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.
AI Upgrades Are Creating Happy Customers, eBay Says
AI Upgrades Are Creating Happy Customers, eBay Says
November 07, 2023  |  eCommerce

EBay is finding that its investments in artificial intelligence (AI) are leading to happier customers.    On Tuesday (Nov 7), the company revealed during its...

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Coupang Reports Strong Growth and Profitability in Q3
Coupang Reports Strong Growth and Profitability in Q3
November 07, 2023  |  Earnings

Coupang has reported strong financial results for the third quarter of 2023. The company’s net revenues reached $6.2 billion, with a year-over-year growth of 21%...

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Mobile eCommerce Platform Wish Reports 52% Decrease in Q3 Revenue
Mobile eCommerce Platform Wish Reports 52% Decrease in Q3 Revenue
November 07, 2023  |  Earnings

Mobile eCommerce platform Wish released its third quarter results on Tuesday (Nov. 7). The company reported total revenues of $60 million, a 52% decrease from...

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CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Regulation

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...

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Refurbed Raises $57 Million to Promote Sustainability in Europe
Refurbed Raises $57 Million to Promote Sustainability in Europe
November 07, 2023  |  Investments

Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital...

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Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
November 07, 2023  |  Shopping

The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to...

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Flipkart Founder Preps AI-as-a-Service Startup
Flipkart Founder Preps AI-as-a-Service Startup
November 07, 2023  |  artificial intelligence

Flipkart’s billionaire founder is reportedly launching an artificial intelligence (AI) startup. Binny Bansal, who launched the Indian eCommerce firm before selling it to Walmart, has been...

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Walmart Strengthens TV-eCommerce Connection With Peacock Partnership
Walmart Strengthens TV-eCommerce Connection With Peacock Partnership
November 07, 2023  |  Partnerships

Walmart is expanding its shoppable TV footprint via a new partnership with NBCUniversal’s Peacock platform. The collaboration lets fans of “Below Deck Mediterranean,” a reality...

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Google Intros Holiday Shopping Tools as Consumers Seek Deals
Google Intros Holiday Shopping Tools as Consumers Seek Deals
November 07, 2023  |  Google

Google has introduced new search tools designed to help shoppers find holiday deals. The tech giant announced Tuesday (Nov. 7) that it was rolling out...

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