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.

Microsoft Backing Indonesian eCommerce Startup Bukalapak

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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How Digitizing India’s Food Supply Chain Promotes Payments Modernization
How Digitizing India’s Food Supply Chain Promotes Payments Modernization
November 03, 2020  |  B2B Payments

India’s food and grocery landscape looks a lot different than it does in the United States. Unlike the U.S., big-box supermarket chains where consumers go...

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Amazon, Apple On Track To Rake In $100B In Q4
Amazon, Apple On Track To Rake In $100B In Q4
November 02, 2020  |  eCommerce

The 2020 holiday season could be a record-breaker for Amazon and Apple, both of which stand to report over $100 billion in revenue for the...

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Today In B2B: Serko Expands Expense Tech Offering, Suplari Debuts Spend Management Tools
Today In B2B: Serko Expands Expense Tech Offering, Suplari Debuts Spend Management Tools
November 02, 2020  |  B2B Payments

Today in B2B, trade finance technology provider Surecomp announces its newest marketplace partner, and Serko expands its expense management offering into North America. Plus, Suplari...

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