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.

A Look At Consumer Life In The Subscription Economy
A Look At Consumer Life In The Subscription Economy
May 07, 2020  |  Subscription Commerce

The global outbreak of COVID-19 has dramatically and unexpectedly hit the reset button on the entire retail ecosystem, leaving virtually no corner untouched— though the effects...

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Square Merchants Shift Online As POS Volumes Sink
Square Merchants Shift Online As POS Volumes Sink
May 07, 2020  |  Earnings

Square reported earnings Wednesday (May 6) for the first quarter that showed slowing gross payment volumes, impacted by the pandemic and the shuttering of merchant...

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Etsy’s Q1 Gets A Big Boost From Stay-At-Homers
Etsy’s Q1 Gets A Big Boost From Stay-At-Homers
May 06, 2020  |  Earnings

Stay-at-home orders and the mass work-from-home (WFH) migration that flew in the face of America’s sense of freedom acted as a tailwind for handmade eCommerce...

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Challenges For Retail Reopenings, eCommerce
Challenges For Retail Reopenings, eCommerce
May 06, 2020  |  Today In Data

Retail reopening efforts continued to bring in light foot traffic, as Florida joined Texas in letting nonessential stores reopen. In online shopping, returns are the bane of eCommerce...

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New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
May 06, 2020  |  Retail

As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March...

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Singapore’s Ninja Van Delivery Startup Raises $279M
Singapore’s Ninja Van Delivery Startup Raises $279M
May 06, 2020  |  Investments

Parcel delivery startup Ninja Van, working in overdrive during the pandemic, ended a funding round with $279 million. Get the Full Story Complete the form...

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What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
May 06, 2020  |  Payments Innovation

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most...

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers
Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers
May 05, 2020  |  eCommerce

Fiserv Inc., a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries...

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Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
May 05, 2020  |  Retail

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures...

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