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.

Facebook Daily Active Users Surge 12 Pct YoY Amid Pandemic

Facebook Daily Active Users Surge 12 Pct YoY Amid Pandemic
Facebook Daily Active Users Surge 12 Pct YoY Amid Pandemic
July 30, 2020  |  Earnings

Facebook reported on Thursday (July 30) that small- to medium-sized businesses (SMBs) turned to the company’s ad platforms to connect with customers amid the pandemic,...

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Amazon Crushes Earnings As Online Grocery Sales And Prime Viewership Soar
Amazon Crushes Earnings As Online Grocery Sales And Prime Viewership Soar
July 30, 2020  |  Earnings

To say that Amazon posted a good quarter on Thursday (July 30) is a bit like saying Michael Jordan had a good career. Get the Full...

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Contactless, Digital Drive Mastercard Q2 Earnings
Contactless, Digital Drive Mastercard Q2 Earnings
July 30, 2020  |  Earnings

Mastercard reported Q2 earnings results on Thursday (July 30) that in many ways mirrored what rival Visa reported the day before. Like Visa, Mastercard delivered better-than-expected second-quarter results,...

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PayPal, Mercado Libre Integrate Payments Systems In Brazil and Mexico
PayPal, Mercado Libre Integrate Payments Systems In Brazil and Mexico
July 30, 2020  |  Retail

Mercado Libre announced Thursday (July 30) that it will integrate PayPal as a payment option in Brazil and Mexico. The move builds on a partnership...

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Digital Shifts In eCommerce And Online Banking
Digital Shifts In eCommerce And Online Banking
July 30, 2020  |  Today In Data

eBay’s CEO outlined his vision for growth in its Q2 earnings call, as the company benefited from the pandemic-driven digital shift. Shopify also reported earnings that reflected the expanding...

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Payments And Platforms Play Well Together
Payments And Platforms Play Well Together
July 29, 2020  |  Payments Powering the Platform Economy

As virtual marketplaces displace (and replace) the physical variety at a dizzying pace, payments speed and security are paramount concerns. When transactions and payments occur...

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Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers
Shopify’s 2Q Earnings Illustrate Growing Digital Shift For Merchants, Shoppers
July 29, 2020  |  Retail

Shopify reported second-quarter earnings on Wednesday (July 29) that demonstrated the growing digital shift for consumers, with the company recording a dramatic increase in both...

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Bezos To Testify That Amazon Competes In ‘Strikingly Large’ Worldwide Retail Market
Bezos To Testify That Amazon Competes In ‘Strikingly Large’ Worldwide Retail Market
July 29, 2020  |  Retail

Amazon CEO Jeff Bezos will testify before a U.S. House of Representatives subcommittee on Wednesday (July 29) that his eCommerce company comprises just a small...

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Visa Sees Gains In Online and Contactless Transactions In Q2
Visa Sees Gains In Online and Contactless Transactions In Q2
July 29, 2020  |  VISA

Visa reported Tuesday (July 28) that its second-quarter results suffered from plummeting consumer spending amid COVID-19, although the pandemic did boost online spending and contactless...

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