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.

Apple Stops Online Sales and Repairs of Smartwatches in Patent Dispute
Apple Stops Online Sales and Repairs of Smartwatches in Patent Dispute
December 21, 2023  |  Apple

Apple stopped selling its latest smartwatches, the Apple Watch Series 9 and Apple Watch Ultra 2, in its online store Thursday (Dec. 21) due on...

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Cart.com Raises $30 Million to Scale Commerce Platform
Cart.com Raises $30 Million to Scale Commerce Platform
December 21, 2023  |  Investments

Commerce and logistics solutions provider Cart.com has received $30 million in financing from Trinity Capital. Get the Full Story Complete the form to unlock this article and enjoy...

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Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
December 21, 2023  |  eCommerce

Matchesfashion has officially changed hands.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Claim Debuts Rewards-Based Social Network With $4 Million in Funding
Claim Debuts Rewards-Based Social Network With $4 Million in Funding
December 20, 2023  |  Investments

Rewards-based social network Claim has emerged from stealth with $4 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy...

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Soum Raises $18 Million to Expand ReCommerce in MENA
Soum Raises $18 Million to Expand ReCommerce in MENA
December 20, 2023  |  eCommerce

ReCommerce platform Soum has raised $18 million to expand through the Middle East. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Grocers’ Competition for Digital SNAP Spending Heats Up
Grocers’ Competition for Digital SNAP Spending Heats Up
December 20, 2023  |  eCommerce

As grocers look to close the digital adoption tab between higher- and lower-income consumers, leading players in the space are increasingly adding new options for Supplemental...

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Retail Merchants Focus on Loyal Subscribers to Shore Up Sales
Retail Merchants Focus on Loyal Subscribers to Shore Up Sales
December 20, 2023  |  Subscriptions

In the last two years, due to persistent inflation and consumers returning to normal life, retail product subscriptions have steadily decreased from pandemic boom times...

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Biometrics in 2023: Reshaping Authentication, Igniting Debates and Driving Innovation
Biometrics in 2023: Reshaping Authentication, Igniting Debates and Driving Innovation
December 20, 2023  |  Biometrics

In a digital landscape increasingly defined by the surge of online and mobile shopping, consumer demand for flexible, secure and convenient ways to authenticate transactions...

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General Mills: Pet Food’s Digital Shift Eats Away at Retail Sales
General Mills: Pet Food’s Digital Shift Eats Away at Retail Sales
December 20, 2023  |  Earnings

As consumers increasingly turn to digital channels to feed their fur babies, General Mills is seeing in-store pet food sales take a dip, even as...

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