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.

Amazon Acquires Online Business Management Startup Veeqo
Amazon Acquires Online Business Management Startup Veeqo
March 08, 2022  |  Amazon Acquisitions

Amazon acquired Veeqo, an eCommerce software company that makes tools to help online businesses sell products on and off Amazon, in November but did not...

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Today in Retail: Swiftly Raises $100M in Series B Round; thredUP’s Record Revenues Aren’t Enough to Convince Investors
Today in Retail: Swiftly Raises $100M in Series B Round; thredUP’s Record Revenues Aren’t Enough...
March 08, 2022  |  Retail

Today in retail, Dollar General releases a banking option and tests buy now, pay later (BNPL), while Fanatics launches Zerocool trading cards as its expansion...

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TrueCar Launches Online Car-Buying Platform TrueCar+
TrueCar Launches Online Car-Buying Platform TrueCar+
March 08, 2022  |  eCommerce

Online car retailer TrueCar, Inc., unveiled its online car-buying platform, TrueCar+, according to a Tuesday (March 8) company press release. Get the Full Story Complete...

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thredUp Posts Record Revenues but Struggles to Get Investors to Believe in Resale
thredUp Posts Record Revenues but Struggles to Get Investors to Believe in Resale
March 08, 2022  |  Earnings

Fourth-quarter 2021 earnings numbers looked largely positive for resale platform thredUP Monday (March 7), but investors — and even CEO and Co-Founder James Reinhart —...

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eCommerce Tumbles for Dick’s Sporting Goods
eCommerce Tumbles for Dick’s Sporting Goods
March 08, 2022  |  Retail

Shoppers’ return to their local Dick’s Sporting Goods store took a bite out of the omnichannel sporting goods retailer’s eCommerce business — both for the...

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American Express on How 3D Secure 2.0 Threads the Needle Between Fraud Protection and Customer Convenience
American Express on How 3D Secure 2.0 Threads the Needle Between Fraud Protection and Customer...
March 08, 2022  |  Fraud Prevention

The first iteration of 3D Secure was hailed as a online fraud game-changer, but its effectiveness came at the cost of consumer convenience — and,...

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Amazon Now Ahead of Walmart in Share of Retail Spending New PYMNTS Data Show
Amazon Now Ahead of Walmart in Share of Retail Spending New PYMNTS Data Show
March 07, 2022  |  Retail

It took over a decade to do it, but new data from PYMNTS confirm that Amazon ended 2021 with a larger share of U.S. retail...

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Walmart-Owned Massmart Reports $290M+ Loss, Turns To Growing eCommerce Business
Walmart-Owned Massmart Reports $290M+ Loss, Turns To Growing eCommerce Business
March 07, 2022  |  Earnings

South Africa-based retail group Massmart Holdings said on Monday (March 7) that it was still feeling the severe impact of a July 2021 civil unrest...

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Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards Talent; CredAvenue is India’s Fastest Growing Unicorn 
Today in FinTech: Collab Brings Perks; Canada’s Loanz Heads to US; AutoFi Funding Goes Towards...
March 07, 2022  |  Fintech Investments

In today’s FinTech news, J.P. Morgan tells PYMNTS that there are many benefits buyers and sellers can realize when they collaborate, while Canadian FinTech lender...

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