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.
Three-Quarters of Retail Customers Expect Omnichannel Coupons
Three-Quarters of Retail Customers Expect Omnichannel Coupons
February 28, 2024  |  Retail

As retailers look to secure consumers’ loyalty both online and in stores, PYMNTS Intelligence research finds that digital deals and discounts go a long way...

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Stripe Valued at $65 Billion After Share Sale Deal
Stripe Valued at $65 Billion After Share Sale Deal
February 28, 2024  |  Business

Payment processor Stripe’s value has reached $65 billion following a share sale deal with employees. The deal will see Stripe and some of its investors purchase more than...

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Thrive Market CTO Says the Future of eGrocery Is Mobile
Thrive Market CTO Says the Future of eGrocery Is Mobile
February 28, 2024  |  Retail

As grocery slowly catches up to other retail categories in digital adoption, Thrive Market is seeing mobile gain share. In an interview with PYMNTS following...

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Thrasio’s Bankruptcy Spotlights Aggregators’ Decline as Ecosystems Take Shape
Thrasio’s Bankruptcy Spotlights Aggregators’ Decline as Ecosystems Take Shape
February 28, 2024  |  Aggregators

It was a highly successful business model, at least for a while. But the recent filing of Thrasio Holdings for Chapter 11 this week points...

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Online Car Platforms Bet on Digital Transformation to Drive Sales Growth
Online Car Platforms Bet on Digital Transformation to Drive Sales Growth
February 28, 2024  |  eCommerce

For online car platforms, the road to profitability has been volatile and oftentimes elusive. “Inventory’s been lumpy, aging and — in the age of (still)...

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Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally
Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally
February 28, 2024  |  Earnings

Demand for B2B and merchant services drove Payoneer’s volume growth in 2023. The small- to medium-sized business (SMB)-focused FinTech company’s B2B volume rose 13% and its...

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New Shoppable Media Emerges in Blow to Industry Pioneers QVC and HSN
New Shoppable Media Emerges in Blow to Industry Pioneers QVC and HSN
February 28, 2024  |  Retail

With consumers increasingly expecting their shoppable media experiences to flow more seamlessly between entertainment and commerce, traditional shopping networks such as HSN and QVC are...

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Main Street SMBs Tap Online Channels to Drive Business Growth
Main Street SMBs Tap Online Channels to Drive Business Growth
February 28, 2024  |  SMBs

The COVID-19 pandemic has accelerated the shift to an eCommerce economy, with historically high sales in 2020 and 2021. As a result, most Main Street...

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Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
February 27, 2024  |  eCommerce

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over...

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