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...
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...
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...
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...
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...
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...