eCommerce

eCommerce
Worldpay, TossPayments Partner on South Korea eCommerce Expansion
July 27, 2022

FinTech FIS announced in a Wednesday (July 27) press release that its Worldpay service is now available in the fast-growing South Korean market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

eCommerce
Shopify Cutting 10% of Global Workforce
July 26, 2022

Canadian eCommerce company Shopify is slashing 10% of its global workforce or roughly 1,000 people, The Wall Street Journal reported on Tuesday (July 26) citing an internal memo seen by the publication. Get the Full Story Complete the form to unlock this article and enjoy...

eCommerce
Alibaba Slows Global Expansion Plans as eCommerce Platform Struggles
July 26, 2022

Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on hold as the company has struggled to meet its goals, according to a Financial Times report Tuesday (July 26). Get...

eCommerce
B2B Logistics Firm Kwik Launches eCommerce Storefront
July 25, 2022

B2B logistics company Kwik is expanding its digital services with the debut of KwikStore, a free eCommerce storefront that lets merchants in Africa do business from their smartphones, according to a Monday (July 25) press release. Get the Full Story Complete the form to unlock...

eCommerce
Online Shopping Slowdown Could Lead to Glut of Warehouses
July 22, 2022

The surge in eCommerce fueled by the pandemic is now slowing down as more people return to shopping in stores, a shift that could affect the amount of warehouse space needed as retailers and marketplaces expanded to meet demand. Get the Full Story Complete the...

eCommerce
Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
July 21, 2022

Customers are reducing their use of delivery for online grocery shopping orders, prompting Ocado to consider a shift in expansion plans for the service in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Shopify Partners With Airwallex to Drive Global Payments
July 21, 2022

FinTech payments platform Airwallex is partnering with eCommerce firm Shopify to offer online merchants a streamlined integration for payment acceptance from customers around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
eCommerce Aggregator Model Gets Makeover With Brand Building and Logistics
July 21, 2022

When big eCommerce aggregator Thrasio hit a wall earlier this year, it revealed a weakness in the strategy of rolling up promising sellers and brands then struggling to figure out the nuances of creating popular consumer brands with the right logistics in place to optimize...

eCommerce
South Korea Is an eCommerce Eden for Those Fluent in Local Payments
July 21, 2022

Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...