Online grocery adoption may have a long way to go, but many consumers are ready to up their digital engagement, according to PYMNTS research. By the Numbers Research from “Tracking the Digital Payments Takeover: Catching the Coming eCommerce Wave,” created in collaboration with Amazon Web...
TikTok is reportedly looking to Southeast Asia to massively expand its eCommerce business. The Chinese social media platform aims to grow its eCommerce sales from $4.4 billion in gross merchandise value to $20 billion, Bloomberg News reported Wednesday (June 7), citing sources familiar with the...
eBay and Techstars have partnered to launch an accelerator program for early-stage companies working on eCommerce solutions. The partnership brings together eBay’s experience in facilitating global commerce and Techstars’ capabilities as a pre-seed investor, the companies said in a Monday (June 5) press release. “We’re excited to collaborate with...
India’s Open Network for Digital Commerce (ONDC) has begun facilitating B2B transactions. The government-backed eCommerce network started testing the B2B expansion in May after beginning to handle transactions between consumers and businesses with a beta version in September 2022, TechCrunch reported Monday (June 5). ONDC did not immediately...
PIX. Mercado Pago. Pickup. Apps. Data protection. These are a few of the digital shopping trends and payment options that are key to winning customers in Brazil — one of the world’s largest economies and one that is rapidly digitizing. As Brazil’s shoppers continue to...
The ticket reselling business is being tested in new ways by the current Taylor Swift tour. While the pop star has tried to see that tickets go to fans rather than resellers, many of those fans have now tried scalping tickets for the first time,...
As consumers increase their digital engagement across all parts of their lives, online grocery adoption is growing more slowly than other parts of people’s day-to-day routines. By the Numbers According to data from PYMNTS’ recent study “How the World Does Digital: Daily Digital Engagement Hits...
PartsTech has raised $35 million to expand its B2B marketplace for the auto repair industry. With the money raised from this Series C funding round, led by venture capital (VC) firm OpenView, the company plans to enable auto repair shops to source all the parts and...
About a year ago, PYMNTS detailed how government stats and revisions to those stats can change the way we view eCommerce. The more online sales get, as measured as a percentage of the overall retail pie, the more firmly entrenched the digital shift is. Back then,...
