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.

Stamps.com To Go Private In $6.6B Bet On eCommerce, Shipping And Logistics

Stamps.com To Go Private In $6.6B Bet On eCommerce, Shipping And Logistics
Stamps.com To Go Private In $6.6B Bet On eCommerce, Shipping And Logistics
July 09, 2021  |  Retail

In spite of its postage-themed name, California-based Stamps.com accepted a $6.6 billion all-cash offer Friday (July 9) from private equity giant Thoma Bravo, in a...

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Levi Strauss Adapts To Shifting US Waistlines And Supply Chain Challenges
Levi Strauss Adapts To Shifting US Waistlines And Supply Chain Challenges
July 09, 2021  |  Retail

Levi Strauss recorded better-than-expected revenue and profit in the second quarter, buoyed by accelerated omnichannel and eCommerce capabilities alongside consumer demand for refreshed wardrobes post-pandemic....

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China Tells eCommerce Platforms To Remove Fake Report Merchants
China Tells eCommerce Platforms To Remove Fake Report Merchants
July 08, 2021  |  Cross-border Payments

China’s market regulator is asking some eCommerce firms, like Alibaba-owned Taobao and Pinduoduo, to remove online shops with false quality reports, U.S. News reported. Get...

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Popshop Live Valued At $100 Million, Adds Two Tech Veterans To Team
Popshop Live Valued At $100 Million, Adds Two Tech Veterans To Team
July 08, 2021  |  Social Commerce

Popshop Live, a livestream shopping community, is coming off a Series A round with a $100 million valuation, a Thursday (July 8) press release said,...

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Thrive Market Mulls $2B IPO Amid Global Interest In eGrocery
Thrive Market Mulls $2B IPO Amid Global Interest In eGrocery
July 08, 2021  |  IPO

Thrive Market, a Los Angeles-headquartered, membership-based online grocer that focuses on healthy and sustainable products, is considering going public. The eTailer has more than one...

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Bloomingdale’s Small-Store Concept Leans Into Consumer Experience
Bloomingdale’s Small-Store Concept Leans Into Consumer Experience
July 08, 2021  |  Retail

When luxury department store chain Bloomingdale’s opens its new small-format store next month in Fairfax, Virginia, consumer experience will be front-and-center as the brand and...

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eCommerce Platform Fancy On Curbing Friction In Cross-Border Luxury Sales
eCommerce Platform Fancy On Curbing Friction In Cross-Border Luxury Sales
July 08, 2021  |  Consumer Payments

Consumers' favorite runway looks are often just a click away, but not when buyers shop cross border. In this month’s Cross-Border Retail Payments Tracker, Greg...

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FBI: Why AI And MFA Provide The Most Effective Fraud Defense
FBI: Why AI And MFA Provide The Most Effective Fraud Defense
July 08, 2021  |  Fraud Prevention

Fraudsters’ use of social engineering and phishing continues to triumph many of the modern-day fraud-fighting techniques. In this month’s Digital Fraud Tracker, PYMNTS talked with...

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