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Last year was the most successful year in Czech e-commerce history. For the first time ever, online retail sales accounted for over 10% of all the retail sales in the country. It comes as no surprise that the domestic market is becoming too small for online merchants in Czech Republic. There are 40,100 existing players in Czech Republic, which is the highest proportion per capita in all of Europe!

Why stand up and walk over to the computer, or even stand up to get the laptop for that matter. Our smartphones allow us to shop too! We can even shop cross-border without leaving our sofa or spot on the beach. More and more European consumers are taking advantages of mobile, cross-border commerce – and the deals that go along with it.

Amazon sales are increasing, showing a first quarter rise of 43% for 2018. The e-commerce behemoth also grew its profits by 125%. Starting May 11th, Amazon Prime will cost more in the US, going up to $119. The price hike will go into effect for existing members on June 16th.

JD.com is giving Alibaba a run for its money by saying it can offer faster delivery and better fraud protection than its larger competitor. This makes JD look more attractive to luxury brands from Europe, luring luxury buyers in China with same-day delivery and a safer and more secure shopping experience.

As more and more of our information is online, data protection has become a big issue. This issue has been no more hotly discussed than in Europe with Germany leading the way. With data breaches like Facebook’s Cambridge Analytica debacle showing us just how careless some companies can be with data, it is an ever-growing concern to regulate this largely unregulated global data trail. The General Data Protection Regulation wants to tighten up digital security in Europe.

Mark Zuckerberg has testified before the joint Senate judiciary and commerce committee last week, using his Internet-savvy business acumen and pain-staking preparation to thwart the politicians and their not-so-well informed questions.

The subscription-based economic trend has been changing the way some industries do business, with video, music, sport and food subscription services leading the way. In Europe, consumers spend round about 5% of their spendable income on subscriptions – that’s an average of €130 per month or €350 billion per year on these types of purchases.