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.

Retailing 2020: Five Things To Watch
Retailing 2020: Five Things To Watch
May 25, 2020  |  Retail

The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While...

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Grocery Startup Missfresh To Close On $500M In Expansion Financing
Grocery Startup Missfresh To Close On $500M In Expansion Financing
May 22, 2020  |  Investments

Beijing’s Missfresh Ecommerce Co., a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand...

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Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
May 22, 2020  |  News

In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating...

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Alibaba’s GMV Tops $1T As Mobile Orders Surge
Alibaba’s GMV Tops $1T As Mobile Orders Surge
May 22, 2020  |  Earnings

Alibaba Group Holding Co. reported results on Friday (May 22) that showed continued pivots to online commerce and mobile shopping, amid lockdowns that have shuttered...

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Ex-Stitch Fix COO Says Yes To AI-Powered Fashion
Ex-Stitch Fix COO Says Yes To AI-Powered Fashion
May 22, 2020  |  Retail

Former Stitch Fix COO Julie Bornstein is behind a new startup announced earlier this week called The Yes. Launched with ex-Google technical guru Amit Aggarwal, the women’s...

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Bright Spots In Retail Earnings And Cosmetics Sales
Bright Spots In Retail Earnings And Cosmetics Sales
May 22, 2020  |  Today In Data

TJX reported earnings that showed a fast uptick for store opening traffic after having closed all of its retail locations globally in March, without an eCommerce shopping capability. And cosmetics is...

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BNPL And The Payments Choice Balancing Act
BNPL And The Payments Choice Balancing Act
May 22, 2020  |  Buy Now Pay Later

Payments choice is emerging as more than just added eCommerce utility. Merchants expanding payment options are finding this an important differentiator, a major value-added benefit,...

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Dubai Creating $870M Free Trading Zone For eCommerce
Dubai Creating $870M Free Trading Zone For eCommerce
May 22, 2020  |  International

The government of Dubai is planning to create an $870 million free trade zone for eCommerce named Dubai CommerCity (DCC). The development project will be...

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How Retail Is Preparing For Consumers’ Long-Term Shift To Digital 
How Retail Is Preparing For Consumers’ Long-Term Shift To Digital 
May 21, 2020  |  Retail

That consumers have relocated their lives online in response to the pandemic is an easily visible fact when you look at earnings reports that successful...

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