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.
Gen Z Is the Generation That Most Values Merchants’ Personalized Offers
Gen Z Is the Generation That Most Values Merchants’ Personalized Offers
January 24, 2024  |  Consumer Insights

While millennials value personalized offers from merchants and brands the most, as recently reported by PYMNTS Intelligence, Generation Z consumers value discounts less and are...

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Etsy Launches AI-Powered Shopping Tool for Selecting Gifts
Etsy Launches AI-Powered Shopping Tool for Selecting Gifts
January 24, 2024  |  Retail

Etsy has launched a hub that uses artificial intelligence (AI) and human curation to help shoppers find gifts for any occasion. The new Gift Mode...

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Ebay Cuts 9% of Staff Amid Rising Competition
Ebay Cuts 9% of Staff Amid Rising Competition
January 24, 2024  |  Retail

Online marketplace company eBay says it will lay off 9% of its workforce, citing a difficult macroeconomic environment. Those job cuts will affect about 1,000 full-time employees of the...

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Zalando Doubles Down on Luxury and Exclusivity to Capture High-Earner Potential 
Zalando Doubles Down on Luxury and Exclusivity to Capture High-Earner Potential 
January 23, 2024  |  Retail

Zalando, the European fashion and lifestyle eTailer, is elevating the “designer experience” on its website and app by introducing a luxury boutique-style space dedicated to...

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8 in 10 Consumers are Highly Satisfied With Online Marketplace Shopping
8 in 10 Consumers are Highly Satisfied With Online Marketplace Shopping
January 23, 2024  |  eCommerce

The convenience of shopping from the comfort of one’s home has led to the growing popularity of online marketplaces among consumers. As detailed in “The...

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Manchester United Partners With SCAYLE as Sports Teams Launch D2C Channels
Manchester United Partners With SCAYLE as Sports Teams Launch D2C Channels
January 23, 2024  |  Partnerships

With pro sports teams around the globe launching direct-to-consumer (D2C) platforms to build more immediate relationships with their fans, Manchester United is partnering with SCAYLE...

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Temu Gains Following Among Older eCommerce Shoppers 
Temu Gains Following Among Older eCommerce Shoppers 
January 23, 2024  |  eCommerce

Temu has reportedly defied expectations by attracting a significant number of baby boomers and Generation X shoppers in the United States.  Contrary to its reputation as...

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Adobe Taps Nuvei to Expand eCommerce Payment Options
Adobe Taps Nuvei to Expand eCommerce Payment Options
January 23, 2024  |  Partnerships

Canadian FinTech company Nuvei has formed a new global partnership with Adobe to enhance eCommerce payments. Through its integration with Adobe Commerce, Nuvei’s full payment...

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Walmart Shuts Down Innovation Lab as Retailers See Tech Bets Eat Into Margins
Walmart Shuts Down Innovation Lab as Retailers See Tech Bets Eat Into Margins
January 23, 2024  |  Walmart

With the race for retailers’ digital presences growing more competitive each year, demanding more resources, Walmart is reportedly axing its Store No. 8 innovation hub...

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