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.

H&M, Iablaco Partner on Blockchain-Based Clothing Rental Service
H&M, Iablaco Partner on Blockchain-Based Clothing Rental Service
October 19, 2021  |  Retail

Clothing retailer H&M’s Mitte Garten location and circular fashion platform Iablaco on Tuesday (Oct. 19) debuted a rental service that capitalizes on the emerging connected...

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COVID Taught Consumers That 2-Day Delivery Tops Instant Gratification
COVID Taught Consumers That 2-Day Delivery Tops Instant Gratification
October 19, 2021  |  Retail

As physical and digital shopping worlds collide, consumers are increasingly making decisions about whether to shop in-store or online based not on product availability but...

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Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
October 18, 2021  |  IPO

Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm...

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Inside Allegro: Five Things to Know About the Leading eCommerce Platform in Poland
Inside Allegro: Five Things to Know About the Leading eCommerce Platform in Poland
October 18, 2021  |  eCommerce

Amazon, eBay and Chinese platforms dominate the global eCommerce space, but Polish eCommerce firm Allegro has earned its stripes as one of the most popular...

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Fast Simon Debuts Shopping by Image Search
Fast Simon Debuts Shopping by Image Search
October 18, 2021  |  artificial intelligence

Shopping optimization platform Fast Simon, formerly InstantSearch+, on Monday (Oct. 18) launched the AI Visual Discovery Suite, which lets shoppers use images from their smartphones,...

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UNFI, DoorDash Team to Offer On-Demand Delivery Services to Independent Merchants
UNFI, DoorDash Team to Offer On-Demand Delivery Services to Independent Merchants
October 18, 2021  |  Delivery

United Natural Foods Inc. (UNFI) has signed a reseller agreement with DoorDash to provide on-demand grocery delivery services to independent retailers, according to a press...

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Today In Retail: Walmart+ Members Get Holiday Shopping Perk; Digital Saks Reportedly Planning IPO
Today In Retail: Walmart+ Members Get Holiday Shopping Perk; Digital Saks Reportedly Planning IPO
October 18, 2021  |  Retail

In today’s top retail news, Walmart is spreading its Black Friday deals out again this year and giving Walmart+ members early access, while eCommerce-focused Saks...

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Cybersource and EBANX Team Up on Brazil Payments Platform 
Cybersource and EBANX Team Up on Brazil Payments Platform 
October 18, 2021  |  Partnerships / Acquisitions

eCommerce credit card payment platform Cybersource and Brazilian FinTech EBANX announced on Monday (Oct. 18) a collaboration that will streamline payments for customers across Brazil....

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Alibaba Buys Stake in Ocean Liner Company Transfar Shipping 
Alibaba Buys Stake in Ocean Liner Company Transfar Shipping 
October 18, 2021  |  International

Chinese eCommerce platform Alibaba last year bought just over 10% of Singapore-based ocean liner operator Transfar Shipping, which sails between China and the west coast...

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