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.

Alibaba Weighs Fundraise for Its Freshippo Supermarkets at $10B Valuation
Alibaba Weighs Fundraise for Its Freshippo Supermarkets at $10B Valuation
January 14, 2022  |  Investments

Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan....

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Sezzle on Using AI, ML Tools to Remove Fraud From the BNPL Equation
Sezzle on Using AI, ML Tools to Remove Fraud From the BNPL Equation
January 14, 2022  |  Fraud Prevention

Letting advanced algorithms to take the lead on security can keep fraud from derailing the BNPL experience. In the Digital Fraud Tracker, Sezzle CEO Charlie...

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Amazon Private Brand Aggregator Thrasio Investing $500M for India Expansion
Amazon Private Brand Aggregator Thrasio Investing $500M for India Expansion
January 14, 2022  |  eCommerce

Amazon private brands aggregator Thrasio Holdings is planning to invest over $500 million to enter the marketplace in India following the acquisition of India’s direct-to-consumer...

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Fraud Control Is Switching Slant to Digital Enablement and Frustrating Fraudsters With Data
Fraud Control Is Switching Slant to Digital Enablement and Frustrating Fraudsters With Data
January 14, 2022  |  Security & Fraud

Is nothing sacred? Not to cyberthieves. The 2021 holiday shopping season was likely the most digitally secure in history, but that didn’t stop baddies from...

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Flexible Financing Options Expands BNPL’s Horizons During the Year of ‘More’
Flexible Financing Options Expands BNPL’s Horizons During the Year of ‘More’
January 14, 2022  |  Buy Now Pay Later

Just a few years ago, buy now, pay later (BNPL) was a plucky new payment method used mostly to purchase clothing and accessories in painless...

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Firmly to Use the Bank of London’s 1-Click Checkout
Firmly to Use the Bank of London’s 1-Click Checkout
January 13, 2022  |  Merchant Innovation

The Bank of London has granted a non-exclusive license of its one-click checkout patent to the Seattle-based company Firmly, with an eye toward helping ad-to-checkout...

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Visa US Spending Momentum Index Finishes 2021 Strong
Visa US Spending Momentum Index Finishes 2021 Strong
January 13, 2022  |  VISA

Visa’s U.S. Spending Momentum Index (SMI) for December stands at 108.4, making it the strongest reading for that month since the start of the index,...

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Today in Food Commerce: Instacart Launches Meal Hub; Grocers Struggle With Shortages
Today in Food Commerce: Instacart Launches Meal Hub; Grocers Struggle With Shortages
January 13, 2022  |  ResTech

Today in food commerce, Instacart battles restaurant aggregators, while grocery shoppers grow frustrated with empty shelves. Plus, investors back solutions that allow restaurants to take...

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Consumer Frustration with Out-of-Stocks Presents eGrocery Opportunity
Consumer Frustration with Out-of-Stocks Presents eGrocery Opportunity
January 13, 2022  |  Retail

Once again, United States grocery shortages are making headlines, and consumers growing frustrated with these out-of-stocks. Weather events, COVID-19 surges, and consequent labor challenges, among...

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