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.

Today In Retail: Canada Goose Sees Triple-Digit eCommerce Growth; YETI Reports Surging Net Sales
Today In Retail: Canada Goose Sees Triple-Digit eCommerce Growth; YETI Reports Surging Net Sales
May 13, 2021  |  Retail

In today’s top retail news, Canada Goose reported surging total revenue and triple-digit eCommerce growth, while YETI posted soaring net sales. Plus, Walmart announced that...

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Grocery Roundup: Private Label Brands Take On Plant-Based Category
Grocery Roundup: Private Label Brands Take On Plant-Based Category
May 13, 2021  |  Retail

As private label sales continue to grow, surpassing name brand growth for the fourth year in a row, grocers are taking note. As the private...

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Alibaba Eyes New Markets After Topping 1 Billion Users And $1.2 Trillion Worth Of Goods
Alibaba Eyes New Markets After Topping 1 Billion Users And $1.2 Trillion Worth Of Goods
May 13, 2021  |  Retail

Chinese eCommerce giant Alibaba said it plans to seek growth in new international markets after closing the books on a record year that saw it...

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Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
Apparel Resale Platforms See Pent-Up Consumer Demand For Refreshed Wardrobes
May 13, 2021  |  Retail

The surging secondhand clothing resale business got a double dose of optimism from two separate reCommerce platforms on Wednesday (May 12), as both Poshmark and...

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Canada Goose’s Sales Surge, With Triple-Digit eCommerce Growth
Canada Goose’s Sales Surge, With Triple-Digit eCommerce Growth
May 13, 2021  |  Retail

Canada Goose, a performance luxury apparel maker, reported that total revenue surged by roughly 48 percent from $140.9 million in Q4 fiscal 2020, reaching $208.8...

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The Power And Perils Of Bringing BNPL To Pakistan
The Power And Perils Of Bringing BNPL To Pakistan
May 13, 2021  |  Buy Now Pay Later

Slow to the digital field in general, Pakistan’s eCommerce marketplace has hit a major growth spurt in 2020 and 2021, with revenue growing by over...

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Payments Orchestration Smooths Out Travel’s Turbulence
Payments Orchestration Smooths Out Travel’s Turbulence
May 13, 2021  |  Travel Payments

It’s been called the worst year in travel history. With the global travel sector losing $1.3 trillion over the course of 2020, according to the...

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Sales Are Up, Usership Is Soaring, But Coupang’s Stocks Still Slip After First Public Earnings Report
Sales Are Up, Usership Is Soaring, But Coupang’s Stocks Still Slip After First Public Earnings...
May 12, 2021  |  Earnings

Asian eCommerce major player Coupang has reported its first-ever quarterly earnings report Wednesday (May 12) as a public company. (Its IPO was about two months...

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Eyeing An IPO, Fashion Platform Lyst Raises $85 Million
Eyeing An IPO, Fashion Platform Lyst Raises $85 Million
May 12, 2021  |  Investments

Fashion platform Lyst has raised $85 million as it looks at its prospects for having an initial public offering (IPO) of stock. The funding comes...

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