eCommerce

eCommerce
With Pandemic Boost, eCommerce On Track To Hit $1 Trillion By 2022
March 15, 2021

With the pandemic having dramatically shifted the way U.S. citizens shop, eCommerce is expected to have its first $1 trillion year in revenue by 2022, according to the latest Adobe Digital Economy Index report. Get the Full Story Complete the form to unlock this article...

eCommerce
Report: India Poised To Demand Amazon, Other eTailers Treat All Sellers Equally
March 14, 2021

India is poised to enact new regulations that would require eCommerce firms such as Amazon and Flipkart to treat all sellers equally and operate transparently when it comes to those relationships, Reuters reported, citing draft regulations. A spokesman for the country’s Ministry of Commerce reportedly...

eCommerce
Buyers Get Paid To Keep Returns Amid eCommerce Surge
March 08, 2021

You buy it. You keep it. On the fence about keeping it? We’ll pay you to keep 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...

eCommerce
Hershey’s Continues D2C Push With New Reese’s Bulk Offering
March 04, 2021

Ever had a craving for a peanut butter cup? Not a passing desire for a sweet treat of a vague description but an actual burning desire for that combination of chocolate and peanut butter most perfectly embodied by the Reese’s Peanut Butter Cup? Get the...

eCommerce
Walmart’s Flipkart Mulls SPAC Route To Go Public In US
March 04, 2021

Walmart’s Flipkart has been expanding its range in India even while it eyes its options for going public in the U.S. Flipkart is an eCommerce marketplace site competing against the likes of Amazon and Reliance Industries for the attentions of India’s consumers. Get the Full...

eCommerce
MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions
March 02, 2021

Latin American (LATAM) eCommerce marketplace operator and payments platform MercadoLibre released stellar Q4 2020 financials this week, underscoring the sizzle and scale of online marketplaces now serving as the “digital front door” through which people in developed and developing regions are accessing desirable new digital-first...

eCommerce
MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
March 02, 2021

MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the company posted a net loss of $50.6 million, resulting in net loss per share of $1.02. Get the Full Story Complete...

eCommerce
Reliance Teams With Google, Facebook In Bid For Indian Digital Payments License
March 01, 2021

Reliance Industries, India’s largest company by market value, is looking to link up with Facebook and Google in a bid to get a digital payments license from the Reserve Bank of India to serve the country’s growing eCommerce market. The move would also include homegrown...

eCommerce
NCR: Payments Are Connective Tissue For Banks And Retailers
February 25, 2021

Banks and retailers can work together to create a fully contextual eCommerce experience, with payments as the common thread. As NCR’s Doug Brown, senior vice president and general manager of NCR digital banking, and Marc Haberkorn, corporate vice president of product management, told Karen Webster,...