eCommerce

eCommerce
Onramp Integrates eCommerce Lending Platform With Walmart Marketplace
June 26, 2023

Onramp is now offering financing solutions to eCommerce sellers on Walmart Marketplace. The eCommerce lending platform’s integration with the marketplace enables it to offer growth capital funding to sellers with repayment terms that align with their online sales, Onramp said in a Monday (June 26)...

eCommerce
Amazon Turns to Small Businesses to Close Last-Mile Delivery Gap
June 26, 2023

Amazon is reportedly planning to recruit small businesses to boost its last-mile delivery efforts. The project — happening in 23 states — will involve a range of small businesses, including clothing stores, florists and bodegas, Axios reported Monday (June 26). Beryl Tomay, vice president of...

eCommerce
Local Payment Methods Lower APAC Cart Abandonment by 32%
June 21, 2023

The Asia-Pacific (APAC) region is poised to become a key area of expansion for U.S. and U.K. merchants over the course of the next few years, but eCommerce companies are struggling with high cart abandonment rates and seeking ways to lower abandonment. This is analyzed...

eCommerce
FTC: Online Marketplaces Need to Police Fake Goods
June 20, 2023

The Federal Trade Commission (FTC) is reminding online marketplaces of the duty to ferret out fake merchandise. The agency issued a notice Tuesday (June 20) on the new Integrity, Notification and Fairness in Online Retail Marketplaces for Consumers Act — or the INFORM Consumers Act — set to go into effect...

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...