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.

JD.com’s FinTech Unit Mulls Withdrawing Shanghai Public Listing
JD.com’s FinTech Unit Mulls Withdrawing Shanghai Public Listing
March 08, 2021  |  IPO

After the restructuring of Ant Group caused by changing business regulations in China, JD.com may delay taking its FinTech unit public, the South China Morning...

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Buyers Get Paid To Keep Returns Amid eCommerce Surge
Buyers Get Paid To Keep Returns Amid eCommerce Surge
March 08, 2021  |  eCommerce

You buy it. You keep it. On the fence about keeping it? We’ll pay you to keep it. Get the Full Story Complete the form...

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Saks.com To Be ‘Separate But Related Sister’ To Saks Fifth Ave Brick-And-Mortar Stores
Saks.com To Be ‘Separate But Related Sister’ To Saks Fifth Ave Brick-And-Mortar Stores
March 05, 2021  |  Retail

The parent company of Saks Fifth Avenue said Friday (March 5) it was splitting its eCommerce and 40 traditional retail stores into “separate but related...

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Gap Inc. Registers 49 Pct Boost In Digital As Store Sales Drop
Gap Inc. Registers 49 Pct Boost In Digital As Store Sales Drop
March 05, 2021  |  Retail

Gap Inc. reported as part of its fourth-quarter and fiscal year 2020 results that pandemic-required store closures in global markets and softer store traffic in...

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Costco eCommerce Sales Soar 74.8 Pct Amid Pandemic
Costco eCommerce Sales Soar 74.8 Pct Amid Pandemic
March 05, 2021  |  Retail

Costco Wholesale Corporation, which operates just over 800 warehouses, reported its net sales for the second quarter climbed by 14.7 percent. Get the Full Story...

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New Report: Brazil’s Smartphone Samba Creating A World-Class Mobile Commerce Market
New Report: Brazil’s Smartphone Samba Creating A World-Class Mobile Commerce Market
March 05, 2021  |  Merchant Innovation

Giving a sense of the scope of digital transformation happening in developing markets, contemplate this: “The share of Brazilian consumers who consider digital channels their...

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FIS Bets On Digital Wallets To Change The POS Experience
FIS Bets On Digital Wallets To Change The POS Experience
March 05, 2021  |  Payment Methods

For many of us, the past year has been something akin to a “digital immersion class”— and it’s been mandatory, not elective. Get the Full...

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Snapcommerce Grabs $85 Million For AI-Driven Mobile Commerce
Snapcommerce Grabs $85 Million For AI-Driven Mobile Commerce
March 04, 2021  |  Mobile Commerce

Snapcommerce, the message-driven mobile commerce platform for the price-conscious, has come off a funding round with $85 million, a press release says. Get the Full...

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ThredUp IPO Filing Could Define Winners and Losers For ReCommerce
ThredUp IPO Filing Could Define Winners and Losers For ReCommerce
March 04, 2021  |  IPO

Online second-hand retailer ThredUP has officially filed for its initial public offering (IPO) with the Securities and Exchange Commission (SEC). How many shares and their price in...

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