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.

AMZN vs. WMT Weekly: Omnichannel Boosts Walmart Earnings; Amazon Signals It’s All-In On Brick-and-Mortar
AMZN vs. WMT Weekly: Omnichannel Boosts Walmart Earnings; Amazon Signals It’s All-In On Brick-and-Mortar
August 20, 2021  |  Retail

In a battle that has thus far been primarily fought across a digital landscape, Amazon this week appeared to be taking its rivalry with Walmart...

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Target To Open 4 Regional ‘Sortation’ Centers For Deliveries
Target To Open 4 Regional ‘Sortation’ Centers For Deliveries
August 19, 2021  |  Retail

Target will be debuting sortation centers to help boost the speed of business, according to a company blog post. Get the Full Story Complete the...

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Farfetch Reports Over $1 Billion In Merchandise Volume For Q2
Farfetch Reports Over $1 Billion In Merchandise Volume For Q2
August 19, 2021  |  Retail

Farfetch, which works as a global platform for the luxury industry, has seen its gross merchandise volume (GMV) exceed $1 billion since last year. Get...

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eCommerce Platform Nacelle Nets $50 Million in Funding
eCommerce Platform Nacelle Nets $50 Million in Funding
August 19, 2021  |  eCommerce

Headless eCommerce platform Nacelle has generated $50 million in Series B funding, the company announced Thursday (August 19). Tiger Global funded the latest funding round,...

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Grocery Roundup: Ocado Sees First-Ever Sales Decline; Food Industry Celebrates SNAP EBT Increase
Grocery Roundup: Ocado Sees First-Ever Sales Decline; Food Industry Celebrates SNAP EBT Increase
August 19, 2021  |  Retail

For the first time in its history, United Kingdom-based eGrocery company Ocado is seeing sales fall. Sales dropped 0.7 percent year over year for the...

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New Luxury Brands See Opportunities To Expand Post-Pandemic
New Luxury Brands See Opportunities To Expand Post-Pandemic
August 19, 2021  |  Retail

As the pandemic begins to fade, luxury brands are trying to get back on the horse after COVID-19 caused sales to plummet. But rising prices...

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Klarna Might Consider IPO As Soon As Next Year
Klarna Might Consider IPO As Soon As Next Year
August 18, 2021  |  Platform Payments

Swedish short-term loan FinTech platform Klarna Bank AB isn’t working on an initial public offering but might consider one in 2022 at the earliest, CEO...

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Amazon Warns Sellers About Congressional Antitrust Push
Amazon Warns Sellers About Congressional Antitrust Push
August 18, 2021  |  Amazon

Amazon is reportedly warning third-party retailers on its site that potential antitrust rules in Congress could harm them, per reports from Wednesday (August 18). Get...

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ACI Says Retailers Sitting On ‘Goldmine Of Data’ About Consumer Preferences
ACI Says Retailers Sitting On ‘Goldmine Of Data’ About Consumer Preferences
August 18, 2021  |  Consumer Insights

The past 18 months have led to a whirlwind of change in nearly every facet of life, but as the dust settles, consumers are adjusting...

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