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.

Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
Nordstrom Q4 Reflects Transition To Digital-First Business As Rising Cost Crimp Profits
March 03, 2021  |  Retail

Luxury retailer Nordstrom said it posted a 20 percent decrease in fourth-quarter sales and an 82 percent decline in earnings as higher than expected merchandise...

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Vestiaire Collective Wraps Up $215 Million Financing Round
Vestiaire Collective Wraps Up $215 Million Financing Round
March 03, 2021  |  Retail

French pre-owned fashion platform Vestiaire Collective completed a 178 million euro (approximately $215 million) financing round. American investment firm Tiger Global Management and French luxury...

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Amazon Opens For Business In Poland
Amazon Opens For Business In Poland
March 03, 2021  |  Amazon

Amazon has debuted its new Polish website as of Tuesday morning (March 2), but that won’t come without competition in the country’s eCommerce boom, Reuters...

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IGA CEO: As Restaurants Reopen, Grocers Have To Earn The Consumer’s Business
IGA CEO: As Restaurants Reopen, Grocers Have To Earn The Consumer’s Business
March 03, 2021  |  Retail

As consumers turn to digital platforms to fulfill more and more of their basic needs, smaller, more traditional businesses are forced to adjust their operations...

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MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions
MercadoLibre Earnings Show Power Of ‘Digital Front Door’ For Developing Regions
March 02, 2021  |  eCommerce

Latin American (LATAM) eCommerce marketplace operator and payments platform MercadoLibre released stellar Q4 2020 financials this week, underscoring the sizzle and scale of online marketplaces...

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Ethoca Relaunches Transaction Transparency Product, Renamed Consumer Clarity™  
Ethoca Relaunches Transaction Transparency Product, Renamed Consumer Clarity™  
March 02, 2021  |  Mastercard

Ethoca has relaunched and revamped its purchase transparency product for consumers, renaming the enhanced solution Consumer Clarity™, according to a press release. Get the Full...

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MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
March 02, 2021  |  eCommerce

MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the...

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Body-Shaping D2C Maëlys Sees Sales Jump On Surging eCommerce And BNPL Option
Body-Shaping D2C Maëlys Sees Sales Jump On Surging eCommerce And BNPL Option
March 02, 2021  |  Retail

For a company that was launched in 2017 and has steadily built a loyal customer base for its body-shaping creams and lotions among new moms...

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Kohl’s Digital Sales Temper Broader Revenue Decline
Kohl’s Digital Sales Temper Broader Revenue Decline
March 02, 2021  |  Retail

Kohl’s, the embattled operator of 1,100 department stores, said Tuesday (March 2) that its fourth quarter sales fell 10.1 percent, tempered by a 21 percent increase...

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