In 2020, Asia Pacific held around 24% of the E-Commerce Automotive Aftermarket share. The development of e-stores offering various brands through e-commerce portals will drive industry growth. Conventional sellers are selling replacement parts through online sales to compete with pure e-retailers. The OEM are actively developing digitalization approach to offer buyer catalogs, journals guides, and updates on marketing initiatives, and comprehensive product-related information on their website.
The key market players in the e-commerce automotive aftermarket are focusing on collaborations or partnerships with automotive part manufacturers to improve direct sales of the product. For instance, in December 2017, Advance Auto Parts announced a strategic partnership with Interstate Batteries, an established automotive battery manufacturer, to cater to the rising demand for automotive aftermarket with expanded availability, enhanced customer service, and premium quality products.
SoftBank-owned UK chip design firm ARM Holdings to develop AI accelerator chips for data centres…
Swiss Re has highlighted the increasing importance of advanced analytics and artificial intelligence (AI) in…
The new version of the ChatGPT AI chatbot has been unveiled and offers near-instant results…
The U.K.’s fastest and most powerful supercomputer has come online to power AI training and…
Amazon's 1.2 billion euros investment in France to create 3,000 jobs, enhance cloud infrastructure for…
Coming off an upturn in 2023 business, ecommerce technology company BigCommerce is eyeing more growth…
View Comments
I enjoy what you guys are up too. Such clever work and exposure! Keep up the awesome works guys I've incorporated you guys to our blogroll.