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.

eCommerce Aggregator Model Gets Makeover With Brand Building and Logistics
eCommerce Aggregator Model Gets Makeover With Brand Building and Logistics
July 21, 2022  |  eCommerce

When big eCommerce aggregator Thrasio hit a wall earlier this year, it revealed a weakness in the strategy of rolling up promising sellers and brands...

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South Korea Is an eCommerce Eden for Those Fluent in Local Payments
South Korea Is an eCommerce Eden for Those Fluent in Local Payments
July 21, 2022  |  eCommerce

Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization....

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Today in the Connected Economy: Google Tests Augmented Reality in the Real World
Today in the Connected Economy: Google Tests Augmented Reality in the Real World
July 20, 2022  |  Connected Economy

Today in the connected economy, Google says it is getting ready to test a new augmented reality device later this summer. Also, Netflix tries to...

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FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
FreshDirect Mines Decades of Delivery Data as Grocery Newcomers Come and Go
July 20, 2022  |  eCommerce

The online grocery space has matured rapidly since March 2020, with an influx of new customers both driving sales for incumbents in the space and...

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Indian Manufacturer Grasim to Build B2B eCommerce Platform
Indian Manufacturer Grasim to Build B2B eCommerce Platform
July 20, 2022  |  B2B Payments

Indian manufacturing company Grasim Industries says it will spend 2,000 crore ($25 million) over the next five years to build a B2B eCommerce platform for...

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Flip Raises $60M at $500M Valuation to Expand Discovery eCommerce Platform
Flip Raises $60M at $500M Valuation to Expand Discovery eCommerce Platform
July 20, 2022  |  Retail

Discovery eCommerce startup Flip raised $60M in a Series B funding round that puts its valuation at $500 million as the company expands its social...

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Basis Vectors Adds Digital Commerce Cloud Platform CommerceV3 to Portfolio
Basis Vectors Adds Digital Commerce Cloud Platform CommerceV3 to Portfolio
July 20, 2022  |  Acquisitions

B2B Software-as-a-Service (SaaS)-focused private equity and technology firm Basis Vectors has acquired digital commerce cloud platform Commerce V3, according to a Wednesday (July 20) press...

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Digital Commerce Surge Continues to Dominate the 2022 Agenda
Digital Commerce Surge Continues to Dominate the 2022 Agenda
July 20, 2022  |  Opinion

Simone Lavicka, head of strategy, marketing and sales enablement at Digital Commerce at Worldline, writes  in the PYMNTS eBook “Baseline 2022: What the Next Six...

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Wish, Collect+ Partner on Click and Collect Initiative
Wish, Collect+ Partner on Click and Collect Initiative
July 20, 2022  |  Retail

eCommerce marketplace Wish has teamed up with the United Kingdom’s largest retail parcel network, Collect+, to simplify and accelerate the pick up, delivery and return...

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