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.
Main Street Meets Luxury Consignment Shops With a High-Tech Update
Main Street Meets Luxury Consignment Shops With a High-Tech Update
November 08, 2023  |  Retail

Luxury consignment is a thriving niche within the fashion industry, offering a sustainable and cost-effective way for consumers to access high-end, designer products at more...

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Nearly 40% of Consumers Want Payments and Credentials Vault
Nearly 40% of Consumers Want Payments and Credentials Vault
November 08, 2023  |  Security & Fraud

In today’s modern commerce landscape, convenience-driven shoppers increasingly desire a frictionless checkout experience and are embracing the ability to use stored credentials for seamless payments....

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The RealReal Gets Real Revenue From Advertising
The RealReal Gets Real Revenue From Advertising
November 07, 2023  |  Retail

The RealReal has been doing a lot of cleanup in 2023, and the luxury consignment shop is hopeful to see the fruits of its labor...

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AI Upgrades Are Creating Happy Customers, eBay Says
AI Upgrades Are Creating Happy Customers, eBay Says
November 07, 2023  |  eCommerce

EBay is finding that its investments in artificial intelligence (AI) are leading to happier customers.    On Tuesday (Nov 7), the company revealed during its...

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Coupang Reports Strong Growth and Profitability in Q3
Coupang Reports Strong Growth and Profitability in Q3
November 07, 2023  |  Earnings

Coupang has reported strong financial results for the third quarter of 2023. The company’s net revenues reached $6.2 billion, with a year-over-year growth of 21%...

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Mobile eCommerce Platform Wish Reports 52% Decrease in Q3 Revenue
Mobile eCommerce Platform Wish Reports 52% Decrease in Q3 Revenue
November 07, 2023  |  Earnings

Mobile eCommerce platform Wish released its third quarter results on Tuesday (Nov. 7). The company reported total revenues of $60 million, a 52% decrease from...

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CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Regulation

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...

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Refurbed Raises $57 Million to Promote Sustainability in Europe
Refurbed Raises $57 Million to Promote Sustainability in Europe
November 07, 2023  |  Investments

Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital...

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Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
November 07, 2023  |  Shopping

The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to...

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