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.

Mercado Libre Acquires POS Provider Redelcom 
Mercado Libre Acquires POS Provider Redelcom 
December 16, 2021  |  Acquisitions

The Latin American eCommerce giant Mercado Libre says it has acquired Redelcom, a Chilean payments service provider. Get the Full Story Complete the form to...

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AI eCommerce Tech Firm Rokt Raises $325M at $1.95B Valuation
AI eCommerce Tech Firm Rokt Raises $325M at $1.95B Valuation
December 16, 2021  |  Investments

Artificial intelligence (AI) eCommerce technology platform Rokt closed a $325 million Series E funding round at a $1.95 billion valuation, with funding led by Tiger...

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Steps to Simplifying Checkout, November Retail Sales Slump
Steps to Simplifying Checkout, November Retail Sales Slump
December 16, 2021  |  Today In Data

PayPal is relying on trust, choice, ease and fast approvals to streamline the online checkout process. Plus, a dip in department store and electronics purchases...

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Boohoo: Profits Slammed by Returns and Freight Costs
Boohoo: Profits Slammed by Returns and Freight Costs
December 16, 2021  |  Retail

U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain...

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Global Merchants Use Payments to Make Online Shoppers Feel at Home
Global Merchants Use Payments to Make Online Shoppers Feel at Home
December 16, 2021  |  Cross-border 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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Thrasio Adds Product Development, Launch Capabilities to Acquisition Expertise
Thrasio Adds Product Development, Launch Capabilities to Acquisition Expertise
December 15, 2021  |  Partnerships / Acquisitions

On Wednesday (Dec. 15), third-party aggregator Thrasio Holdings, Inc. — which boasts more than $1 billion in annual revenue and more than 200 brands under...

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Neiman Marcus Could Split Into Three Businesses
Neiman Marcus Could Split Into Three Businesses
December 15, 2021  |  Retail

Neiman Marcus could split into three different businesses as part of a corporate restructuring that would separate its website from its brick-and-mortar stores. Get the...

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eCommerce Platform Shopping.io Launches NFT Collection Shopverse
eCommerce Platform Shopping.io Launches NFT Collection Shopverse
December 15, 2021  |  NFTs

Shopping.io, the first eCommerce platform to enable users to buy from hubs using over 200 cryptocurrencies, is expanding its product catalog and rolling out its...

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Buy Now Pay Later Moves to the Browser in the UK
Buy Now Pay Later Moves to the Browser in the UK
December 15, 2021  |  BNPL

A new collaboration between U.K.-based buy now, pay later (BNPL) platform Butter and Nasdaq-listed global web innovator Opera will enable U.K.-based shoppers and Opera’s 380...

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