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.
Report: eCommerce Firm Floward Preparing for IPO in Saudi Arabia
Report: eCommerce Firm Floward Preparing for IPO in Saudi Arabia
November 22, 2023  |  IPO

Floward, a Middle Eastern eCommerce firm, is reportedly working with Goldman Sachs Group and HSBC Holdings for a planned initial public offering (IPO) in Saudi Arabia.  The company, which...

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Birdseye Raises $3 Million to Back AI-Powered eCommerce Efforts
Birdseye Raises $3 Million to Back AI-Powered eCommerce Efforts
November 22, 2023  |  Investments

eCommerce-focused AI firm Birdseye has raised $3 million to help retailers launch “hyper-personalized” campaigns. The Toronto-based company announced the seed funding Wednesday (Nov. 22), saying it would use the...

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Uber Eats Partners With Big Lots as Aggregators Expand Retail Presence
Uber Eats Partners With Big Lots as Aggregators Expand Retail Presence
November 22, 2023  |  Aggregators

Uber Eats is stepping up its non-restaurant offerings, getting into discount retail with its new partnership with Big Lots. Uber announced the aggregator’s addition of the retail...

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Relay Raises $10 Million to Expand Delivery Service Across UK
Relay Raises $10 Million to Expand Delivery Service Across UK
November 22, 2023  |  Investments

Relay raised $10 million in seed funding to expand its delivery service for retailers across the United Kingdom. “We began Relay with a vision to overhaul...

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TikTok Looks to GoTo to Jumpstart Indonesian eCommerce Business
TikTok Looks to GoTo to Jumpstart Indonesian eCommerce Business
November 22, 2023  |  eCommerce

TikTok is reportedly turning to GoTo to revive its crucial Indonesian eCommerce business. The two firms are working on a plan — which could be finalized in the next few...

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DoorDash Expands Alcoholic Beverage Delivery as Aggregators Push for Booze Spending
DoorDash Expands Alcoholic Beverage Delivery as Aggregators Push for Booze Spending
November 21, 2023  |  Delivery

DoorDash is making beer, wine and spirits delivery available to more locations, as across the industry, leading aggregators compete for consumers’ alcoholic beverage spending. The...

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Dick’s Sporting Goods Says Omnichannel Shoppers Spend Twice as Much
Dick’s Sporting Goods Says Omnichannel Shoppers Spend Twice as Much
November 21, 2023  |  Retail

Athletes who shop through multiple channels are driving sales growth at Dick’s Sporting Goods. “Omnichannel athletes make up the majority of our sales, and they...

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Taco Bell CDO: Short-Term Subscriptions Drive Long-Term Loyalty
Taco Bell CDO: Short-Term Subscriptions Drive Long-Term Loyalty
November 21, 2023  |  Subscriptions

As restaurants tinker with ways that they can use subscriptions to boost customer loyalty, Taco Bell is finding that offering short-term menu item “passes” can...

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Amex, Amazon Tie-Up Helps Point the Way Toward Rewards ‘Ubiquity’ 
Amex, Amazon Tie-Up Helps Point the Way Toward Rewards ‘Ubiquity’ 
November 21, 2023  |  Loyalty & Rewards

Ubiquity is what we all want in a rewards program. Ubiquity allows consumers to redeem rewards for the value — the goods and services —...

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