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
thredUP Hits Headwinds as Apparel Oversupply Dresses Down Resale
November 14, 2022

Apparel resale marketplace thredUP reported a difficult third quarter as apparel overstocks and endless discounting chipped away its value-priced advantage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
LianLian Partnership With European FinTechs Boosts eCommerce Financing Offering
November 14, 2022

Cross-border payment service provider LianLian Global is teaming up with three European FinTechs to boost financing options for eCommerce merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

eCommerce
American Express Taps TikTok To Reach Gen Z Shoppers
November 14, 2022

American Express has teamed with TikTok for the “#ShopSmall Accelerator,” a program designed to help small businesses reach Gen Z shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
TikTok Launches eCommerce Feature in US
November 13, 2022

TikTok has reportedly entered the U.S. eCommerce market, competing with the likes of Amazon as well as other social media brands looking to become shopping destinations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

eCommerce
Amazon EU’s Expansion Faces Stiff Competition From Regional eCommerce Retailers
November 13, 2022

With the launch of Amazon.com.be last month, Amazon’s European business now covers a bloc of Northern European countries consisting of France, Belgium, Germany and the Netherlands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Social Commerce
Musk Hints of Twitter Bankruptcy in Bid to Cut Costs
November 10, 2022

Elon Musk has reportedly told Twitter employees that the company could go bankrupt.  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....

eCommerce
50% of Grocers Want Better Digital Tools and Customer Experience
November 10, 2022

Half of all grocers are looking to step up their digital presence, their customer experience (CX) or both. 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...

eCommerce
Q3 Mobile Orders Booked 15% of Non-Grocery Sales and Nearly 10% of Groceries
November 09, 2022

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...

Social Commerce
TikTok Cuts Revenue Goal as Social Media Ad Spend Falls
November 09, 2022

Social media platform TikTok has reduced its revenue target for the year by as much as $2 billion amid flagging advertising and eCommerce sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...