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.

Floating The Next Big Idea For Social Commerce
Floating The Next Big Idea For Social Commerce
March 06, 2020  |  Retail

Since the dawn of the internet in the mid-90s, there have been some genius ideas and some completely innovative business models. We don’t search, we...

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Costco Posts Solid Quarter, Limits Virus-Related Items
Costco Posts Solid Quarter, Limits Virus-Related Items
March 06, 2020  |  Earnings

Used to be that retail earnings reports were about numbers. Now they’re about viruses. That was the case yesterday as Costco announced Q4 earnings per...

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FMCG Data Startup Convert Group Notches €1.2 Million
FMCG Data Startup Convert Group Notches €1.2 Million
March 06, 2020  |  Retail

To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 million in seed funding. The startup offers software-as-a-service (SaaS)...

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How BNPL Offerings Inspire Everyday Purchases At DSW
How BNPL Offerings Inspire Everyday Purchases At DSW
March 06, 2020  |  Buy Now Pay Later

Buying expensive shoes can make debt-shy customers uncomfortable, and retailers can’t always drop prices to get them over the hump. In the latest Buy Now,...

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Ahold Delhaize: Why Grocery Innovation Is About Capturing Share Of Stomach
Ahold Delhaize: Why Grocery Innovation Is About Capturing Share Of Stomach
March 06, 2020  |  Retail

Even a decade ago it was obvious that the rise of mobile and the expansion of eCommerce was going to have a transformative effect on...

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COVID-19 ‘Supply Buying’ Frenzy Keeps Patients – And Providers – At Risk
COVID-19 ‘Supply Buying’ Frenzy Keeps Patients – And Providers – At Risk
March 06, 2020  |  Retail

The laws of economics — supply and demand — state that as items become scarce, prices go up. The law of unintended consequences states that...

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Instacart Launches Doorstep Grocery Delivery Amid Coronavirus Scare
Instacart Launches Doorstep Grocery Delivery Amid Coronavirus Scare
March 06, 2020  |  Retail

Instacart said on Thursday (March 5) that it would launch its door-step grocery drop-off service to all customers amid the fear of the coronavirus outbreak,...

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Walmart Consolidating Grocery And Main Apps
Walmart Consolidating Grocery And Main Apps
March 05, 2020  |  Walmart

Walmart has announced that it’s going to merge its Walmart Grocery app with the main Walmart mobile app, to create a more seamless shopping experience...

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Alibaba To Fund Online Shopping Festival With $144M In Subsidies  
Alibaba To Fund Online Shopping Festival With $144M In Subsidies  
March 05, 2020  |  Retail

As a means of stimulating depressed eCommerce volume, China’s Alibaba Group is launching an online shopping festival with 1 billion yuan ($144 million) in spending...

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