eCommerce

eCommerce
Curbside Grocery Wins as Shoppers Increase Digital Adoption
June 16, 2023

As consumers step up their engagement with online grocery channels, they have a lot of different options to choose from, ranging from third-party marketplaces to brick-and-mortar grocers’ direct digital channels to digitally native eGrocers. Among all these options, PYMNTS research suggests, grocers’ curbside delivery businesses...

eCommerce
Alibaba to Bring Tmall eCommerce Site to Europe
June 15, 2023

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at the Viva Tech conference in Paris, Evans revealed that the company’s move into Europe reflects a significant shift in strategy...

eCommerce
TrueCar Is Restructuring and Changing Management as Losses Continue
June 14, 2023

TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction...

eCommerce
Beauty Sector Rethinks Digital as eCommerce Threatens In-Store Sales
June 12, 2023

Sector brands and merchants may need to refine their digital approach to gain customer share as consumers seeking to bring beauty to their doorstep.   Moving away from traditional makeup counters and drugstore shelves, consumers are increasingly making their health and beauty product purchases online. This...

eCommerce
PYMNTS Study: eCommerce Consumers Want Payments Choice and Data Security
June 09, 2023

After a stellar run through the pandemic, eCommerce was humbled as consumers flocked back to physical stores in 2022 and 2023. The wheel is turning again, as new data shows the appetite for eCommerce is back on a strong growth trajectory, and retailers need to...

eCommerce
One in Three Consumers Expects to Step up eGrocery Use
June 08, 2023

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...

eCommerce
Report: TikTok Plans to Quadruple Its eCommerce Network
June 08, 2023

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...

eCommerce
eBay and Techstars Launch Accelerator Program for Innovations in eCommerce
June 05, 2023

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...

eCommerce
India’s Open Network for Digital Commerce Expands to B2B Transactions
June 05, 2023

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...