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.

Universal Commerce API Startup Rutter Nets $27M to Build ‘Plaid for Commerce’
Universal Commerce API Startup Rutter Nets $27M to Build ‘Plaid for Commerce’
March 15, 2022  |  Investments

Rutter, which is building a universal commerce API, has raised $27 million in a Series A funding round, a press release said Tuesday (March 15)....

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Netherlands-Based eMarketplace ChannelEngine Gets $49.8M for Expansion
Netherlands-Based eMarketplace ChannelEngine Gets $49.8M for Expansion
March 15, 2022  |  Investments

ChannelEngine, the online marketplace integration platform, has closed a Series B funding round for 45.5 million euros ($49.8 million), according to a press release. Get...

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Today in Food Commerce: Restaurant Robotics Company Announces $81M Series B; Grocery Gains eCommerce Share
Today in Food Commerce: Restaurant Robotics Company Announces $81M Series B; Grocery Gains eCommerce Share
March 15, 2022  |  Commerce

Today in food commerce, Bear Robotics boosts the total funding for its automated server solutions to $117 million, and data reveal that the share of...

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China COVID-19 Lockdowns Likely to Delay Amazon, Walmart Online Orders
China COVID-19 Lockdowns Likely to Delay Amazon, Walmart Online Orders
March 15, 2022  |  Coronavirus

Amazon and Walmart customers are likely to face delays due to COVID restrictions in some of China’s major manufacturing hubs, according to an industry trade...

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Today in Retail: Gorillas’ Deal for Frichti Continues Ultrafast Grocery Sector Consolidation; Katapult Upgrading Platform
Today in Retail: Gorillas’ Deal for Frichti Continues Ultrafast Grocery Sector Consolidation; Katapult Upgrading Platform
March 15, 2022  |  Retail

Today in retail, a direct-to-consumer toothpaste startup finds its audience, while Macy’s is overhauling its website and focusing on customized shopping experiences. Plus, Walmart Global...

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U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases 
U.S. Consumers Made $1.7T in Pandemic eCommerce Purchases 
March 15, 2022  |  eCommerce

U.S. consumers spent $1.7 trillion online from March 2020 to February 2022, Adobe announced during the kickoff of the Adobe Summit on Tuesday (March 15)....

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Macy’s Will Revamp Website, Turn Employees Into Stylists
Macy’s Will Revamp Website, Turn Employees Into Stylists
March 15, 2022  |  Retail

Macy’s plans to overhaul its website and train some employees to become personal stylists in an attempt to offer more customized shopping. Get the Full...

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Bazaar Raises $70M in Pakistan’s Second-Largest Funding Round
Bazaar Raises $70M in Pakistan’s Second-Largest Funding Round
March 15, 2022  |  Investments

Bazaar Technologies, a B2B eCommerce startup based in Pakistan, has raised $70 million in what was the country’s second-largest funding round on record, according to...

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Webuy Snaps Up Group Buying Rival Chilibeli
Webuy Snaps Up Group Buying Rival Chilibeli
March 15, 2022  |  Acquisitions

Social eCommerce startup Webuy acquired its biggest rival, community group buying platform Chilibeli, for undisclosed terms, Asia Tech Daily reported on Tuesday (March 15). Both...

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