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.

Holiday Shipping Delays Fall Hard On Retail SMBs
Holiday Shipping Delays Fall Hard On Retail SMBs
December 23, 2020  |  Retail

The clock is about to strike midnight on the holiday shipping and shopping season, and the delays associated with this year of the digital-first economy...

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Amazon Puts Off Merchant Fulfillment Fee Hikes Until June
Amazon Puts Off Merchant Fulfillment Fee Hikes Until June
December 22, 2020  |  Amazon

Amazon is postponing its logistics fee increase to help accommodate businesses affected by the pandemic, a company letter from Amazon Worldwide Consumer CEO Jeff Wilke...

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Today In Retail: Past Macy’s CEO Anticipates More Store Closures, 46 Pct Of Americans Plan To Travel For December Holidays
Today In Retail: Past Macy’s CEO Anticipates More Store Closures, 46 Pct Of Americans Plan...
December 22, 2020  |  Retail

In today’s top retail news, former Macy’s CEO Terry Lundgren said he anticipates more store closings next year, while about half of Americans intend to...

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Digital Marketplaces Like Amazon Are Primed For Consolidation
Digital Marketplaces Like Amazon Are Primed For Consolidation
December 22, 2020  |  Partnerships / Acquisitions

Investors have spent over $1 billion this year on buying up successful small businesses to try and create new digital conglomerates, according to the Financial...

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Authentication Company FakeSpot Says Shopify Is Riddled With Scammers
Authentication Company FakeSpot Says Shopify Is Riddled With Scammers
December 22, 2020  |  Security & Fraud

Shopify has seen its revenues surge as the pandemic has pushed consumers to buy more goods online. At the same time, however, the online marketplace...

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Digital Approaches Fuel Innovation For Clothing Retailers, Restaurants 
Digital Approaches Fuel Innovation For Clothing Retailers, Restaurants 
December 22, 2020  |  Today In Data

Nike has long been developing a digital-first, direct-to-consumer (D2C) presence long before COVID-19 hit, and that investment paid off in the firm’s fiscal Q2. In investments, social media-focused attire...

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CarMax Earnings Show Healthy Digital-First Automotive Market
CarMax Earnings Show Healthy Digital-First Automotive Market
December 22, 2020  |  Retail

The automotive market continues to fire on all cylinders despite the pandemic as online and offline sales have either remained flat or trending up for...

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Freightos.com Grows B2B Platform For eCommerce Logistics
Freightos.com Grows B2B Platform For eCommerce Logistics
December 21, 2020  |  B2B Payments

In a move planned to simplify B2B eCommerce, Hong Kong-based Freightos.com has grown its online B2B digital infrastructure. The technology lets firms in the B2B...

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Bolt Nets $75 Million In Funding Round For eCommerce Innovation
Bolt Nets $75 Million In Funding Round For eCommerce Innovation
December 21, 2020  |  Investments

Checkout platform Bolt has closed a funding round with $75 million, capping a year where it processed $1 billion in transactions, according to a report...

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