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.

Alibaba’s Sales Up 14%, Pushed by International Sales
Alibaba’s Sales Up 14%, Pushed by International Sales
August 10, 2023  |  Earnings

Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao...

READ MORE >
Amazon Scales Back Private-Label Business
Amazon Scales Back Private-Label Business
August 10, 2023  |  Amazon

Amazon is reportedly scaling back its private-label business and cutting dozens of its in-house brands. Get the Full Story Complete the form to unlock this article...

READ MORE >
Instacart Expands Online SNAP Payment Acceptance Nationwide
Instacart Expands Online SNAP Payment Acceptance Nationwide
August 10, 2023  |  Retail

Online grocery marketplace Instacart now accepts Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) payments throughout the entire United States. Get the Full Story Complete...

READ MORE >
ShipStation Releases New Product Bundles Feature for Merchants
ShipStation Releases New Product Bundles Feature for Merchants
August 10, 2023  |  SMBs

ShipStation has released a new feature called Product Bundles that allows merchants to fulfill, ship and track bundled items more thoroughly on the company’s platform. Get the Full...

READ MORE >
Lulu Group Raising $2.72 Billion to Reposition Business for IPO
Lulu Group Raising $2.72 Billion to Reposition Business for IPO
August 10, 2023  |  Investments

Abu Dhabi-based LuLu Group International, which owns one of the largest hypermarket chains in the Middle East, is reportedly raising 10 billion dirhams (about $2.72 billion)...

READ MORE >
REVOLVE Turns Delayed Shipping Into Customer Rewards 
REVOLVE Turns Delayed Shipping Into Customer Rewards 
August 10, 2023  |  eCommerce

There’s been so much talk about the state of returns, but maybe not nearly enough around shipping. But both services are becoming equally important.   Get...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >