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.

eCommerce Platform Magento Scores $250M
eCommerce Platform Magento Scores $250M
January 05, 2017  |  Investments

Open-source eCommerce platform provider Magento Commerce recently snagged a whopping $250 million in new funding from one of China’s largest investment firms, Hillhouse. This latest...

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BBVA Buys Openpay As It Aims To Boost Digital Business Portfolio
BBVA Buys Openpay As It Aims To Boost Digital Business Portfolio
January 04, 2017  |  Partnerships / Acquisitions

BBVA announced Tuesday (Jan. 3) it inked an agreement to buy Openpay, a startup in Mexico that offers online payments. Get the Full Story Complete...

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Amazon 1-Click Patent Expires In 2017
Amazon 1-Click Patent Expires In 2017
January 04, 2017  |  Amazon

Soon, online payments might get more frictionless. Amazon’s patent on its 1-Click payment system will expire this year, meaning online buyers could soon see many...

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More Holiday Shoppers Made Mobile Purchases This Season
More Holiday Shoppers Made Mobile Purchases This Season
January 03, 2017  |  Mobile Commerce

Consumers aren’t just using their mobile devices to browse; they are also making purchases at a higher rate, according to NetElixir. Get the Full Story...

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Subscription Commerce Feels Holiday Cheer
Subscription Commerce Feels Holiday Cheer
December 30, 2016  |  Merchant Innovation

Subscription models have seen a significant rise across commerce categories in the past few years. At the start of this year’s holiday shopping season, the...

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Shopify’s Grand Retail Experiment
Shopify’s Grand Retail Experiment
December 30, 2016  |  Retail

While the shift to the online space is often seen as the great game-changer in retail, Loren Padelford, vice president and general manager of Shopify...

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Rent The Runway In $60M Series E, Plans Growth
Rent The Runway In $60M Series E, Plans Growth
December 28, 2016  |  Retail

Luxury apparel rental business Rent The Runway announced recently that it has closed a new $60 million equity investment Series E led by Fidelity Investments....

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