Global News and Digital Insights
for the Consumer Goods Industry

March 2, 2022

Canada has become the world’s second e-commerce giant

ConsumerGeniuses March 2, 2022

Canada has become the world’s second e-commerce giant as Canadian online sales have crossed 10% of the total retail sales. The country has managed to double its development rate, hitting a $64.51 billion valuation. Argentina is leading the world’s e-commerce with a 100.6% growth rate, while Canadian e-commerce spurred by 75% during the pandemic. With 24.2 million digital buyers, Canada e-commerce’s share of total retail will expand to 13.4% this year and is expected to reach 17.2% by 2025. Read more from Canadiansinternet

Bell Canada and Google Cloud expanded their joint venture to boost the 5G network

ConsumerGeniuses March 2, 2022

Google Cloud and Bell Canada have extended their collaboration with Bell featuring Google Distributed Cloud Edge in its organization. The expansion aims to leverage Bell and Google Cloud’s strategies and capabilities to consolidate Bell’s 5G network leadership with Google Cloud’s proficiency in multi-cloud, AI, and data analytics. The joint venture would enable Bell to drive functional efficiencies and provide customer satisfaction. With Google Cloud’s digital expertise, Bell is targeting to scale up with efficient and innovative solutions to deploy core network functions such as 5G across multiple retail sectors. Read more from Itworldcanada

Canada has become the world’s second e-commerce giant

ConsumerGeniuses March 2, 2022

Canada has become the world’s second e-commerce giant as Canadian online sales have crossed 10% of the total retail sales. The country has managed to double its development rate, hitting a $64.51 billion valuation. Argentina is leading the world’s e-commerce with a 100.6% growth rate, while Canadian e-commerce spurred by 75% during the pandemic. With 24.2 million digital buyers, Canada e-commerce’s share of total retail will expand to 13.4% this year and is expected to reach 17.2% by 2025. Read more from Canadiansinternet

Bell Canada and Google Cloud expanded their joint venture to boost the 5G network

ConsumerGeniuses March 2, 2022

Google Cloud and Bell Canada have extended their collaboration with Bell featuring Google Distributed Cloud Edge in its organization. The expansion aims to leverage Bell and Google Cloud’s strategies and capabilities to consolidate Bell’s 5G network leadership with Google Cloud’s proficiency in multi-cloud, AI, and data analytics. The joint venture would enable Bell to drive functional efficiencies and provide customer satisfaction. With Google Cloud’s digital expertise, Bell is targeting to scale up with efficient and innovative solutions to deploy core network functions such as 5G across multiple retail sectors. Read more from Itworldcanada

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Consumer Goods industry will surpass $15T globally by 2025. However the old business model of mass distribution is about to become obsolete. Digital Transformation, Millennials and Gen Z effect, Direct to Consumer and Post-Covid World are going to reshape the winning formula for the new era CG industry. Our weekly newsletter covers global innovations and disruptions in CG industry.

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