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.

Ant Group Profit Falls 83% After China Tech Crackdown

Ant Group Profit Falls 83% After China Tech Crackdown
Ant Group Profit Falls 83% After China Tech Crackdown
February 23, 2023  |  Earnings

China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector.  Get the Full Story Complete the form to unlock this...

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Instacart Adds In-Store and Online Features to Platform for Grocers
Instacart Adds In-Store and Online Features to Platform for Grocers
February 23, 2023  |  Connected Economy

Instacart has launched new digital tools to help grocers provide connected experiences in-store and online. Get the Full Story Complete the form to unlock this...

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Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
February 23, 2023  |  Retail

This week in grocery, Amazon backs an online grocery startup, Giant leverages video and self-checkout evolves. Get the Full Story Complete the form to unlock this article...

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Mytheresa Sees Widening Gap Among Luxury Shoppers
Mytheresa Sees Widening Gap Among Luxury Shoppers
February 23, 2023  |  Retail

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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Alibaba’s Growth Slows Due to COVID Disruptions
Alibaba’s Growth Slows Due to COVID Disruptions
February 23, 2023  |  Retail

Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Etsy Continues Search Investments Following Record Revenue
Etsy Continues Search Investments Following Record Revenue
February 23, 2023  |  Retail

Etsy is continuing to upgrade its search function after seeing record revenue during the holidays. Get the Full Story Complete the form to unlock this...

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Amazon Prime, Walmart+ Subscription Battle May Be Decided by Younger Consumers
Amazon Prime, Walmart+ Subscription Battle May Be Decided by Younger Consumers
February 22, 2023  |  Subscriptions

The winner in the battle between Amazon Prime and Walmart+ for subscribers’ wallet share may be decided by younger consumers. Get the Full Story Complete the...

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Dick’s Snaps up Walmart’s Moosejaw to Expand Outdoor Offerings
Dick’s Snaps up Walmart’s Moosejaw to Expand Outdoor Offerings
February 22, 2023  |  Acquisitions

Dick’s Sporting Goods says it is buying Walmart-owned outdoor retailer Moosejaw. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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MikMak Plans to Acquire Fellow eCommerce Platform Swaven
MikMak Plans to Acquire Fellow eCommerce Platform Swaven
February 22, 2023  |  eCommerce

MikMak says it is going global by purchasing fellow eCommerce firm Swaven. Get the Full Story Complete the form to unlock this article and enjoy...

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