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.

Acquco Nets $160 Million To Scale Its Amazon Seller Portfolio
Acquco Nets $160 Million To Scale Its Amazon Seller Portfolio
May 11, 2021  |  Investments

Acquco, which is focused on acquiring third-party sellers on Amazon, has closed a Series A funding round with $160 million, according to a press release....

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eBay Debuts NFT Services
eBay Debuts NFT Services
May 11, 2021  |  Blockchain

eBay is expanding into non-fungible tokens (NFTs), according to a company blog post. Get the Full Story Complete the form to unlock this article and...

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Walmart’s Flipkart To Raise $1 Billion As It Eyes Going Public In US
Walmart’s Flipkart To Raise $1 Billion As It Eyes Going Public In US
May 11, 2021  |  eCommerce

India’s Flipkart is out to raise at least $1 billion as it looks at launching an initial public offering (IPO) of stock in the U.S....

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Today In Retail: HanesBrands Net Sales Rise By 25 Pct; L Brands Reveals Spin-Off Of Victoria’s Secret
Today In Retail: HanesBrands Net Sales Rise By 25 Pct; L Brands Reveals Spin-Off Of...
May 11, 2021  |  Retail

In today’s top retail news, HanesBrands posted $1.51 billion in net sales from continuing operations for Q1, while L Brands’ board has unanimously approved a...

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Luxury Secondhand Retailer The RealReal Adding Stores As Sales And Customers Rise
Luxury Secondhand Retailer The RealReal Adding Stores As Sales And Customers Rise
May 11, 2021  |  Retail

The RealReal, which operates the world’s largest online marketplace for secondhand luxury goods, said it will add additional “neighborhood stores” in affluent communities as it...

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Revolut Amps Up Retail Features For Shopping, Cryptocurrencies
Revolut Amps Up Retail Features For Shopping, Cryptocurrencies
May 11, 2021  |  Retail

U.K.-based FinTech Revolut is on a roll. Last week, it debuted a service that allows transactions using bitcoin. On Tuesday (May 11), the company debuted...

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Gojek Gains $300 Million In Funding As It Moves Toward Big Merger
Gojek Gains $300 Million In Funding As It Moves Toward Big Merger
May 10, 2021  |  Investments

In the middle of negotiating a merger deal with Tokopedia, Gojek has reeled in $300 million in investment funds from state-owned mobile operator Telkomsel, Nikkei...

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Amazon’s Anti-Counterfeit Efforts Block 6 Million Bad Accounts, 10 Billion Bogus Listings
Amazon’s Anti-Counterfeit Efforts Block 6 Million Bad Accounts, 10 Billion Bogus Listings
May 10, 2021  |  Retail

Amazon, the world’s largest online retailer, said a $700 million investment and the work of 10,000 employees put a major dent in the company’s effort...

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Emerging Trends In Fitness And eCommerce Retail
Emerging Trends In Fitness And eCommerce Retail
May 10, 2021  |  Today In Data

Planet Fitness added new members last quarter as consumers look to get back in the game. In recurring payments, upscale fitness equipment maker Peloton reported that the...

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