India is a country where the stats show consumers want more eCommerce, despite the physical barriers — which include a poorly designed delivery infrastructure and a cash-driven economy. Still, the country might just have the best and worst case examples of how to develop an...
Less than a week after Amazon was reported to be working on a $2.2 billion deal to buy luxury eCommerce retailer Net-a-Porter, Italian online fashion retailer YOOX announced it will merge with Net-a-Porter instead, the companies said on Tuesday (March 31). Get the Full Story...
U.S. eCommerce sales still lead the Western world with projected annual revenue of $349 billion, compared with $254 billion for eight surveyed European countries, according to a study released Tuesday (March 31) by the U.K.-based Centre for Retail Research and commissioned by RetailMeNot. Get the...
It looks like Canadian firm D+H is on its way to acquiring Fundtech in a $1.2 billion cash deal. 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...
Younger Internet users are driving the mobile commerce growth, with roughly 40 percent of those between the ages of 16 and 24 worldwide using a mobile device to shop online each month, according to a quarterly m-commerce report from Global Web Index. Get the Full...
The U.S. Justice Department’s Criminal Division has proposed streamlining the requirements for going after cyberthieves who sell payment card numbers issued by U.S. financial institutions, the department said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy...
After rolling out its quick-delivery Prime Now service to Manhattan, Brooklyn, Baltimore, Miami and Dallas, Amazon has now launched something remarkably similar in a less-expected place: Bangalore, India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Take 164 people split up into 29 teams, and add in 34.5 gallons of soda, 25.8 gallons of Red Bull, 173 rounds of Nerf gun ammo throughout 24 hours of intense developer activity. What do you get? The components of MasterCard’s Masters of Code, Hong...
The European Union will spend a year studying why online shoppers in the 28-nation Euro zone don’t often buy products outside their own countries in what’s supposed to be a single digital market, the EU’s competition commissioner announced on Thursday (March 26). Get the Full...
