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.

Zara Parent Inditex Continues Digital Transition, Expects 30% eCommerce in 2024

Zara Parent Inditex Continues Digital Transition, Expects 30% eCommerce in 2024
Zara Parent Inditex Continues Digital Transition, Expects 30% eCommerce in 2024
March 16, 2022  |  Retail

Global clothing retailer Inditex, parent company of Zara, on Wednesday (March 16) in its 2021 full-year and fourth-quarter earnings presentation said it expects 30% of...

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Retail Returns Pivot From Costly Problem to Customer Loyalty Play
Retail Returns Pivot From Costly Problem to Customer Loyalty Play
March 16, 2022  |  Retail

It’s been said that the first step toward solving a problem is acknowledging you have one.  Get the Full Story Complete the form to unlock...

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Report: Embedded Finance Powers Supply Chains for Online Merchants
Report: Embedded Finance Powers Supply Chains for Online Merchants
March 16, 2022  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Payment Gateway Aggregator Provides Quick, Secure X-Border Payments for EU Merchants
Payment Gateway Aggregator Provides Quick, Secure X-Border Payments for EU Merchants
March 16, 2022  |  Cross Border Commerce

Retailers have long faced challenges in reducing customer payment friction while also maintaining high levels of security. Payment platforms, too, are focused on fraud prevention...

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Digitized Supply Chain Disrupts MENA Wholesale Industry, Boosts SMEs
Digitized Supply Chain Disrupts MENA Wholesale Industry, Boosts SMEs
March 16, 2022  |  Supply Chain

Business-to-business (B2B) wholesale eCommerce has been gaining traction in recent years, with the emergence of a growing number of online marketplaces that are helping retailers...

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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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