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.
Most Consumers Retain Clothing Subscriptions, Data Shows
Most Consumers Retain Clothing Subscriptions, Data Shows
December 14, 2023  |  Subscriptions

In the last year and a half, due to persistent inflation and consumers going back to normal life post-pandemic, retail product subscription levels have dropped...

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Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
Indian eCommerce Company Udaan Notches $340 Million in Series E to Ready IPO
December 14, 2023  |  Investments

Indian B2B eCommerce firm Udaan has raised $340 million as it prepares to go public. The company plans to use the new funding to bolster its supply chain and...

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Buy Now Pay Later Helped Boost November Retail and Restaurant Sales
Buy Now Pay Later Helped Boost November Retail and Restaurant Sales
December 14, 2023  |  Economy

The headlines across various media outlets in the wake of the latest retail sales report zeroed in on the fact that the expectations had been...

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Decision Brief: Online Seller’s Guide to Advanced Authentication Techniques
Decision Brief: Online Seller’s Guide to Advanced Authentication Techniques
December 14, 2023  |  Authentication

Introduction: Online sellers are consistently grappling with the delicate balance of upholding robust security measures while providing customers with a seamless shopping experience. Central to...

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Consumers Push Back on Auto-Refill Unless It’s Simple and Flexible
Consumers Push Back on Auto-Refill Unless It’s Simple and Flexible
December 14, 2023  |  Subscriptions

The auto-refill economy can turn retail subscriptions into essential mainstays of the household. And the right approach, as Bean Box CEO Matthew Berk and HomeLife...

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Amazon’s ‘Your Books’ Lets Customers View Reading History, Recommends Titles
Amazon’s ‘Your Books’ Lets Customers View Reading History, Recommends Titles
December 13, 2023  |  Amazon

Amazon’s latest offering harkens back to its roots as a bookseller. The company’s Your Books feature, announced Wednesday (Dec. 13), lets users explore all their...

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Etsy Cuts 11% of Workforce as Sales Remain ‘Essentially Flat’
Etsy Cuts 11% of Workforce as Sales Remain ‘Essentially Flat’
December 13, 2023  |  Personnel

Etsy is laying off 225 employees — about 11% of its workforce — and restructuring its executive team. The move is meant to help the...

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Airwallex and Woo Team to Simplify Cross-Border eCommerce
Airwallex and Woo Team to Simplify Cross-Border eCommerce
December 13, 2023  |  eCommerce

Payments platform Airwallex has launched a partnership with eCommerce platform Woo. The collaboration makes Airwallex an official payment extension of Woo, letting the platform’s 3.5 million stores accept cross-border payments...

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British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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