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Study: Everybody loves e-commerce
It seems safe to say the novelty of shopping online has worn off.
According to a new study examining the online shopping and purchase habits of the U.S. population from e-commerce platform BigCommerce, 96% of Americans are shopping online. E-commerce customers spend an average of five hours per week making online purchases and allocate an average of 36% of their shopping budgets to e-commerce.
Respondents ranked online shopping ahead of smartphone GPS and streaming media as a basic essential they could not live without.
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Facebook soars in Q1; ad revenue up 57%
The world’s largest social media network showed its chops in the first quarter, reporting impressive increases in revenue, earnings and users that shattered analysts’ expectations.
Facebook reported $2.2 billion in profit for the quarter, ended March 31, up from $1.8 billion in the year-ago period. Revenue totaled $5.38 billion, up 52% over the year ago period.

