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.

Boxed Acquired as Economic Shifts Shake Up Online Grocery
Boxed Acquired as Economic Shifts Shake Up Online Grocery
August 21, 2023  |  Acquisitions

With rising food costs eating into merchants’ margins and changing how consumers shop, the return of Boxed is just the latest change in the quickly...

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Ghost Raises $30 Million to Grow B2B Marketplace for Surplus Inventory
Ghost Raises $30 Million to Grow B2B Marketplace for Surplus Inventory
August 21, 2023  |  Investments

Ghost has raised $30 million to grow its members-only B2B marketplace that helps brands and retailers move surplus inventory. Get the Full Story Complete the form...

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Social Media Shopping Blocked By a Lack of Trust 
Social Media Shopping Blocked By a Lack of Trust 
August 21, 2023  |  Retail

Shopping over social media seems to be the next frontier of eCommerce spend, with 43% of consumers (approximately 110 million individuals) browsing these platforms to...

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Gucci Doubles Down on China’s Consumers With JD.com Expansion
Gucci Doubles Down on China’s Consumers With JD.com Expansion
August 21, 2023  |  eCommerce

As Richemont acknowledges the declining influence of China on luxury shopping, Kering is seeking to delve deeper into the market, aiming to connect with consumers...

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Chinese eCommerce Giants Embrace Lower-Priced Goods
Chinese eCommerce Giants Embrace Lower-Priced Goods
August 21, 2023  |  eCommerce

Consumers in China have started trading down, and the country’s eCommerce giants are acting accordingly. Get the Full Story Complete the form to unlock this...

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StockX’s Luxury Resale Dominance: Can Everday Sneakers Step Up?
StockX’s Luxury Resale Dominance: Can Everday Sneakers Step Up?
August 19, 2023  |  Retail

Sneaker rental platform Kyx World learned a hard lesson in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Will Instacart IPO Open the Door for Other eCommerce Platforms to Mull the Market?
Will Instacart IPO Open the Door for Other eCommerce Platforms to Mull the Market?
August 18, 2023  |  IPO

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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Report: The Honest Company Develops Store-Within-a-Store at Walmart
Report: The Honest Company Develops Store-Within-a-Store at Walmart
August 18, 2023  |  Retail

The Honest Company, a digital startup founded by actress Jessica Alba, is reportedly looking to boost its physical presence by expanding its partnership with Walmart....

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Retail Earnings Show Digital Shift in Health and Beauty Spend
Retail Earnings Show Digital Shift in Health and Beauty Spend
August 18, 2023  |  Retail

Consumers are proving resilient when it comes to spending on health and beauty products.  Get the Full Story Complete the form to unlock this article...

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