobos CEO Andy Dunn, ThirdLove co-founders David Spector and Heidi Zak, Atlassian co-founder Mike Cannon-Brookes, and Bill Tai from Southern Cross Venture Partners. The new funds will be used to finance expansion in the US and to construct a new factory in China

CORPORATES
SHOES OF PREY PTY LTD, SOUTHERN CROSS VENTURE PARTNERS PTY LTD, ATLASSIAN SOFTWARE SYSTEMS PTY LTD, KHOSLA VENTURES, BLACKBIRD VENTURES PTY LTD, BONOBOS INCORPORATED, THIRDLOVE

Australia’s online shoppers more likely to buy local

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 26-Nov-14

A Roy Morgan Single Source survey has found that 38 per cent of Australians aged 14+ bought one or more products via the internet in an average four-week period in the year to September 2014. Some 64 per cent of these people used Australian websites, while 39 per cent shopped at overseas websites. Books and ebooks are the most popular items bought from overseas online retailers, while tickets to movies and other events are the items most frequently purchased from Australian sites

CORPORATES
ROY MORGAN RESEARCH LIMITED, AMAZON.COM INCORPORATED, THE BOOK DEPOSITORY LIMITED, AUSTRALIA POST

Insurance warning on Airbnb rental

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Original article by Mitchell Bingemann
The Australian – Page: 5 : 11-Nov-14

Online sharing services such as Airbnb for holiday homes and Uber for cars are becoming increasingly popular with Australian consumers. However, those considering agreements under which they provide their properties or vehicles have been warned by the Insurance Council of Australia to check with the provider of their policy. CEO Rob Whelan notes that their cover may not extend to public liability

CORPORATES
INSURANCE COUNCIL OF AUSTRALIA LIMITED, AIRBNB AUSTRALIA PTY LTD, AIRBNB INCORPORATED, UBER TECHNOLOGIES INCORPORATED, VICTORIA. TAXI SERVICES COMMISSION

The Iconic offers last-minute delivery

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Original article by Sue Mitchell
The Australian Financial Review – Page: 21 : 5-Nov-14

The Iconic has responded to consumer demand by delivering goods to customers on Saturdays. The online clothing retailer also hopes to increase sales by offering same-day delivery on weekdays until Christmas Eve. MD Adam Jacobs notes that the online retail sector is enjoying growth of 14-15 per cent, and he expects this growth to continue. He also expects The Iconic to become profitable much more quickly than most e-commerce businesses

CORPORATES
THEICONIC.COM.AU, INTERNET SERVICES AUSTRALIA 1 PTY LTD, AUSTRALIA POST, STAR TRACK EXPRESS PTY LTD, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

Deal is on! $$$ Save 78% on All-You-Can-Eat Yum Cha & Skydive Combo! Only 4 days left! Click to Buy Now!

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 21-Oct-14

A Roy Morgan Single Source survey has found that 18 per cent of Australians aged 14+ visited a Group Buying website in an average four-week period during the year to June 2014. Some 63 per cent visit just one such website, while 31 per cent use two or three Group Buying websites. The survey also shows that Group Buyers are more likely than the average Australian to use coupons and shopper dockets, and to feel comfortable providing their credit card details online

CORPORATES
ROY MORGAN RESEARCH LIMITED, GROUPON AUSTRALIA PTY LTD, CATCH-OF-THE-DAY.COM.AU, LIVINGSOCIAL, DEALSDIRECT.COM.AU PTY LTD, SCOOPON.COM.AU PTY LTD, CUDO PTY LTD, SPREETS PTY LTD, YAHOO!7 COMMUNICATIONS AUSTRALIA PTY LTD

Iconic rides $3b wave in e-retail

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Original article by Paul Smith
The Australian Financial Review – Page: 23 & 25 : 14-Oct-14

The Iconic’s website boasts about three million visitors each month, according to MD Adam Jacobs. He says there are no plans for the online clothing retailer to list on the Australian sharemarket at present, and the priority is to expand the company and make it the leading player in its sector. The Iconic raised $A25m from venture capital firms in January 2014, and it raised an additional $A28m in July

CORPORATES
THEICONIC.COM.AU, INTERNET SERVICES AUSTRALIA 1 PTY LTD, ROCKET INTERNET GMBH, ZALANDO LIMITED, FRANKFURT STOCK EXCHANGE, AUSTRALIA POST, NIKE INCORPORATED, ADIDAS-SALOMON AG, RIVER ISLAND CLOTHING COMPANY LIMITED, DOROTHY PERKINS, HUGO BOSS, CALVIN KLEIN INCORPORATED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, MYER HOLDINGS LIMITED – ASX MYR, DAVID JONES LIMITED, WOOLWORTHS HOLDINGS LIMITED