eCommerce

eCommerce
Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
February 13, 2024

Discount eCommerce company Wish has sold at a much lower price than might have been expected, a move that comes as eCommerce shoppers increasingly seek out trustworthy channels and reject unreliable merchants. The shopping platform’s parent company ContextLogic announced Monday (Feb. 12) the sale of...

eCommerce
1 in 10 Consumers Use Online Shopping to Manage Expenses
February 09, 2024

Time is money, and consumers are constantly seeking ways to make their lives more efficient. One area where this is particularly evident is in the way people shop for personal and household supplies.  In “The Replenish Economy: A Household Supply Deep Dive,” PYMNTS Intelligence draws...

eCommerce
BigCommerce Launches Storefront Technology Featuring Composable Architecture
February 08, 2024

BigCommerce has introduced a new storefront technology that aims to simplify the process of building online stores using a composable architecture.  The new Catalyst is designed for mid-market and enterprise B2C and B2B brands and retailers, and combines popular headless technologies and best practices, the Open...

eCommerce
Amazon Uses Next-Day Delivery to Win the Hearts of Valentine’s Day Shoppers
February 07, 2024

As eCommerce merchants compete to secure couples’ Valentine’s Day spending, Amazon introduced a new option targeting last-minute gifting occasions. The retail giant shared via email that it is adding a “Get it by Tomorrow” filter to its Valentine’s Day Shop, a move to secure the...

eCommerce
Gooten Debuts Specialized Order Management Platform
February 06, 2024

Order management and fulfillment company Gooten debuted a specialized order management platform. “The OrderMesh platform is designed to support retailers, marketplaces, manufacturers and eCommerce brands as they broaden their product offerings, streamline order processing, and substantially reduce the operational complexities and costs of a made on-demand...

eCommerce
56% of eCommerce Firms Lack the Right Tools to Fix Failed Payments
February 01, 2024

Imagine a consumer attempting to make a purchase, only to get rejected at checkout. This was not because of money problems or fraud, but due to a false decline. These legitimate purchases mistakenly marked as fraudulent don’t only create friction in the payment process but...

eCommerce
Temu Ad Spend Places It Among Largest Online Advertisers in US
January 31, 2024

Temu reportedly spent $3 billion in 2023 on online advertising in the United States for its eCommerce marketplace. This move by Temu, which was introduced to the U.S. by Shanghai-based eCommerce giant PDD Holdings in September 2022, positions it as one of the largest online advertisers in the...

eCommerce
Shopify to Add AI-Powered Media Editor and Commerce Assistant
January 31, 2024

Shopify plans to expand its range of artificial intelligence (AI)-powered tools for sellers to include a media editor and a commerce assistant. These are among more than 100 updates the company will add to its eCommerce platform, Shopify said in a Wednesday (Jan. 31) product news release....

eCommerce
FedEx’s eCommerce Battle Hinges on ShopRunner and a ‘Critical Mass’ of Retailers
January 31, 2024

More than 80 years ago, Winston Churchill said war would be waged on multiple fronts: the beaches, the fields, the streets and in the air. In today’s digital age, the battle for eCommerce is waged, similarly, across several areas of engagement — the online search,...