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.

Merchants Lose 2% of Sales Every Year to Return and Promotion Policy Abuse
Merchants Lose 2% of Sales Every Year to Return and Promotion Policy Abuse
November 22, 2021  |  Retail

Policy abuse can cause retailers to lose more than 2% of their revenue each year, and yet only 46% of firms use internal technology to...

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China’s DHgate Teams with Google to Drive Joint Marketing Solution
China’s DHgate Teams with Google to Drive Joint Marketing Solution
November 22, 2021  |  Partnerships / Acquisitions

China’s B2B cross-border eCommerce marketplace DHgate partnered with Google to launch a joint advertisement solution for the 2.3 million exporters selling on its marketplace. Get...

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Investors Drop $4.6M on Youth Fashion Platform TheDrop
Investors Drop $4.6M on Youth Fashion Platform TheDrop
November 22, 2021  |  Investments

TheDrop.com, a youth lifestyle marketplace platform, has raised $4.6 million through a Series A funding round, bringing the company’s total funding to $8.5 million. Get...

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Retailers Use AI to Build Trust in Secondhand Luxury, Sneaker Sales
Retailers Use AI to Build Trust in Secondhand Luxury, Sneaker Sales
November 22, 2021  |  Retail

There is nothing like searching online for a nice secondhand watch, handbag or pair of sneakers, only to have the item show up and turn...

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Deep Dive: How Payment Providers Can Make the Most of the Latin American Cross-Border Payments Opportunities
Deep Dive: How Payment Providers Can Make the Most of the Latin American Cross-Border Payments...
November 22, 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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Small Businesses Must Have Digital Tech To Win Black Friday Sales
Small Businesses Must Have Digital Tech To Win Black Friday Sales
November 22, 2021  |  SMBs

Shoppers in New York, Los Angeles, Chicago and Boston might notice a new art installation this holiday season featuring products from local businesses. But these...

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Shopping Bots See New Use During Holiday Season
Shopping Bots See New Use During Holiday Season
November 21, 2021  |  Retail

Shopping bots, which can search retail sites automatically, are the rise as a way to help parents shop for Christmas gifts in lieu of searching...

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Adobe Partners With Bolt to Add One-Click Checkout
Adobe Partners With Bolt to Add One-Click Checkout
November 21, 2021  |  B2B Payments

Retailers using Adobe eCommerce software tools will soon be able to add one-click checkout. Adobe has announced it will add this feature thanks to a...

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Today in Retail: Farfetch CEO Talks Reinventing Luxury Retail; Commerce Gets More Social
Today in Retail: Farfetch CEO Talks Reinventing Luxury Retail; Commerce Gets More Social
November 19, 2021  |  Retail

In today’s top retail news, Farfetch CEO José Neves told analysts on a conference call that next year will be a critical moment for the...

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