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.

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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Weee Leverages Automation to Drive Affinity Amid Grocery Inflation
Weee Leverages Automation to Drive Affinity Amid Grocery Inflation
March 21, 2022  |  eCommerce

Today’s online grocers are in a difficult position, with two competing trends pulling them in opposite directions. Get the Full Story Complete the form to...

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Trust Payments Intros Stor eCommerce Platform for SMBs
Trust Payments Intros Stor eCommerce Platform for SMBs
March 21, 2022  |  eCommerce

Georgia-based frictionless payments FinTech Trust Payments has introduced Stor, an eCommerce platform for small and medium-sized businesses (SMBs), the company announced Monday (March 21). Get...

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B2B eCommerce Platform Powered by People Raises $5M
B2B eCommerce Platform Powered by People Raises $5M
March 21, 2022  |  Investments

Kenya-based B2B eCommerce platform Powered by People is a bit more powerful these days. Get the Full Story Complete the form to unlock this article...

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