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.

Live Shopping Platform Whatnot Hits $1.5B Valuation

Live Shopping Platform Whatnot Hits $1.5B Valuation
Live Shopping Platform Whatnot Hits $1.5B Valuation
September 16, 2021  |  Investments

The live shopping platform Whatnot has raised $150 million in a Series C funding round, its third round this year and the one that pushes...

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SnackMagic Leverages Corporate Gifting to Gain Individual Customers, Powering Exponential Growth
SnackMagic Leverages Corporate Gifting to Gain Individual Customers, Powering Exponential Growth
September 16, 2021  |  eCommerce

During the early months of the pandemic, direct to consumer (D2C) businesses saw sales skyrocket, as consumers stuck at home turned toward remote channels for...

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Square Seeks Spain-Based Businesses for Beta Test of Omnichannel Tools
Square Seeks Spain-Based Businesses for Beta Test of Omnichannel Tools
September 16, 2021  |  Retail

Software, hardware and payments platform Square is seeking businesses in Spain to participate in the beta testing of its Early Access Program, which offers exclusive...

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Brilliant Earth Says Millennials, Gen Z Key to Future Growth
Brilliant Earth Says Millennials, Gen Z Key to Future Growth
September 16, 2021  |  Retail

Direct-to-consumer (D2C) jeweler Brilliant Earth says its path to growth after its expected public trading debut next week relies on omnichannel capabilities and a younger...

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Amazon’s Food Fight Fails to Minimize Walmart’s 10-to-1 Lead
Amazon’s Food Fight Fails to Minimize Walmart’s 10-to-1 Lead
September 16, 2021  |  Retail

Over the past year, Amazon has increased its focus on sales of food and beverage, the lone category where it seriously lags behind Walmart, but...

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Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
Back-to-School, eCommerce Help Boost August Retail Sales by 0.7%
September 16, 2021  |  Retail

U.S. consumer spending unexpectedly rose 0.7% in August, reversing a slump in July and defying concerns that a surge in COVID cases and business restrictions...

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European Shipping Startup Sendcloud Notches $177M Series C Funding
European Shipping Startup Sendcloud Notches $177M Series C Funding
September 16, 2021  |  Investments

European eCommerce shipping startup Sendcloud closed a $177 million Series C funding round led by SoftBank Vision Fund 2, with sizable backing from L Catterton and participation...

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ShipBob Expands Platform Ahead of Holiday Shopping
ShipBob Expands Platform Ahead of Holiday Shopping
September 16, 2021  |  Retail

Global eCommerce fulfillment startup ShipBob on Thursday (Sept. 16) announced that it has added a new customization suite for gift notes and kitting, an integration...

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JPMorgan Now Powering US Credit Cards on China’s Alibaba.com
JPMorgan Now Powering US Credit Cards on China’s Alibaba.com
September 16, 2021  |  eCommerce

J.P. Morgan is now powering U.S. credit card processing for Alibaba.com, the business to business (B2B) division of Jack Ma’s Alibaba Group based in China,...

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