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.

Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
February 24, 2021  |  Partnerships / Acquisitions

Berkshire Grey (BG) has closed a deal with the special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC) to file a public offering with...

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Shopify-TikTok Social Commerce Pact Expands, Spurring Facebook, Pinterest In Social Sales
Shopify-TikTok Social Commerce Pact Expands, Spurring Facebook, Pinterest In Social Sales
February 24, 2021  |  Social Commerce

You don’t have to read tea leaves or master divination to see that social commerce is heating up as a huge payments trend this year....

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Today In Retail: GoFor Debuts ‘Shop Local’ Initiative In US Cities; CVS Health Will Offer COVID-19 Vaccines In Six More States
Today In Retail: GoFor Debuts ‘Shop Local’ Initiative In US Cities; CVS Health Will Offer...
February 24, 2021  |  Retail

In today’s top retail news, GoFor Industries has debuted a “Shop Local” effort in some U.S. cities, while certain CVS Pharmacy stores in six additional...

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BigCommerce Collaborates With Walmart On Marketplace Access
BigCommerce Collaborates With Walmart On Marketplace Access
February 24, 2021  |  Retail

Software-as-a-Service (SaaS) online shopping platform BigCommerce has teamed with Walmart in a new partnership. The collaboration will let qualified U.S. retailers sell merchandise directly on Walmart...

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Stripe, Afterpay Join Forces To Expand BNPL To More Merchants
Stripe, Afterpay Join Forces To Expand BNPL To More Merchants
February 24, 2021  |  Buy Now Pay Later

Afterpay, which offers a buy now, pay later (BNPL) service, and Stripe, which works on payments infrastructure for eCommerce, are teaming up. The plan is...

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Lowes.com Sales Spike 121 Pct, Driving Q4 Results And Topping Home Depot
Lowes.com Sales Spike 121 Pct, Driving Q4 Results And Topping Home Depot
February 24, 2021  |  Retail

Lowe’s, the second-largest home improvement hardware retailer, said Wednesday (Feb. 24) that its fourth-quarter same-store sales rose 28 percent to $20.3 billion, led by a...

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eCommerce IT Platform Shippo Raises $45 Million; Now Valued At $495 Million
eCommerce IT Platform Shippo Raises $45 Million; Now Valued At $495 Million
February 24, 2021  |  Delivery

Shippo, the eCommerce IT platform, has raised $45 million in new funding, according to a company blog, now being valued at $495 million. Get the...

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B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments  
B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments  
February 24, 2021  |  B2B Payments

Say the words “online platform,” and most people in the payments and commerce business will instantly rattle off a few marquee names: Amazon. Airbnb. Alibaba....

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Best Buy Tests Smaller, Digital-Friendly Store Format
Best Buy Tests Smaller, Digital-Friendly Store Format
February 23, 2021  |  Retail

Best Buy will be debuting new stores that will feature a smaller overall size as the company focuses more on eCommerce, Bloomberg reported. Get the...

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