ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake

Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
Rakuten Dumps $1.4B In Tech Holdings, Including Pinterest Stake
February 16, 2020  |  Investments

Rakuten, the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Get the Full Story...

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New India Tax Prompts Pushback By Amazon And Flipkart
New India Tax Prompts Pushback By Amazon And Flipkart
February 14, 2020  |  Cross-border Payments

Amazon and Flipkart are pushing back against a proposed Indian tax on the online eCommerce market, saying it will stymie growth in the industry, according...

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Indian Social Commerce Site Simsim Raises $16M
Indian Social Commerce Site Simsim Raises $16M
February 14, 2020  |  Investments

Simsim, an Indian social commerce site, has raised over $16 million through seed and Series A and Series B rounds, according to a report. Get...

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Wine.com Uncorks A Vintage Year
Wine.com Uncorks A Vintage Year
February 14, 2020  |  Retail

Things could not have gone much better for Wine.com in 2019. This year, they expect more customer experience improvements, a boost from the Golden State...

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MyTheresa eCommerce Fashion Brand Plans To Go Public
MyTheresa eCommerce Fashion Brand Plans To Go Public
February 14, 2020  |  Retail

MyTheresa, the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets. Get the Full...

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India’s Antitrust Investigation Into Amazon, Flipkart On Hold
India’s Antitrust Investigation Into Amazon, Flipkart On Hold
February 14, 2020  |  Amazon

The Bengaluru court in India on Friday (Feb. 14) put an antitrust investigation into Amazon and Flipkart on hold for two months following a challenge...

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How Greyhound Bus Makes Fraudsters Play Fare
How Greyhound Bus Makes Fraudsters Play Fare
February 14, 2020  |  Fraud Prevention

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Joint Venture Delivers Payments To Singapore
Joint Venture Delivers Payments To Singapore
February 14, 2020  |  B2B Payments

British bank Standard Chartered and payments firm Assembly Payments have established a joint venture in Singapore to bring payment solutions to its $29 trillion global...

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