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.

Mercado Libre Boosts Its Billion-Dollar Brazil Investment
Mercado Libre Boosts Its Billion-Dollar Brazil Investment
March 22, 2022  |  Investments

South American eCommerce firm Mercado Libre is boosting its investment in Brazil by 70% this year, planning to spend 17 billion reais ($3.44 billion), as...

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Netflix Launching New Mobile Games This Month
Netflix Launching New Mobile Games This Month
March 22, 2022  |  Subscription Commerce

Streaming giant Netflix on Tuesday (March 22) announced the release of several new Netflix Games on Android and iOS devices, available free to all subscribers...

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SHEIN Solidifying Fast-Fashion Lead Over Amazon, Rivals
SHEIN Solidifying Fast-Fashion Lead Over Amazon, Rivals
March 22, 2022  |  Retail

The world’s top apparel seller isn’t Amazon, AliExpress or Walmart. As of the latest PYMNTS Provider Ranking of Shopping Apps, the enigmatic brand SHEIN is...

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Reach Snags $30M to Boost eCommerce Payments
Reach Snags $30M to Boost eCommerce Payments
March 22, 2022  |  Investments

Global eCommerce payments enabler Reach has secured $30 million in a fundraising round that it plans to use to build its global customer base for...

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Nike Building ‘Marketplace of the Future,’ With More D2C and Fewer Markdowns
Nike Building ‘Marketplace of the Future,’ With More D2C and Fewer Markdowns
March 22, 2022  |  Retail

To hear CEO John Donahoe tell it, Nike is doing what it always does, staying on the offense. Get the Full Story Complete the form...

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Digital River Announces Ex-Airline Exec Keith Bush as CFO
Digital River Announces Ex-Airline Exec Keith Bush as CFO
March 22, 2022  |  Personnel

Digital River, a global commerce enabler for established and growing brands, has hired a new chief financial officer (CFO) in Keith Bush, according to a...

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Amazon Scrambles as Reliance Industries Gets More Aggressive With Future Acquisition
Amazon Scrambles as Reliance Industries Gets More Aggressive With Future Acquisition
March 21, 2022  |  International

Amazon remains locked in a protracted legal battle with Reliance Industries to control the fate of Future Group and gain the lion’s share of India’s...

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Today in FinTech: Euroclear Backs Fnality; Recharge.com Grows Footprint; Rate Hike Could Help Legacy Banks
Today in FinTech: Euroclear Backs Fnality; Recharge.com Grows Footprint; Rate Hike Could Help Legacy Banks
March 21, 2022  |  Fintech Investments

In today’s FinTech news, Euroclear has invested in blockchain payments consortium Fnality, while Recharge.com is expanding its gift card offerings to the land Down Under....

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Chinese eCommerce Platform Pinduoduo Posts Increase in Net Income
Chinese eCommerce Platform Pinduoduo Posts Increase in Net Income
March 21, 2022  |  Earnings

Chinese eCommerce startup Pinduoduo, which is also China’s largest agriculture platform, reported a 3% increase in revenue for the fourth quarter and a 46% increase...

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