Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale". It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.

(source: en.wikipedia.org)

Social Commerce
Alibaba Debuts NFT Art Metaverse for China’s Singles Day
November 03, 2021

Alibaba has rolled out what it’s calling a “metaverse” ahead of China’s Singles Day, according to RADII, a China youth culture publication founded by a former vice president of Alibaba. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
China eCommerce Retailers Cautiously Optimistic About Singles Day
November 02, 2021

China’s eCommerce leaders are turning a cautiously optimistic eye toward Singles Day on Nov. 11, touted as the biggest shopping day in the world, despite the specter of slowing economic growth and increasing scrutiny by Chinese regulators about their operations, CNBC reported Tuesday (Nov. 2)....

eCommerce
89% of Mid-Sized Merchants Offer Guarantees and Refunds, Matching Larger Rivals Online
November 01, 2021

Increasingly, in the midst of the pandemic and looking beyond COVID-19, consumers are interacting more than ever before across a string of digital touchpoints in any aspect of financial life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Shopping
PayPal to Enroll Shoppers in Weekly $10K Drawing
November 01, 2021

Digital payments company PayPal is offering customers who pay or donate through PayPal the random opportunity to win $10,000 every week, in addition to thousands of other prizes, according to a Monday (Nov. 1) press release from the company. The cash and prize sweepstakes are...

Shopping
BNPL Firm Zip Nets 130% in Sales Gains as Holiday Shopping Starts
October 28, 2021

A month ahead of Black Friday and the official start of the holiday season, buy now, pay later (BNPL) firm Zip saw a 130% year-over-year surge in sales and a 16% month-over-month boost as close to 250,000 shoppers shopped with the Zip app during the...

Shopping
NEW DATA: Nearly 90% of US Consumers Plan Online Holiday Purchases in 2021 — 13%...
October 28, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

eCommerce
VTEX Teams With Stripe to Offer Digital Payment Options for eCommerce Retailers
October 27, 2021

Online software-as-a-service (SaaS) commerce platform VTEX has joined forces with online payments infrastructure company Stripe to offer online payment processing capabilities through Stripe, according to a Wednesday (Oct. 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Social Commerce
Social Media Giants Keep Focus on Commerce Ahead of Holidays
October 27, 2021

Advertising issues associated with Apple iOS 14 privacy changes have made a lot of headlines as Facebook, Twitter and Snapchat have reported their earnings, but most of the companies remain focused on what they believe will drive future growth: shopping on their platforms. Get the...

eCommerce
Amazon, Shopify Merchants Incubate a New Breed of Omnichannel Brands
October 27, 2021

As business models reformulate in double-quick time, eCommerce is having evolutionary effects on the creation and discoverability of consumer goods, from the “push” mentality and limited SKUs of the not-too-distant past to the unlimited assortments found on eCommerce sites. Get the Full Story Complete the...