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.
This Week in AI: Regulatory Ramp Up and Industry Innovations 
This Week in AI: Regulatory Ramp Up and Industry Innovations 
November 03, 2023  |  artificial intelligence

Another week, another explosion of news generated by generative artificial intelligence (AI). Technological innovations form the core of cultural transformations that have immediate and startling...

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PayPal’s Bet to Boost Security May Pay Off in Broader Usage
PayPal’s Bet to Boost Security May Pay Off in Broader Usage
November 03, 2023  |  Payment Methods

As consumers’ eCommerce activity grows, so does their use of digital payment methods. Merchants looking to boost engagement can offer these payment options to maximize...

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Payment Choice Is the Best Feature Merchants Can Offer Consumers
Payment Choice Is the Best Feature Merchants Can Offer Consumers
November 03, 2023  |  Payment Methods

Consumers in different countries go for a diverse mix of shopping features, ranging from coupons and rewards to free shipping, availability of buy now, pay...

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Can Shop Cash Turn Shopify Into an Amazon Challenger?
Can Shop Cash Turn Shopify Into an Amazon Challenger?
November 03, 2023  |  Retail

I’m feeling flush. I got an email last Saturday from Shop that I had $43.40 in my Shop wallet to spend on the app. This...

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Carvana Reports Expense Reduction and Efficiency Improvement in Uncertain Environment
Carvana Reports Expense Reduction and Efficiency Improvement in Uncertain Environment
November 02, 2023  |  Earnings

Carvana made progress in reducing expenses and improving efficiency during the third quarter, leading to record third-quarter levels of adjusted EBITDA and gross profit per unit...

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Amazon to Close Its 2 Physical Clothing Stores
Amazon to Close Its 2 Physical Clothing Stores
November 02, 2023  |  Amazon

Amazon is closing its physical clothing stores as it shifts its focus to its online fashion shopping experience and expanding its grocery stores business. The two Amazon...

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Flavrs Adds Takeout Shopping and AI-Powered Features to Food App
Flavrs Adds Takeout Shopping and AI-Powered Features to Food App
November 02, 2023  |  Connected Economy

Flavrs has added new features to its app, which pairs cooking videos with recipe data and shopping integration. “Since we started Flavrs, we’ve been busy connecting...

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Mondelēz Sees Online Grocery Growth Provide Competitive Edge
Mondelēz Sees Online Grocery Growth Provide Competitive Edge
November 02, 2023  |  eCommerce

Mondelēz International is seeing its growing eCommerce business lead to share gains against competitors. The confectionary, snack and food giant, which owns a range of...

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Amazon Business Enters BNPL Space With Affirm Partnership
Amazon Business Enters BNPL Space With Affirm Partnership
November 02, 2023  |  Buy Now Pay Later

Amazon Business is offering buy now, pay later (BNPL) services in collaboration with Affirm. Amazon Business started rolling out Affirm Thursday (Nov. 2) to eligible...

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