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.

Russia’s Ozon Sees Shares Soar 40 Pct In US IPO, Raising $1B

Russia’s Ozon Sees Shares Soar 40 Pct In US IPO, Raising $1B
Russia’s Ozon Sees Shares Soar 40 Pct In US IPO, Raising $1B
November 25, 2020  |  IPO

Shares of Russian eCommerce titan Ozon soared 40 percent in the first few minutes of its American IPO on Tuesday, raising $1 billion. Get the...

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Retail Data Shows Online Dominance, Gift Card Momentum For Holiday Spending
Retail Data Shows Online Dominance, Gift Card Momentum For Holiday Spending
November 25, 2020  |  Retail

While predictions of increased spending are appearing more frequently since news of various COVID-19 vaccines has broken, PYMNTS data shows that consumers are still cautious,...

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Amazon Rolls Out IP Accelerator In Europe To Prevent Counterfeits
Amazon Rolls Out IP Accelerator In Europe To Prevent Counterfeits
November 25, 2020  |  Retail

To help small companies safeguard their brands and tackle counterfeits, Amazon has rolled out Intellectual Property Accelerator (IP Accelerator) in Germany, France, Spain, Italy, the...

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Embr Labs On Driving Customer Engagement, Checkout Conversion With SMS Services
Embr Labs On Driving Customer Engagement, Checkout Conversion With SMS Services
November 25, 2020  |  Digital Onboarding

SMS-based communication is a valuable tool for everything from onboarding verification to customer outreach, but one that just 39 percent of merchants use today. Sam...

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Gap Inc. Online Sales Jump 61 Pct Amid Drop In Store Sales
Gap Inc. Online Sales Jump 61 Pct Amid Drop In Store Sales
November 25, 2020  |  Earnings

Gap Inc. said Tuesday (Nov. 24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. 31 —...

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Nordstrom Becomes First Digital Majority Brick-And-Mortar Retailer
Nordstrom Becomes First Digital Majority Brick-And-Mortar Retailer
November 24, 2020  |  Earnings

Nordstrom crossed a critical digital-first economy threshold in its earnings announcement on Tuesday (Nov. 24). It became the first brick-and-mortar retailer to earn the majority...

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D2C: It’s Beginning To Look A Lot Like … Retail
D2C: It’s Beginning To Look A Lot Like … Retail
November 24, 2020  |  Retail

As COVID-19 drives a surge in digital traffic and online consumption, merchants and manufacturers alike are racing to upgrade and adjust their platforms to capture...

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Walmart Speeds Deliveries By Fulfilling Orders At Local Stores
Walmart Speeds Deliveries By Fulfilling Orders At Local Stores
November 24, 2020  |  Retail

In an effort to reduce delivery times, Walmart announced that it will start fulfilling some of its online orders directly from individual stores. Get the...

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Dick’s Sporting Goods Reels In Both Online And In-Store Sales
Dick’s Sporting Goods Reels In Both Online And In-Store Sales
November 24, 2020  |  Retail

By the time this year’s holiday shopping season is over, Dick’s Sporting Goods executives may be daydreaming about goin’ fishing. The company has again reported...

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