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.

Vietnamese eCommerce Firm OpenCommerce Group Raises $7M
Vietnamese eCommerce Firm OpenCommerce Group Raises $7M
February 24, 2022  |  Investments

Vietnamese cross-border eCommerce company OpenCommerce Group (OCG) has raised $7 million in Series A funding round led by VNG, a media company that is Vietnam’s...

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German Delivery Platform Karla Raises $3.8M
German Delivery Platform Karla Raises $3.8M
February 24, 2022  |  Investments

German delivery startup Karla has raised $3.8 million in pre-seed funding, while also launching an app designed to optimize deliveries and provide transparency for eCommerce...

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Cart.com CEO: Sellers Need to Build Brands, Not Just Sell Products
Cart.com CEO: Sellers Need to Build Brands, Not Just Sell Products
February 24, 2022  |  Connected Economy

When talk turns to omnichannel versus multichannel, there can be an urge to change the channel. Brands looking to scale need to find a way...

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One-Size-Fits-All Solutions Fail to Keep Pace With Rising Payments Fraud
One-Size-Fits-All Solutions Fail to Keep Pace With Rising Payments Fraud
February 24, 2022  |  Fraud Prevention

Cybercrime is nothing if not varied. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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eBay Annual Active Buyers Decline by 9%
eBay Annual Active Buyers Decline by 9%
February 23, 2022  |  Earnings

EBay’s earnings results, announced after the market close on Wednesday, showed declines in low-value active buyers but gross merchandise value (GMV) was up compared to...

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Walmart Fulfillment Services Offers Discount, Free Storage to Third-Party Sellers
Walmart Fulfillment Services Offers Discount, Free Storage to Third-Party Sellers
February 23, 2022  |  Walmart

Walmart has announced it will be offering incentives to new Walmart Fulfillment Services (WFS) sellers, a company blog post said. Get the Full Story Complete...

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60% of Merchants Enable Digital Profiles for Consumers
60% of Merchants Enable Digital Profiles for Consumers
February 23, 2022  |  Retail

The number of merchants offering three cross-channel-capable features increased between 2020 and 2021, according to The 2022 Global Digital Shopping Index, a PYMNTS and Cybersource...

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Bosch Buys 26% Stake in India’s Autozilla
Bosch Buys 26% Stake in India’s Autozilla
February 23, 2022  |  B2B Payments

Electronics company Bosch has acquired a 26% stake in India’s Autozilla to expand into the country’s digital B2B auto parts aftermarket. Get the Full Story...

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Today in Retail: Home Improvement Remains Strong; TJX Overcomes Pandemic-Related Obstacles in Q4
Today in Retail: Home Improvement Remains Strong; TJX Overcomes Pandemic-Related Obstacles in Q4
February 23, 2022  |  Retail

Today in retail, Target is testing curbside returns and Starbucks order delivery, while Overstock’s stock price surges after the company’s blockchain-based trading platform gets an...

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