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.

eBay Looks to ‘Love Island’ to Spread the Word on Resale Shopping

eBay Looks to ‘Love Island’ to Spread the Word on Resale Shopping
eBay Looks to ‘Love Island’ to Spread the Word on Resale Shopping
May 17, 2023  |  eCommerce

eBay and “Love Island” have joined forces to strengthen their commitment to the resale movement. This partnership aims to amplify their shared mission of fostering...

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Report: Shein Raises $2 Billion but Slashes Valuation by 1/3
Report: Shein Raises $2 Billion but Slashes Valuation by 1/3
May 17, 2023  |  Retail

Shein’s latest funding round has reportedly lowered its $100 billion valuation by a third. Get the Full Story Complete the form to unlock this article...

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Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
Paysafe Says Digital Wallet Use Helped Q1 Revenue Jump 7%
May 16, 2023  |  Earnings

Payments platform Paysafe saw a revenue boost due to a rise in digital wallet use. Get the Full Story Complete the form to unlock this article and...

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Study Finds Payment Choice More Important Than 33 Other Features When Choosing a Merchant
Study Finds Payment Choice More Important Than 33 Other Features When Choosing a Merchant
May 16, 2023  |  eCommerce

More than 80% of consumers use digital features as part of their shopping experiences, online and in-store. These “digital enthusiasts” and “digital mainstream” shoppers are...

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Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
May 16, 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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Elizabeth Arden Launches Shoppable Virtual Store to Reach New Generation
Elizabeth Arden Launches Shoppable Virtual Store to Reach New Generation
May 16, 2023  |  Retail

Elizbeth Arden has launched a virtual store that enables browsing, gameplaying and shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Century 21 and Macy’s Embrace Inventory Lightness as Premium Label Stores Downsize
Century 21 and Macy’s Embrace Inventory Lightness as Premium Label Stores Downsize
May 16, 2023  |  Retail

Inspired by Macy’s, Century 21, the department store chain celebrated for its deeply discounted designer clothing, is staging a comeback following its closure in 2020....

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Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight
Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight
May 16, 2023  |  Retail

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Amazon to Add Generative AI to Marketplace Search
Amazon to Add Generative AI to Marketplace Search
May 15, 2023  |  Amazon

Amazon is reportedly looking to add generative artificial intelligence (AI) to its search function. Get the Full Story Complete the form to unlock this article and...

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