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.

Today in Retail: Black Friday Shoppers Flock to Amazon; Online Shopping Critical for COVID-Weary Retailers
Today in Retail: Black Friday Shoppers Flock to Amazon; Online Shopping Critical for COVID-Weary Retailers
November 29, 2021  |  Retail

In today’s top retail news, Cyber Monday deals are few and far between as retailers spread their holiday promotions across several weeks, while PYMNTS data...

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After 16 Years, Does Cyber Monday Even Make Sense Anymore?
After 16 Years, Does Cyber Monday Even Make Sense Anymore?
November 29, 2021  |  Retail

When the National Retail Federation unveiled the “Cyber Monday” concept to the world in 2005, it was a well-intentioned retail strategy designed to not only...

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Cyber Monday Shoppers Find Fewer Online Deals
Cyber Monday Shoppers Find Fewer Online Deals
November 29, 2021  |  Retail

U.S. retailers are bracing for a slower sales pace on Cyber Monday, in large part because shoppers are finding fewer and smaller discounts and limited...

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Amazon to Take Top Package Delivery Spot From Rivals FedEx, USPS, UPS
Amazon to Take Top Package Delivery Spot From Rivals FedEx, USPS, UPS
November 29, 2021  |  Amazon Delivery

Move over UPS, FedEx and USPS. By early next year, Amazon will be the largest delivery service in the U.S., according to Amazon CEO of...

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Bolt Acquires Tipser to Drive Rollout of Remote Checkout
Bolt Acquires Tipser to Drive Rollout of Remote Checkout
November 29, 2021  |  Acquisitions

Shopper network startup Bolt closed a deal to acquire embedded commerce platform Tipser for undisclosed terms. The acquisition, Bolt’s first, will drive both firms’ shared...

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Amazon Proves Logistics Is Key to Increasing Online Sales, Market Share
Amazon Proves Logistics Is Key to Increasing Online Sales, Market Share
November 29, 2021  |  Retail

In the jockeying between retailers, not just during the all-important holiday season but well beyond the end of December, the battle of giants usually comes...

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Amazon Doubles Fulfillment Network to Fast-Track Holiday Delivery
Amazon Doubles Fulfillment Network to Fast-Track Holiday Delivery
November 29, 2021  |  Delivery

Amazon is ready to deliver for the holidays after nearly doubling the number of its fulfillment centers to more than 930 facilities across the country,...

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Flutterwave Marketplace Helps Africa’s Small Businesses Reach New Buyers
Flutterwave Marketplace Helps Africa’s Small Businesses Reach New Buyers
November 29, 2021  |  eCommerce

In a move to scale small and medium-sized business (SMB) growth, Flutterwave, Africa’s leading payments technology company, has announced the launch of its new eCommerce...

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Tencent Opens WeChat to Alibaba, Other Social Media Rivals 
Tencent Opens WeChat to Alibaba, Other Social Media Rivals 
November 29, 2021  |  International

Tencent Holdings Ltd. is opening its WeChat groups and will soon allow Alibaba’s Tmall and Taobao, among other social media rivals, to display their own...

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