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.

Chinese eCommerce Giant Pinduoduo Sees 30 Pct Jump In Users
Chinese eCommerce Giant Pinduoduo Sees 30 Pct Jump In Users
August 24, 2021  |  eCommerce

The Chinese eCommerce giant Pinduoduo saw a jump in monthly active users and active buyers over the past year, according to the company’s second-quarter financial...

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Walmart Bets On Delivery Network In Latest Expansion Of Third-Party Services
Walmart Bets On Delivery Network In Latest Expansion Of Third-Party Services
August 24, 2021  |  Retail

Just a week after an earnings report that exemplified Walmart’s omnichannel successes, the company is placing a big bet that its delivery network can outshine...

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Macy’s Play With Toys R Us Could Be Building Blocks To Digital Marketplace
Macy’s Play With Toys R Us Could Be Building Blocks To Digital Marketplace
August 24, 2021  |  Retail

While many industry watchers saw Macy’s partnership with Toys R Us as a category expansion that will help the omnichannel retailer bring more customers online...

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Urban Outfitters Enters Secondhand Market With Thrift Store App
Urban Outfitters Enters Secondhand Market With Thrift Store App
August 24, 2021  |  Retail

Urban Outfitters Inc. is launching the Nuuly Thrift app for secondhand goods, the company said Tuesday (Aug. 24), initiating an online resale marketplace for clothes...

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BNPL Firm Afterpay Debuts Ads
BNPL Firm Afterpay Debuts Ads
August 24, 2021  |  Buy Now Pay Later

Australian buy now, pay later (BNPL) company Afterpay on Tuesday (Aug. 24) announced the launch of Afterpay Ads. The new advertising solution allows brands to place...

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As Consumer Preference For Digital Payments Rises, Amex Says Merchants Need Flexibility
As Consumer Preference For Digital Payments Rises, Amex Says Merchants Need Flexibility
August 24, 2021  |  Digital Payments

While consumers are clearly excited to come out of lockdown and visit their favorite local retail spots, Antonio Gagliardi, who leads strategy, product and analytics...

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Today In Retail: Target To Add More Disney Shops To Stores; Francesca’s CEO Says Traditional Consumer Mindset Is ‘Completely Upended’
Today In Retail: Target To Add More Disney Shops To Stores; Francesca’s CEO Says Traditional...
August 23, 2021  |  Retail

In today’s top retail news, Target is expanding its partnership with Disney to add more than 160 new shop-in-shops across the U.S., and Francesca’s CEO...

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JD.com Sees Massive Jumps In Revenue As China Remains Locked Down
JD.com Sees Massive Jumps In Revenue As China Remains Locked Down
August 23, 2021  |  Retail

Chinese supply chain-based technology and service company JD.com, Inc. on Monday (Aug. 23) reported $39.3 billion (253.8 billion yuan) in net revenue for the second...

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Brand Aggregators, Accelerators Look To Institutionalize Digital Marketplaces
Brand Aggregators, Accelerators Look To Institutionalize Digital Marketplaces
August 23, 2021  |  Retail

As consumers increasingly turn to eCommerce and as consumer packaged goods (CPG) brands look to make more direct connections with their customers, many have turned...

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