To let merchants send out delivery drivers for orders made on their websites, Square unveiled availability of its On-Demand Delivery for Square Online Store offering in an announcement on Wednesday (June 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Competition Commission of India (CCI) has given the green light to the acquisition of a roughly 9.99 percent share of Jio Platforms by a newly formed subsidiary of Facebook called Jaadhu Holdings LLC. CCI said Jaadhu is a wholly-owned Facebook subsidiary, which was started...
While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 percent growth rate this year down from 20.2 percent in 2019. The firm...
Social commerce continues its pandemic-driven momentum as Instagram announced two major moves in the area and new research shows the platform will see substantial new growth across the board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
On a recent National Retail Federation webinar Target CEO Brian Cornell was asked about the most important factors facing retailers as they continue to deal with the business disruption caused by the pandemic. He listed a few of them including taking care of employees, keeping...
It’s hard to find a major eCommerce retailer that has evolved more than Newegg. After coming out of the post-internet bubble economy of 2001 as a force in the consumer electronics category, it eventually supplemented that business with computer parts and accessories, catering to the...
Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and has backing from some 90 percent of its creditors, according to a statement. Get the Full Story Complete the form...
Businesses are digitizing more rapidly these days, often tapping into new overseas markets and expansion opportunities created by COVID-19. They are also exhibiting increasingly robust cross-border payments capabilities, with a focus on simplicity and ease of operations internationally. Get the Full Story Complete the form...
With the last bids due in early July for eBay Inc.’s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 billion worth of debt to finance the transaction. Those who are left taking part in the...
