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.

Groupon Reports Progress in Transformation Plan
Groupon Reports Progress in Transformation Plan
August 09, 2023  |  eCommerce

Groupon is demonstrating progress with its transformation plan, interim CEO Dusan Senkypl said Wednesday (Aug. 9) during the company’s quarterly earnings call. Get the Full...

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Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report
Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report
August 09, 2023  |  Earnings

Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. Get the Full Story...

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Blue Apron Sees Shift to Asset-Light Model Accelerating Profitability Beyond Q2
Blue Apron Sees Shift to Asset-Light Model Accelerating Profitability Beyond Q2
August 09, 2023  |  Earnings

Meal kit provider Blue Apron has its sights set on achieving profitability starting in the second quarter of 2024, executives told investors on the company’s second-quarter 2023 earnings call on...

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Vroom Says ‘Aged’ Cars Made Up 80% of Sales
Vroom Says ‘Aged’ Cars Made Up 80% of Sales
August 09, 2023  |  Earnings

Online car-buying platform Vroom said its inventory troubles should turn a corner later this year. Get the Full Story Complete the form to unlock this article and...

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Report: TikTok Adds Veterans From Amazon and Meta to Lead eCommerce
Report: TikTok Adds Veterans From Amazon and Meta to Lead eCommerce
August 09, 2023  |  Retail

TikTok has reportedly added retail executives who were previously with Amazon and Meta to help build its eCommerce businesses in the United States. Get the...

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ThredUP Taps Resale-as-a-Service for Path to Profitability  
ThredUP Taps Resale-as-a-Service for Path to Profitability  
August 09, 2023  |  eCommerce

Is resale profitable for brands? While that question has yet to be answered, deploying the technology and functionality to create the resale-as-a-service (RaaS) apparently is....

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The RealReal Looks to Third-Party Ads as It Retools Resale Platform 
The RealReal Looks to Third-Party Ads as It Retools Resale Platform 
August 09, 2023  |  eCommerce

Do you click on third-party ads? Whatever your answer may be, it’s a part of The RealReal’s 2023 reconfiguration strategy.   Get the Full Story Complete...

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Omnichannel Is a Merchant Priority and Fraudster Opportunity
Omnichannel Is a Merchant Priority and Fraudster Opportunity
August 09, 2023  |  Retail

The embrace of omnichannel commerce as the pandemic recedes has brought a “new normal” for merchants, Adam Gunther, senior vice president and chief product officer...

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Cash App Renewal’s Squared Away as Marqeta CEO Sets Sights on Marketplaces, Embedded Finance
Cash App Renewal’s Squared Away as Marqeta CEO Sets Sights on Marketplaces, Embedded Finance
August 09, 2023  |  Earnings

Cash App’s firmly in place — and will be a significant contributor to Marqeta’s top line for years to come. Get the Full Story Complete...

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