Giant eBay announced the launch of its first collection of non-fungible tokens (NFT) based on National Hockey League (NHL) legend Wayne Gretsky.

This collection shows the player in an animated version, inspired by the covers of Sports Illustrated magazine.

They are available in four different levels of rarity: green at 299 issues, gold at 199, platinum at 99, and diamond at 15.

Although its sale was recently announced, the diamond, platinum and gold versions are already completely sold out.

According to eBay’s announcement, the collection has been developed in collaboration with the environment-focused NFT platform OneOf, which supports multiple “energy-efficient blockchains” to offer sustainable NFT collections.

K. Tovar

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Source: Cointelegraph

La entrada eBay debuts its first NFT collection apareció primero en Bitfinance.

A study carried out by Euromonitor International determined that Peru ranks as one of the Latin American countries with the greatest potential in terms of the future of eCommerce and online retail.

The panorama of eCommerce development in the region is dominated by Peru with 87 % growth. It is closely followed by Brazil with 61 % and Colombia and Mexico with 53 % and 50 % respectively.

A large part of these expectations is due to the growth of electronic commerce that took place during the pandemic, which was simply a channel of impulse for a current where the digital market was already developing.

Although the Peruvian market already has a solid position in the field of electronic commerce, it is expected to maintain its growth in the future, forecasting an increase of 11 0% by 2025. Thus, it is estimated that eCommerce will expand its participation in the market of the retail by 10 % to 20 %, during this same period.

It is important to highlight that at least 60 % of the country’s population has an Internet connection from different types of devices, this number represents some 19.9 billion users.

Despite this, mobile connections have lost usage, down 5 % from the previous year, according to statistics provided by We Are Social.

K. Tovar

Source: Marketing4ecommerce

La entrada Peru leads the list of eCommerce developing countries apareció primero en Bitfinance.

The e-commerce giant Amazon obtained a net profit of 33,364 million dollars in 2021, which represents an increase of 56.4 % compared to the profits recorded a year earlier, according to the multinational.

Amazon’s net sales for the year amounted $469.822 million, 21.7 % higher than the previous year’s revenue, including a 12 % growth in product sales to $241.787 million, while the business of services invoiced 228,035 million dollars, 34 % more.

On its side, the turnover of Amazon Web Services (AWS) experienced a year-on-year increase of 37 %, to 62,202 million dollars.

Between October and December 2021, the company owned by Jeff Bezos recorded a net profit of 14,323 million dollars, which represents an increase of 98.3 % compared to the same period in 2020, while the multinational’s sales increased by 9.4 %, up to 137,412 million dollars.

“As expected during the holidays, we saw higher costs driven by labor shortages and inflationary pressures, and these issues persisted through the first quarter due to omicron”, said Andy Jassy, ​​Amazon CEO.

K. Tovar

Source: Expansion

La entrada Amazon generated $33 billion in 2021 apareció primero en Bitfinance.

The fine issued by the European Union against Amazon for breach of the RGPD amounts to 746 million euros, becoming the highest registered to date for this type of infraction.

The sanction is the product of a collective legal management carried out by the Quadrature du net in 2018, when the French movement for privacy rights denounced the electronic commerce giant for irregular conduct in the handling of advertising. The Quadrature asserted that the US company directs advertising towards its users even though they have not given their full consent to do so.

It took three years for the corresponding bodies to manage and to study the complaint. When it seemed that it would be dismissed, the CNPD – the data protection authority of Luxembourg and the country where Amazon maintains its headquarters for Europe – issued a ruling in favor of the Quadrature.

With this ruling, the body in charge of supervising the activity of the company in the EU not only imposed the fine; it also demanded a review of the company’s advertising practices.

The decision has generated great commotion due to the amount that the fine represents, which exceeds by more than 600 million euros the one imposed on Google last year by about 99 million euros and was considered the highest one.

For Amazon, this sentence is very worrying and counterproductive, not only because of the exorbitant amount. It is also alarmed by the investigation process on the review of the company’s practices and behaviors, for which it plans to appeal the fine, arguing that there is no data breach or breach.

This was indicated by company representatives through a statement: “There has been no data breach, and no customer data has been exposed to any third party. These facts are indisputable. We totally disagree with the CNPD ruling, and we intend to appeal. The decision regarding how we show customers relevant advertising is based on subjective and unproven interpretations of European privacy law, and the proposed fine is totally disproportionate even with that interpretation.”

M. Rodríguez

Source: marketing4ecommerce.net

La entrada Amazon faces the highest fine ever issued by the European Union apareció primero en Bitfinance.