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.

Amazon Q1 Profit Triples, But Q2 Sales Growth Rate Could Drop 20 Points

Amazon Q1 Profit Triples, But Q2 Sales Growth Rate Could Drop 20 Points
Amazon Q1 Profit Triples, But Q2 Sales Growth Rate Could Drop 20 Points
April 29, 2021  |  Earnings

Increasing profitability in its core domestic retail business as well as a surge to more than 200 million paid Amazon Prime subscribers saw the world’s...

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Instacart’s SNAP Integration Expands eGrocery Options For Food Stamp Recipients
Instacart’s SNAP Integration Expands eGrocery Options For Food Stamp Recipients
April 29, 2021  |  Retail

Leading grocery delivery service Instacart announced Thursday (April 29) the expansion of its integration with electronic benefits transfer (EBT) Supplemental Nutrition Assistance Program (SNAP) to...

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Facebook Lays Out Its Vision For The Future Of Commerce
Facebook Lays Out Its Vision For The Future Of Commerce
April 29, 2021  |  Social Commerce

Much of Facebook’s latest earnings call followed the expected script. Earnings and revenue performance came in strong, across properties (Facebook, Instagram and WhatsApp); the social...

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InComm Payments Launches Digital Gift Card Mall
InComm Payments Launches Digital Gift Card Mall
April 29, 2021  |  Retail

InComm Payments has launched a digital gift card mall that allows customers to choose and send a variety of gift cards via email, the payments...

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Today In Retail: Overstock’s Net Revenue Surges; O’Reilly Automotive Registers Record Sales Growth
Today In Retail: Overstock’s Net Revenue Surges; O’Reilly Automotive Registers Record Sales Growth
April 29, 2021  |  Retail

In today’s top retail news, Overstock reported surging net revenues amid an increase in average order value, while O’Reilly Automotive reported a rise in sales....

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Overstock’s Net Revenue Soars With Rise In Average Order Value
Overstock’s Net Revenue Soars With Rise In Average Order Value
April 29, 2021  |  Retail

Overstock.com, Inc. reported as part of its financial results for the first quarter of 2021 that total net revenue surged 94 percent year over year to $660 million, according...

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Amazon Pegged To Pull Ahead Of Walmart By Middle Of Next Year
Amazon Pegged To Pull Ahead Of Walmart By Middle Of Next Year
April 29, 2021  |  Retail

As all eyes will focus on Amazon’s quarterly results on Thursday afternoon (April 29), a dynamic and dramatic sub-plot will also be unfolding that could...

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Creative Content Platform soona Says ‘Nothing Gets Sold Online Without An Image’
Creative Content Platform soona Says ‘Nothing Gets Sold Online Without An Image’
April 29, 2021  |  Retail

With eCommerce soaring, social commerce growing by leaps and bounds and thousands of new online stores being launched or upgraded each year, feeding the modern...

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eBay Joins Growing List Of Online Retailers To Say Post-COVID Growth Will Slow
eBay Joins Growing List Of Online Retailers To Say Post-COVID Growth Will Slow
April 29, 2021  |  Retail

You could call it a statement of the obvious or a perhaps a physics refresher on the laws of gravity. But however you frame it,...

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