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
TikTok Reaches 1B Monthly User Milestone
September 28, 2021

Social video platform TikTok recently passed the 1 billion monthly active user milestone, up 45 percent from the middle of last year, the Bytedance-owned company announced in a blog post, according to a Deadline report (Sept. 27). Get the Full Story Complete the form to...

eCommerce
Cart.com Teams With Clearco For eCommerce Capital Financing
September 28, 2021

End-to-end eCommerce services startup Cart.com is teaming up with eCommerce investment firm Clearco to enable digital retailers to gain easy access to capital financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Shopping
New Data Shows 88% of Consumers Still Go Offline to Pay for Big-Ticket Purchases
September 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
Worldline Launches WL Account-Based Payments for Online Businesses
September 27, 2021

European payment provider Worldline on Monday (Sept. 27) introduced WL Account-Based Payments, an open banking account-to-account (A2A) payment program that lets online businesses launch a custom-branded payment method. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
Payoneer CEO Says Amazon Created Its Own Competition By Teaching SMBs How to Sell Online
September 24, 2021

Looking across the eCommerce landscape, it’s easy to see how Amazon has influenced merchants — first by teaching them the benefits of being in a marketplace, and then by giving them the tools to promote themselves and compete for business. That crash course in commerce...

eCommerce
SoftBank Jumps Into Secondhand Market with Vestiaire Collective Investment
September 22, 2021

French online fashion platform Vestiaire Collective’s valuation hit $1.7 billion after a fundraising round that includes $209 million from SoftBank Group Corp.’s private equity arm SoftBank Vision Fund 2, according to a Bloomberg report Wednesday (Sept. 22). Get the Full Story Complete the form to...

eCommerce
New Report: APIs Proving Their Value as eCommerce Firms Seek Foreign Expansion
September 21, 2021

Enabled by ever-better digital services and the siren song of new customers in foreign markets, businesses are still dealing with cross-border payments pains, for which remedies now exist. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
SnackMagic Leverages Corporate Gifting to Gain Individual Customers, Powering Exponential Growth
September 16, 2021

During the early months of the pandemic, direct to consumer (D2C) businesses saw sales skyrocket, as consumers stuck at home turned toward remote channels for their shopping needs. Meanwhile, companies that relied on the congestion of urban business districts struggled to maintain their customary flow...

eCommerce
JPMorgan Now Powering US Credit Cards on China’s Alibaba.com
September 16, 2021

J.P. Morgan is now powering U.S. credit card processing for Alibaba.com, the business to business (B2B) division of Jack Ma’s Alibaba Group based in China, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and...