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)

eCommerce
Korea Fair Trade Commission Probes Coupang’s Algorithm Use
July 05, 2021

Coupang, based in South Korea, has been mired in allegations that it has messed with search algorithms to prioritize its own products over rivals’, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
Hepsiburada Finishes Off US IPO As It Eyes Super-App Future 
July 01, 2021

Hepsiburada may not be a household name here in the U.S., but as of its IPO on the Nasdaq on Thursday (July 1), the company now carries a $1.9 billion valuation from the first-of-its-kind listing by a Turkish firm. With the funds now in hand,...

Omnicommerce
Meeting Consumers’ Growing Demand For Local Commerce With Omnichannel Tools 
June 30, 2021

Among the many quotable bon mots from the former U.S. House Speaker Tip O’Neill, the phrase “all politics is local” has stood out, as advice to aspiring politicians to train their focus on the real issues people actually care about: the local ones. Get the...

eCommerce
Stor.ai CEO: Sticking The Landing Keeps eGrocery Customers Coming Back
June 30, 2021

Ordering groceries online from the comfort of one’s couch is not going anywhere. As recent PYMNTS data show, 72 percent of grocery shoppers now order their groceries online for delivery, with 28 percent more ordering for curbside pickup. As the category grows, solutions for grocers...

Social Commerce
Instagram Preparing Subscriber-Only ‘Exclusive Stories’
June 30, 2021

Instagram is readying an “Exclusive Stories” function similar to Twitter’s recently announced “Super Follow” feature, the website 9to5Mac reported on Wednesday (June 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

eCommerce
Shopify Lowers Developer Fees, Upgrades Checkout, Gateway Options
June 29, 2021

Shopify has rolled out several new updates to its shopping platform, including reducing the developer revenue share to 0 percent for the first $1 million the companies earn annually, a press release says. Get the Full Story Complete the form to unlock this article and...

eCommerce
Gamified eCommerce Platform Underground Cellar Protects Wineries By Reframing Value
June 29, 2021

For many consumers, wine is more than a beverage — it is a symbol. A high-value bottle of wine represents status and access, and knowledge of the many different factors that can make a bottle of wine valuable can be a symbol of social standing....

Social Commerce
Instagram Expands In-App Checkout To UK
June 28, 2021

Instagram began testing its in-app Checkout capabilities in the United Kingdom on Monday (June 28), a step forward for the social media company’s eCommerce aspirations, allowing consumers to purchase products using Facebook Pay without leaving the app. Get the Full Story Complete the form to...

eCommerce
Online Classifieds Marketplace Carousell Eyes $1.5B SPAC Deal
June 28, 2021

Singapore-based Carousell is looking at going public by merging with a so-called blank-check company in the U.S. Sources told Bloomberg that the multinational operator of online classified advertising is working with an adviser. Get the Full Story Complete the form to unlock this article and...