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.

Walmart-Owned Massmart Reports $290M+ Loss, Turns To Growing eCommerce Business

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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Citcon Brings eCommerce Payments to South Korea, Japan
Citcon Brings eCommerce Payments to South Korea, Japan
March 07, 2022  |  eCommerce

California-based Citcon, a mobile wallet payment provider, has expanded its global footprint to South Korea and Japan, the company announced Monday (March 7). Get the...

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Average Marketplace Seller Waits 3.3 Days to Get Paid
Average Marketplace Seller Waits 3.3 Days to Get Paid
March 07, 2022  |  B2B Payments

Many small sellers rely on digital marketplaces to stay afloat. Still, they face an ongoing challenge when it comes to promptly receiving the sales proceeds...

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Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
Automotive eCommerce Firm AutoFi Closes $85M in Financing to Accelerate Growth
March 07, 2022  |  Investments

AutoFi, a San Francisco-based eCommerce platform for online car sales and financing, has closed $85 million in funding, valuing the company at nearly $700 million,...

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Hands-On Approach Helps Indian Firm Convince Consumers to Go Cashless
Hands-On Approach Helps Indian Firm Convince Consumers to Go Cashless
March 07, 2022  |  Connected Economy

It’s become conventional wisdom to assume that the pandemic has made us all experts in digital commerce, navigating our devices with aplomb, clicking and buying...

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eCommerce Firm ESW Weighing $4B IPO
eCommerce Firm ESW Weighing $4B IPO
March 04, 2022  |  IPO

eCommerce specialist ESW is weighing an initial public offering (IPO) that could value the firm in the neighborhood of $4 billion. Get the Full Story...

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Costco Competes With Itself on Price via Unusual ‘Jewelry and Tires’ Product Mix
Costco Competes With Itself on Price via Unusual ‘Jewelry and Tires’ Product Mix
March 04, 2022  |  Retail

In an industry that typically compares apples and oranges, it’s not every day you hear a major retailer discuss the relative strength of its “jewelry...

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GameStop Appoints FinTech Legal Vet Cindy Yang from Duane Morris
GameStop Appoints FinTech Legal Vet Cindy Yang from Duane Morris
March 04, 2022  |  Personnel

GameStop appointed Duane Morris FinTech attorney Cindy Yang as vice president and assistant general counsel as the company continues its move from a brick-and-mortar video...

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