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.

60% of Online Consumers Bail at Checkout Over Lack of Key Features

60% of Online Consumers Bail at Checkout Over Lack of Key Features
60% of Online Consumers Bail at Checkout Over Lack of Key Features
October 19, 2021  |  Point of Sale

Motivated by a desire to control their shopping experience, consumers have significantly shifted their activities to the digital space. Every digital touchpoint represents an aspect...

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Digital Bank Lunar Snags Payments Platform Paylike 
Digital Bank Lunar Snags Payments Platform Paylike 
October 19, 2021  |  Partnerships / Acquisitions

Danish digital bank Lunar announced Tuesday (Oct. 19) it has acquired payments platform Paylike for an undisclosed amount, according to a Fintech Futures report, in...

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London FinTech Primer Raises $50M
London FinTech Primer Raises $50M
October 19, 2021  |  Investments

FinTech payments startup Primer raised $50 million from ICONIQ Capital, the wealth manager of technology billionaires like Mark Zuckerberg and Jack Dorsey. Other backers included...

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Tech Giants Aim to Capture Worldwide Ultra-Fast Grocery Delivery Demand
Tech Giants Aim to Capture Worldwide Ultra-Fast Grocery Delivery Demand
October 19, 2021  |  Delivery

Around the world, the ultra-fast delivery space is heating up. On Tuesday (Oct. 19), Berlin-based 10-minute grocery delivery startup Gorillas announced a nearly $1 billion Series...

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Marketplaces Mull How to Combat $464B of Counterfeit Goods
Marketplaces Mull How to Combat $464B of Counterfeit Goods
October 19, 2021  |  Retail

Amazon, eBay and Etsy, which months ago united in opposition to legislation in the U.S. Senate designed to protect online shoppers from counterfeit products, now...

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P&G: Homebound, Health-Conscious Consumers Still Driving Increased Consumption
P&G: Homebound, Health-Conscious Consumers Still Driving Increased Consumption
October 19, 2021  |  Retail

With the delta variant slowing workers’ return to the office, consumer goods giant Procter & Gamble Co. said demand for many of its products remains...

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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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