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.

Bolt Feels Revenue Pinch From Slashed Merchant Fees
Bolt Feels Revenue Pinch From Slashed Merchant Fees
April 29, 2022  |  Earnings

One-click checkout startup Bolt is feeling the revenue pinch after recently slashing merchant fees, The Information reported on Friday (April 29), citing internal documents it...

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India Launches Digital Marketplace to Compete With Amazon, Walmart’s Flipkart
India Launches Digital Marketplace to Compete With Amazon, Walmart’s Flipkart
April 28, 2022  |  eCommerce

India plans to debut an open network for digital commerce (ONDC), with the government trying to combat the dominance of U.S. companies, Reuters reported Thursday...

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Amazon Online Sales Decline 3% YOY, Sets Sights on Prime Day
Amazon Online Sales Decline 3% YOY, Sets Sights on Prime Day
April 28, 2022  |  Amazon

Sounding a bit like the pandemic is over and done, Amazon is talking of a return to “normal” patterns, as Prime growth continues despite some...

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B2B Cross-Border Tech Platform Geniemode Raises $28M in Series B
B2B Cross-Border Tech Platform Geniemode Raises $28M in Series B
April 28, 2022  |  Investments

B2B cross-border tech program Geniemode has raised $28 million in a Series B round, which it will use to expand further into international markets and...

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Digital Wholesale Marketplace Faire Expands to Australia
Digital Wholesale Marketplace Faire Expands to Australia
April 28, 2022  |  eCommerce

Online wholesale marketplace Faire has rolled out in Australia to independent brands and merchants, the platform’s first move outside of North America and Europe, according...

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Flipkart Boosts Sellers Through Faster Payments, Easier Onboarding
Flipkart Boosts Sellers Through Faster Payments, Easier Onboarding
April 28, 2022  |  eCommerce

Flipkart, the eCommerce company, has announced several policy changes, including cutting payment settlement cycles and low return costs, a report says. Get the Full Story...

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Pinterest Beta-Tests Shopping Service, Releases Developer API
Pinterest Beta-Tests Shopping Service, Releases Developer API
April 28, 2022  |  Earnings

Pinterest has released its financial results for the quarter, a company press release says, with goals for the next year focused on expanding investments and...

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African B2B Marketplace Kwely Grabs $1M in Seed Round
African B2B Marketplace Kwely Grabs $1M in Seed Round
April 27, 2022  |  Investments

African B2B marketplace Kwely Inc. on Monday (April 25) finalized a $1 million seed funding round with a $700,000 injection of fresh capital led by...

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Today in B2B: Raisin Bank Teams With Mondu on BNPL Tool; Small Businesses Need eCommerce Insurance
Today in B2B: Raisin Bank Teams With Mondu on BNPL Tool; Small Businesses Need eCommerce...
April 27, 2022  |  B2B Payments

Today in B2B payments, Raisin Bank partners with Mondu on a buy now, pay later (BNPL) solution for B2B merchants, while eCommerce sellers need insurance...

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