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.

Hims & Hers Health, Inc Revenue Jumps 67 Pct
Hims & Hers Health, Inc Revenue Jumps 67 Pct
March 19, 2021  |  Earnings

Multi-specialty telehealth platform Hims & Hers Health, Inc. reported that revenue surged 67 percent from the fourth quarter of 2019 to the fourth quarter of 2020. Get the...

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Facebook Shops Top 1 Million Stores, 250 Million Users
Facebook Shops Top 1 Million Stores, 250 Million Users
March 19, 2021  |  Facebook

Facebook founder and chief executive officer Mark Zuckerberg said stores on its eCommerce portal Shops have topped 1 million sellers and more than 250 users...

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The PYMNTS COVID Data Compendium: The Past, Present And Future Of The New Digital Consumer
The PYMNTS COVID Data Compendium: The Past, Present And Future Of The New Digital Consumer
March 19, 2021  |  Pandenomics

The first statewide stay-at-home measures were implemented in California one year ago today, on March 19, 2020. Other states followed, with many — including Ohio...

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Mobile Wallet Provider Citcon Adds 100+ New Payment Methods
Mobile Wallet Provider Citcon Adds 100+ New Payment Methods
March 18, 2021  |  Payment Methods

CITCON, a mobile wallet company, has added the most popular mobile wallets and local payment methods in Latin America (LATAM) and Asia Pacific (APAC) on...

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FreshDirect Looks To Micro-Fulfillment For Post-Pandemic Expansion
FreshDirect Looks To Micro-Fulfillment For Post-Pandemic Expansion
March 18, 2021  |  Retail

The past year has seen an unprecedented change in grocery habits, with mass adoption of digital and remote alternatives to the traditional in-store shopping journey,...

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Today In Retail: Five Below Registers 13.8 Pct Comp Sales Increase; Yotpo’s eCommerce Tech Garners $230 Million
Today In Retail: Five Below Registers 13.8 Pct Comp Sales Increase; Yotpo’s eCommerce Tech Garners...
March 18, 2021  |  Retail

In today’s top retail news, Five Below, Inc. registered comparable stores sales growth of 13.8 percent, while Yotpo’s integrated eCommerce solution has garnered $230 million...

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China’s DMall Seeks Half-Billion-Dollar American IPO
China’s DMall Seeks Half-Billion-Dollar American IPO
March 18, 2021  |  IPO

China’s DMall ECommerce Co. has engaged Bank of America, Goldman Sachs and J.P. Morgan for a U.S. initial public offering (IPO) of more than $500...

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Today In Payments: Amazon Care Launching Nationwide; US Travel Takes $1.1 Trillion Hit
Today In Payments: Amazon Care Launching Nationwide; US Travel Takes $1.1 Trillion Hit
March 18, 2021  |  News

In today’s top news, Amazon Care will be expanded to employees in all 50 states this summer, and the U.S. travel industry slumped 42 percent...

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Snap Ecosystem Builds For The New Digital Local Economy
Snap Ecosystem Builds For The New Digital Local Economy
March 18, 2021  |  Social Commerce

Snap Inc.’s ecosystem play has come into sharper and sharper focus as Q1 2021 has worn along. As PYMNTS reported last week, from a new...

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