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
When Consumers Buy Electronics, Online Marketplaces Beat Physical Stores
April 30, 2024

Typically, consumers’ preferred purchasing channel remains the physical store, but when it comes to buying electronics, shoppers turn to third-party marketplaces for affordability and convenience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Social Commerce
LTK Adds New, Longer-Format Videos to Commerce Platform for Creators
April 30, 2024

LTK now offers new, longer-format videos on its commerce platform for creators. 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...

eCommerce
Low-Income Consumers Choose Retailers Over D2C When Shopping Online
April 29, 2024

When low-income shoppers tap digital channels, they prefer to shop with retailers rather than going straight to brands’ eCommerce shops, trusting stores to offer them the best price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Social Commerce
TikTok General Counsel Steps Down to Fight Ban
April 28, 2024

TikTok’s general counsel is stepping down to focus on fighting a pending U.S. ban. 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....

Social Commerce
Ex-Barclays CEO Bob Diamond Chairs TikTok Challenger Triller
April 28, 2024

The former CEO of Barclays is now chairing TikTok challenger Triller. 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...

Social Commerce
Influencer Brands Are Getting Ready for a TikTok-Less Future
April 27, 2024

G.R.W.M. (that’s “get ready with me”) for a major change in the social commerce landscape, because the pending TikTok ban in the United States could be make-or-break for all the brands that have built their following on the platform. Get the Full Story Complete the form to...

Social Commerce
ByteDance Says It ‘Doesn’t Have Any Plan to Sell TikTok’
April 26, 2024

ByteDance reportedly will not sell its U.S. TikTok business, even if it loses its legal battle in the United States. 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...

Social Commerce
Report: ByteDance to Shut Down TikTok If Legal Efforts Fail
April 25, 2024

TikTok owner ByteDance would reportedly rather shut down the social media platform than sell it. 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...

Social Commerce
TikTok Suspends Rewards Program Amid EU Pressure
April 24, 2024

TikTok has suspended a rewards program on TikTok Lite amid a dispute with European Union (EU) regulators. 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...