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.

Department Store Outlook Grim For 2017
Department Store Outlook Grim For 2017
February 10, 2017  |  Retail

It looks like more bad news for the U.S. department store sector. After a subpar holiday shopping season, research firm Moody’s announced that it had...

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Daily Data Dive: Newell Brands’ Fresh Start With eCommerce Focus
Daily Data Dive: Newell Brands’ Fresh Start With eCommerce Focus
February 08, 2017  |  Daily Data Dive

The more connected consumers become, the more it’s inevitable that online shopping will increase. As such, it’s no wonder retailers are starting to focus their...

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Newell Brands Shifts To eCommerce-Focused Approach
Newell Brands Shifts To eCommerce-Focused Approach
February 08, 2017  |  eCommerce

Following a less-than-stellar fourth quarter, Newell Brands, which owns well-known brands, such as Calphalon, Sharpie and Yankee Candle, is deciding to shift its focus in 2017. Even though...

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WaystoCap Is Aiming To Boost Cross-Border B2B eCommerce In Africa
WaystoCap Is Aiming To Boost Cross-Border B2B eCommerce In Africa
February 08, 2017  |  International

WaystoCap, the eCommerce company that is part of the Y Combinator program, is aiming to boost cross-border business-to-business sales in Africa. According to a report...

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Half Of Online Retailers Seek To Switch eCommerce Platforms
Half Of Online Retailers Seek To Switch eCommerce Platforms
February 07, 2017  |  Retail

Today’s retailer is required to be quick and nimble with the ever-changing online shopping arena. Due to the 24/7, fast-paced shopping of consumers, many online...

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China Online Shopping Jumps By 26.2% In 2016
China Online Shopping Jumps By 26.2% In 2016
February 07, 2017  |  Retail

On the heels of Chinese eCommerce company Alibaba’s $200 million investment in India online retailer Paytm E-Commerce, China reportedly saw a boom in 2016 online retail...

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Businesses Worried Over EBA’s New Standards For Online Payments
Businesses Worried Over EBA’s New Standards For Online Payments
February 07, 2017  |  Security & Fraud

Businesses and banks are concerned over new proposed standards from the European Banking Authority (EBA) that would require “strong customer authentication” for all electronic payments over...

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Online Shopping Means More Business For UPS
Online Shopping Means More Business For UPS
February 06, 2017  |  eCommerce

With more people shopping online, that means more packages to deliver for UPS. The company revealed that it delivered more than 712 million packages globally,...

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PYMNTS’ Daily Data Dive: Alibaba Invests $200M
PYMNTS’ Daily Data Dive: Alibaba Invests $200M
February 06, 2017  |  Daily Data Dive

In an effort to significantly grow its presence in South Asia, Chinese eCommerce company Alibaba has announced its decision to invest $200 million in Indian online...

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