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.

Amazon Pledges To Fight Price Gouging As Demand Rises For Necessities
Amazon Pledges To Fight Price Gouging As Demand Rises For Necessities
November 03, 2020  |  Retail

Amazon has to keep up fighting off price gouging on its eCommerce platform, as a new wave of COVID-19 infections has prompted more panic buying,...

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The Nine Things We Know For Sure About The Post-Pandemic Consumer
The Nine Things We Know For Sure About The Post-Pandemic Consumer
November 03, 2020  |  Consumer Insights

There’s no shortage of pain points to catalog from the past six months: A global pandemic, worldwide economic disruption, record-breaking unemployment, an invasion by murder...

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Wayfair, Home Furnishings Sector Looks Past COVID Winter
Wayfair, Home Furnishings Sector Looks Past COVID Winter
November 03, 2020  |  Retail

Go home and stay home until we sound the all-clear, they said. So, we did. Get the Full Story Complete the form to unlock this...

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Microsoft Backing Indonesian eCommerce Startup Bukalapak
Microsoft Backing Indonesian eCommerce Startup Bukalapak
November 03, 2020  |  eCommerce

Microsoft is participating in a $100 million investment in the Indonesian eCommerce site PT Bukalapak.com, according to a Bloomberg report on Tuesday (Nov. 3), citing...

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Russian eCommerce Marketplace Ozon Eyes Nasdaq IPO
Russian eCommerce Marketplace Ozon Eyes Nasdaq IPO
November 03, 2020  |  IPO

The eCommerce marketplace Ozon, considered to be Russia’s answer to Amazon, has filed for an initial public offering (IPO) in the United States. Get the...

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Fast And Furious: Used Car Sales Surge For Carvana During Pandemic
Fast And Furious: Used Car Sales Surge For Carvana During Pandemic
November 03, 2020  |  Retail

The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter last week,...

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SA Company Takes The COVID Pivot Outside – Literally
SA Company Takes The COVID Pivot Outside – Literally
November 03, 2020  |  Retail

A lot of direct-to-consumer (D2C) brands are being funded these days, as the digital-first economy continues to gain traction. However, not a lot of that...

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Wayfair Reports 67 Pct YOY Net Revenue Growth
Wayfair Reports 67 Pct YOY Net Revenue Growth
November 03, 2020  |  Retail

Wayfair Inc. reported net revenue growth of 67 percent year over year and 28.8 million active customers, up 51 percent year over year, in the...

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Deep Dive: How Understanding Open Banking Rules Can Help Merchants Gain Consumers’ Trust
Deep Dive: How Understanding Open Banking Rules Can Help Merchants Gain Consumers’ Trust
November 03, 2020  |  Bank Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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