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.

Easter Spending Projected to Hit Record $24 Billion
Easter Spending Projected to Hit Record $24 Billion
March 20, 2023  |  Retail

Americans will spend a record $24 billion on Easter this year despite ongoing economic pressures. Get the Full Story Complete the form to unlock this...

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Amazon Plans 9K New Job Cuts
Amazon Plans 9K New Job Cuts
March 20, 2023  |  Amazon

Amazon is set to lay off 9,000 employees, the latest in an on-going series of job cuts. Get the Full Story Complete the form to...

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Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
March 20, 2023  |  Retail

China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. Get the Full Story Complete the form to unlock this article and...

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Small Retailers Fall Behind Enterprises in Digital Features and Shopping Experiences
Small Retailers Fall Behind Enterprises in Digital Features and Shopping Experiences
March 20, 2023  |  Retail

According to new research, small and medium-sized businesses (SMBs) must embrace the shift to digital features more deeply if they hope to stay relevant and...

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Rite Aid Teams With Amazon to Offer 2-Hour Delivery
Rite Aid Teams With Amazon to Offer 2-Hour Delivery
March 20, 2023  |  Retail

Amazon has added another retailer to its stable of home-delivery partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Small Merchants Focus on Digital to Capture Sales From Enterprise Rivals
Small Merchants Focus on Digital to Capture Sales From Enterprise Rivals
March 20, 2023  |  SMBs

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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PhonePe Raises $200 Million From Former Parent Walmart
PhonePe Raises $200 Million From Former Parent Walmart
March 19, 2023  |  Fintech Investments

India’s FinTech platform PhonePe has raised another $200 million, this time with the help of Walmart. Get the Full Story Complete the form to unlock...

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Consumer Sentiment Slipped in March Before SVB Failure
Consumer Sentiment Slipped in March Before SVB Failure
March 17, 2023  |  Economy

Consumer sentiment about the economy and their finances slipped in March but remained higher than a year ago. Get the Full Story Complete the form...

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DoorDash Expands Grocery Offerings as Supermarkets Tap Robotics
DoorDash Expands Grocery Offerings as Supermarkets Tap Robotics
March 17, 2023  |  Retail

This week in grocery, DoorDash adds merchants, and Co-op taps delivery robotics and retailers automate inventory. Get the Full Story Complete the form to unlock this article...

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