Flipkart, a huge eCommerce company in India, has invested $201 million into its wholesale unit, in a bid to stay relevant in an already crowded market that’s been hit with industry-shaking regulatory changes recently, according to reports. Get the Full Story Complete the form to...
It’s time for eBay to say goodbye to StubHub. 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,...
Online retail and mobile commerce had their shining moments over the 2018 holiday shopping season — the latest evidence of that comes from Adobe Analytics, which said that U.S. consumers spent a record $126 billion online during that period, above the company’s earlier projection. The new...
New restrictions in India are poised to have an impact on Amazon and Flipkart, affecting how each can do business on their online marketplaces. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Africa is home to 54 countries and hundreds of millions of smartphone users — young, tech-savvy and ready to embrace digital payments and banking. Emergent’s Saqib Nazir talks about the opportunities and challenges that confront FinTech firms, from FX to lack of tech infrastructure, in tackling the...
All India Online Vendors Association, a trade group representing online merchants in India, vowed to appeal a ruling by the Competition Commission of India that favored Flipkart, the eCommerce company owned by Walmart. Get the Full Story Complete the form to unlock this article and...
Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The online retail market hit $186.13 billion during the third quarter, with Alibaba in the dominant position. 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...
Amazon announced news on Wednesday (Dec. 26) that it had a record-breaking holiday season in 2018, with more items ordered around the globe than any other year past. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...