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.

JD.Com Rakes In $24.6B During 618 Shopping Festival
JD.Com Rakes In $24.6B During 618 Shopping Festival
June 25, 2018  |  eCommerce

JD.com‘s annual 618 Shopping Festival was a big success for the Chinese eCommerce player, raking in $24.6 billion, according to new data from Coresight Research....

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Fishbowl Talks: What Businesses Risk Without Inventory Tech
Fishbowl Talks: What Businesses Risk Without Inventory Tech
June 22, 2018  |  B2B Payments

Inventory management may have been built on fundamental business concepts like supply and demand, but today, managing inventory levels is a complex interconnection of finance,...

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Final Amazon Marketplace Executive Loses Many Of His Duties
Final Amazon Marketplace Executive Loses Many Of His Duties
June 22, 2018  |  Amazon

Amazon’s Peter Faricy, the vice president of Amazon Marketplace, the remaining executive in the unit, has seen his role in the company reduced. Get the...

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Verizon, AT&T, Sprint Feel The Heat From Location Data Sharing
Verizon, AT&T, Sprint Feel The Heat From Location Data Sharing
June 20, 2018  |  Data

It brings in customers, and matches them with the products they want at the right time. It helps determine what offers and discounts might trigger...

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Braintree’s Juan Benitez On The Future Of A PayPal-Owned Hyperwallet
Braintree’s Juan Benitez On The Future Of A PayPal-Owned Hyperwallet
June 20, 2018  |  Partnerships / Acquisitions

It’s a deal that hits some of the most important payment-related hotspots: Online marketplaces. Localized currencies. Global payout services. The gig economy. Expanded eCommerce ecosystems....

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PayPal Will Buy Hyperwallet In $400 Million Deal
PayPal Will Buy Hyperwallet In $400 Million Deal
June 19, 2018  |  Partnerships / Acquisitions

PayPal said on Tuesday (June 19) that it will buy payments payout platform Hyperwallet for $400 million in cash. Get the Full Story Complete the...

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Sam’s Club Takes On Convenience In Age of Amazon
Sam’s Club Takes On Convenience In Age of Amazon
June 19, 2018  |  Retail

Warehouse clubs may conjure up images of cavernous stores stocked high with merchandise as far as the eye can see, but Walmart’s Sam’s Club is...

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Square Enters Procurement Payments Space With Handshake
Square Enters Procurement Payments Space With Handshake
June 19, 2018  |  B2B Payments

Payments company Square has made several initiatives in the past to expand its presence in the back-office and B2B payments space. Now, the company is...

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Tapping Digital Escrow To Build Big-Ticket eCommerce Trust
Tapping Digital Escrow To Build Big-Ticket eCommerce Trust
June 19, 2018  |  Disbursements

For someone buying or selling a used vehicle online, trust in the payment process can make or break the deal. In the June Disbursements Tracker,...

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