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.
Yoox Net-a-Porter Wooed With $3.3B Offer
Yoox Net-a-Porter Wooed With $3.3B Offer
January 22, 2018  |  Retail

The largest shareholder in Italian online fashion retailer Yoox Net-a-Porter Group (YNAP) has put out an offer to buy the shares in the company that...

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JD.com Invests $3.B To Turn Manufacturing Towns Into eCommerce Towns
JD.com Invests $3.B To Turn Manufacturing Towns Into eCommerce Towns
January 19, 2018  |  International

One of the largest eCommerce sites in China plans to invest more than 20 billion yuan — or $3.11 billion USD — in the country’s northeastern...

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Holiday eCommerce Fraud Attempts Jumped In 2017
Holiday eCommerce Fraud Attempts Jumped In 2017
January 16, 2018  |  Security & Fraud

Attempts to commit online fraud jumped during the holiday season, increasing 22 percent from Thanksgiving to December compared to a year ago. That’s according to...

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Amazon Expands Prime In India
Amazon Expands Prime In India
January 16, 2018  |  Partnerships / Acquisitions

Bango, the mobile payments company, announced on Monday (Jan. 15) that it is providing resale and bundling technology to eCommerce giant Amazon. In a press...

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PayPal CEO On Retail’s “Defining Moment”
PayPal CEO On Retail’s “Defining Moment”
January 16, 2018  |  Retail

Amazon’s multibillion-dollar acquisition of Whole Food Markets will go down as a defining moment in retail – one that PayPal CEO Dan Schulman likened to...

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Visa: Data Will Deliver Payments And Commerce 2.0
Visa: Data Will Deliver Payments And Commerce 2.0
January 16, 2018  |  VISA

Anyone who’s ever checked into a hotel knows the drill. Traveler, usually tired traveler, walks through the front door, approaches the front desk to check...

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Consumers Are Increasingly Researching Purchases Online
Consumers Are Increasingly Researching Purchases Online
January 09, 2018  |  Retail

It appears that 2017 was a good year for omnichannel shopping, particularly according to the eCommerce Foundation’s recently released “United States Ecommerce Country Report” that covered...

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Alexa Users Spend Big On Amazon
Alexa Users Spend Big On Amazon
January 04, 2018  |  Amazon

Amazon Echo owners are among the eCommerce giant’s most loyal customers — and the most frequent of its shoppers, according to Wednesday (Jan. 3) reports from...

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Millennials Were The Wind In Amazon’s Sales In 2017
Millennials Were The Wind In Amazon’s Sales In 2017
January 03, 2018  |  Retail

Approximately 44 percent of U.S. eCommerce sales, and 4 percent of total U.S. retail sales, were generated by Amazon in 2017, according to findings from...

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