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Daily Archives: December 8, 2020

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Survey finds 56% of Canadian businesses saw the pandemic as the ‘catalyst’ to move into digital and ecommerce

BlogBy TeamLMDecember 8, 2020

  56% of those asked said that the effects of Covid-19 was what moved them to explore new ways of operating and trading as a company. The survey, which was conducted by Microsoft Canada, asked 670 business leaders from across the country, with company sizes ranging from small businesses to large enterprises. The aim was…

Canadian Ecommerce Sale

PayPal to invest heavily as it rides the wave of ecommerce boom

Blog, Ecommerce, Online Sale, Online Sales, Online shoppingBy TeamLMDecember 8, 2020

PayPal has announced it is to invest an additional US$300 million in new products and improvements as it seeks to capitalize on the massive growth of ecommerce The new investments, announced by PayPal CFO John Rainey after their second quarter results, follow a huge surge in new users. Following the impact of Covid-19 and the…

Shopping in Mall

Metro sees profits rise as ecommerce grocery sales quadruple

Blog, Ecommerce, Online Sale, Online shoppingBy TeamLMDecember 8, 2020

The Quebec based company have posted an increase of profits at 18.5% for its third quarter, with food sales expected to continue rising due to a resurgence in home cooking Online grocery sales have quadrupled for the quarter, in comparison to the same time frame last year, as Metro saw its total revenue for the…

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