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.

Sotheby’s Shuts Down 2-Year-Old eCommerce Business in China
Sotheby’s Shuts Down 2-Year-Old eCommerce Business in China
February 02, 2025  |  eCommerce

Auction house Sotheby’s reportedly shut down its Buy Now eCommerce business in mainland China, though it will continue that business in Hong Kong. Get the...

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PYMNTS’ Shopping Apps Ranking Reveals Best in Personalized Customer Experiences
PYMNTS’ Shopping Apps Ranking Reveals Best in Personalized Customer Experiences
January 31, 2025  |  Retail

Consumers are relying more on shopping apps for personalized shopping experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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The Doctor Will See You… On Amazon: Tech Giant Expands Plans to Merge Medicine with Marketplace
The Doctor Will See You… On Amazon: Tech Giant Expands Plans to Merge Medicine with...
January 31, 2025  |  Retail

Amazon is emerging as a key competitor to Walmart in the healthcare sector, leveraging its technological reach and consumer base. Get the Full Story Complete...

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Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY
Visa Tops 4.7 Billion Credentials, Logs 44% Growth in Tokens YOY
January 30, 2025  |  Earnings

Visa’s fiscal first-quarter results noted significant growth in payments done digitally, and in tokens and credentials issued by the payments network. Get the Full Story...

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UPS Expands Digital Transformation With RFID and DAP Tech
UPS Expands Digital Transformation With RFID and DAP Tech
January 30, 2025  |  Earnings

In 2024, UPS achieved significant milestones in its digital transformation and operational efficiency efforts, driven by the evolution of its Digital Access Program (DAP) and...

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D2C Channels Drive Levi Strauss in Q4, With US Sales Up 11%
D2C Channels Drive Levi Strauss in Q4, With US Sales Up 11%
January 29, 2025  |  Retail

Labeling the company’s direct-to-consumer (D2C) business as “our overarching strategy,” Levi Strauss & Co. CEO Michelle Gass noted D2C channels drove considerable success during the...

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Recurring Payments Feature to Draw $30 Billion in Payments to Brazil’s Pix
Recurring Payments Feature to Draw $30 Billion in Payments to Brazil’s Pix
January 28, 2025  |  eCommerce

The soon-to-be-released recurring payments feature of Brazil’s payment system, Pix, is reportedly expected to draw $30 billion in eCommerce payments alone to Pix in two...

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Stitch Acquires ExiPay to Add in-Person Payments to Enterprise Offering
Stitch Acquires ExiPay to Add in-Person Payments to Enterprise Offering
January 27, 2025  |  Acquisitions

South African FinTech Stitch expanded its enterprise payments offering by acquiring in-person payments provider ExiPay. Get the Full Story Complete the form to unlock this...

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Retailers Embrace the Power of Hyper-Personalization
Retailers Embrace the Power of Hyper-Personalization
January 27, 2025  |  retail

In today’s retail environment, hyper-personalized customer experiences are essential for driving digital engagement and customer loyalty. With concerns over fraud and the need to stay...

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