For many retailers, especially those focused on eCommerce, the next several weeks are crucial. The holiday shopping season, stretching from Black Friday and beyond, can account for a significant amount — even a majority — of an eCommerce firm’s top line. Get the Full Story...
Jack Ma, one of the founders of Alibaba Group Holding, said Singles Day, which is China’s version of Cyber Monday, missed sales projections, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Clearbanc is launching an Inventory Protection Program to support eCommerce companies affected by the U.S.-China trade negotiations ahead of the holiday shopping rush, the company said in a press release on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article...
Two decades ago, the world stood on the brink of a digital commerce inflection point — even though many didn’t quite know it yet. In 1995, the tech boom got underway — buoyed by enthusiasm over the transformative power of a newly emerging technology called...
China’s Alibaba broke sales records during the 24-hour shopping event known as Singles Day, CNBC reported on Monday (Nov. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Research firm Sanford C. Bernstein says affluent Chinese consumers are not indulging on luxury and non-essential goods, Bloomberg reported on Saturday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
China’s Alibaba rang up over $12 billion in sales in less than 90 minutes during its Singles Day shopping bonanza, Reuters reported on Sunday (Nov. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
An online merchant has written a letter to Congress saying that the company was forced to use Amazon’s logistics services, as it otherwise would have faced stiff penalties and possible suspension from the site. These moves made it necessary for the merchant to raise prices...
Amazon shoppers in Jamaica can now pay for their items in local currency at Western Union locations across the country, according to a release on Tuesday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...