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.

TikTok Eyes Indonesian Payments License to Boost eCommerce Business
TikTok Eyes Indonesian Payments License to Boost eCommerce Business
August 04, 2023  |  eCommerce

TikTok is reportedly in early-stage talks with Indonesian regulatory authorities to obtain a payments license. Get the Full Story Complete the form to unlock this article...

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BigCommerce Taps AI to Drive Sales, Improve B2C, B2B Customer Experience
BigCommerce Taps AI to Drive Sales, Improve B2C, B2B Customer Experience
August 03, 2023  |  Earnings

In second quarter financial results announced Thursday (Aug. 3), BigCommerce said it reached profitability on an adjusted pretax basis in June, while delivering positive free cash...

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Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
August 03, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Wish Reports 42% Decline in Q2 Revenue, Blames Competition
Wish Reports 42% Decline in Q2 Revenue, Blames Competition
August 03, 2023  |  Retail

The eCommerce giant ContextLogic Inc., better known as Wish, reported a 42% drop in total revenue year-over-year in its second-quarter earnings Thursday (Aug. 3), blaming competition...

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Lightspeed Focuses on ‘Unified Payments’ as Revenues Climb 20%
Lightspeed Focuses on ‘Unified Payments’ as Revenues Climb 20%
August 03, 2023  |  Earnings

With revenues on the rise, digital commerce firm Lightspeed is focused on Unified Payments. Get the Full Story Complete the form to unlock this article...

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MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
August 03, 2023  |  Earnings

Latin American eCommerce platform MercadoLibre highlighted record growth in the second quarter of 2023, driven primarily by sales growth and cost efficiencies. Get the Full Story Complete...

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Are Main Street Businesses Starting to Crack?
Are Main Street Businesses Starting to Crack?
August 03, 2023  |  Earnings

Earnings season, as always, offers up data points for Wall Street to parse — net income per share, buybacks and top-line growth. Get the Full...

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Social Media Shoppers Are Minority but Highly Satisfied
Social Media Shoppers Are Minority but Highly Satisfied
August 03, 2023  |  Social Commerce

Fourteen percent of consumers, representing approximately 36 million shoppers, buy items through social media. Get the Full Story Complete the form to unlock this article...

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Shopify Sees 17% Growth After Dumping Logistics Arm
Shopify Sees 17% Growth After Dumping Logistics Arm
August 03, 2023  |  eCommerce

What happens after a breakup? One would hope that you shed the dead weight and find yourself again.   Get the Full Story Complete the form...

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