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.

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...

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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...

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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)...

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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...

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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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