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.

Amazon’s ‘Build It’ To Let Customers Vote On Products To Make
Amazon’s ‘Build It’ To Let Customers Vote On Products To Make
February 17, 2021  |  Amazon

Amazon’s new “Build It” feature will let customers weigh in on what the eCommerce giant should build next, the eCommerce giant announced in a Wednesday...

READ MORE >
Today In Retail: Shopify Beats Estimates With Q4 Results; Retail Sales Jump On Stimulus
Today In Retail: Shopify Beats Estimates With Q4 Results; Retail Sales Jump On Stimulus
February 17, 2021  |  Retail

In today’s top retail news, eCommerce company Shopify came out ahead of expectations with its fourth-quarter results, while retail sales climbed in January by 5.3...

READ MORE >
China’s eCommerce Giant JD.com Plans IPO For Shipping Division
China’s eCommerce Giant JD.com Plans IPO For Shipping Division
February 17, 2021  |  IPO

JD.com, sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take...

READ MORE >
Ahold Delhaize Banks On Grocery’s Post-COVID eCommerce Future
Ahold Delhaize Banks On Grocery’s Post-COVID eCommerce Future
February 17, 2021  |  Earnings

Global grocery giant Ahold Delhaize, owner of Stop & Shop, Food Lion and others, had a strong final quarter of 2020. Net sales were up...

READ MORE >
Why Amazon Snapped Up Selz
Why Amazon Snapped Up Selz
February 17, 2021  |  Amazon Acquisitions

A big Amazon acquisition is always big news, particularly when the eCommerce giant buys up one of its competitors’ competitors. Which is this week’s big...

READ MORE >
Chinese Retail Solution Platform DMall Ponders Public Filing
Chinese Retail Solution Platform DMall Ponders Public Filing
February 17, 2021  |  IPO

Chinese retail solutions startup DMall, backed by grocery chain Wumart Group, is considering a plan to file for an initial public offering (IPO), Bloomberg reported on...

READ MORE >
Shopify Smashes Estimates With Q4 Results, But Warns Growth Will Decelerate Post-COVID 
Shopify Smashes Estimates With Q4 Results, But Warns Growth Will Decelerate Post-COVID 
February 17, 2021  |  Retail

The eCommerce platform Shopify posted better-than-expected fourth-quarter results on Wednesday (Feb. 17), but warned that the rate of growth triggered by the pandemic was not...

READ MORE >
Product Drops, Flash Sales Winning Consumer Hearts, Minds, Brand Affinity
Product Drops, Flash Sales Winning Consumer Hearts, Minds, Brand Affinity
February 17, 2021  |  Retail

Price satisfaction. Exclusivity. Affinity. These are some of the main factors making use of product drops, flash sales and related tactics part of an effective...

READ MORE >
Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
February 17, 2021  |  Consumer Payments

From QR codes to contactless cards, consumers want access to fast and seamless payment experiences. Merchants, however, can be left waiting days for funds to...

READ MORE >