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 Orders, Revenues Climb as Company Prepares IPO

Instacart Orders, Revenues Climb as Company Prepares IPO
Instacart Orders, Revenues Climb as Company Prepares IPO
August 22, 2022  |  eCommerce

Instacart has seen an increase in revenues and orders in the second quarter, with shoppers continuing to embrace online grocery delivery as the company prepares...

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AI Turns SCA Into Opportunity for eCommerce Checkout Improvement
AI Turns SCA Into Opportunity for eCommerce Checkout Improvement
August 22, 2022  |  Authentication

In the context of eCommerce, strong customer authentication (SCA) refers to the steps merchants need to put in place to confirm that the person making...

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Walmart Book Club Launches New Chapter for Retail Giant’s Book Dept
Walmart Book Club Launches New Chapter for Retail Giant’s Book Dept
August 22, 2022  |  Retail

Calling it the “next chapter” for its book department, Walmart has launched the Walmart Book Club, the retail goliath announced Monday (Aug. 22). Get the...

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Furniture, Large Home Goods B2B Platform GigaCloud Closes $41M IPO
Furniture, Large Home Goods B2B Platform GigaCloud Closes $41M IPO
August 22, 2022  |  IPO

Large-parcel B2B eCommerce platform GigaCloud Technology has closed a $41 million initial public offering (IPO) as well as a full over-allotment option of about 3.4...

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Walmart, Target, Kohl’s Look to Cut Amazon’s Apparel Lead
Walmart, Target, Kohl’s Look to Cut Amazon’s Apparel Lead
August 22, 2022  |  Retail

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Chinese Online Marketplace Pinduoduo Expands to US
Chinese Online Marketplace Pinduoduo Expands to US
August 22, 2022  |  eCommerce

Mostly known in China for connecting agriculture products to consumers, eCommerce marketplace Pinduoduo is reportedly expanding its platform globally, with the first launch in the...

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Merchants’ Digital Shopping Features Losing Fight Against Friction in Mexico
Merchants’ Digital Shopping Features Losing Fight Against Friction in Mexico
August 22, 2022  |  Shopping

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Stripe Lays Off Some TaxJar Employees
Stripe Lays Off Some TaxJar Employees
August 21, 2022  |  Personnel

Digital payments platform Stripe has reportedly laid off some employees who worked at tax compliance startup TaxJar, which it acquired in 2021. Get the Full...

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Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
Nigerian B2B eCommerce Firm Omnibiz Raises $15M, Plans to Expand
August 19, 2022  |  B2B Payments

Nigerian B2B eCommerce company Omnibiz has raised $15 million in a pre-Series A funding round and said it plans to expand further in the region....

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