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.

Abercrombie & Fitch Facing Transition Period
Abercrombie & Fitch Facing Transition Period
May 24, 2022  |  Retail

Abercrombie & Fitch expects to close about 30 stores this year as it continues to focus on its transition to omnichannel retail sales, company officials...

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EU Parliament Meets Big Tech in Silicon Valley
EU Parliament Meets Big Tech in Silicon Valley
May 24, 2022  |  Big Tech

A delegation of the European Parliament met with executives from tech companies including Google, Meta, Apple, Airbnb, eBay, PayPal and Uber to discuss the latest...

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Customization Is the Future and the Growth Driver for Online Marketplaces
Customization Is the Future and the Growth Driver for Online Marketplaces
May 24, 2022  |  eCommerce

Marketplaces have proven their value over and over again by bringing consumers a wider variety of offers at better prices than they can find almost...

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Today in Retail: GameStop Launches Digital Asset Wallet for Jump Into Crypto, NFTs
Today in Retail: GameStop Launches Digital Asset Wallet for Jump Into Crypto, NFTs
May 23, 2022  |  Retail

Today in retail, GameStop rolls out a digital wallet as it gets into cryptocurrency and non-fungible tokens (NFTs). Plus, Wantable lets consumers choose when they...

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The Data Point: 98% of Businesses Say Automated AP Speeds Payables, Fuels Growth
The Data Point: 98% of Businesses Say Automated AP Speeds Payables, Fuels Growth
May 23, 2022  |  Accounts Payable

Growing payments volume is one sign of a healthy business, provided businesses can suitably service increasing mass-payout needs without crimping growth with legacy methods. Get...

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Paycheck-to-Paycheck Consumers Could Put Brakes on Replacing Their Aging Rides
Paycheck-to-Paycheck Consumers Could Put Brakes on Replacing Their Aging Rides
May 23, 2022  |  Economy

The fundamental principle of economics, of business in general, boils down to matching supply with demand. Get the Full Story Complete the form to unlock...

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To Meet Consumer Demand for Grocery Subscriptions, Merchants Must Rethink Pricing
To Meet Consumer Demand for Grocery Subscriptions, Merchants Must Rethink Pricing
May 23, 2022  |  Subscription Commerce

Subscription commerce may be a powerful tool for grocers to secure customer loyalty, but rising food costs stand in the way of merchants and their...

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Used Car Marketplace Sylndr Raises $12.6M
Used Car Marketplace Sylndr Raises $12.6M
May 23, 2022  |  Investments

Egyptian online used car marketplace Sylndr is looking to expand after raising $12.6 million in a pre-seed funding round. Get the Full Story Complete the...

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Revised Census Data Shows eCommerce Share Didn’t Plummet After All
Revised Census Data Shows eCommerce Share Didn’t Plummet After All
May 23, 2022  |  eCommerce

In 1986, Former President Ronald Regan said that the nine most terrifying words in the English language are, “I’m from the government, and I’m here...

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