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.
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
Best Buy: Shoppers Are Shifting Their Spending Toward Seasonal Sales
May 30, 2024  |  Retail

As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. On...

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Amazon Prime Air Receives FAA Approval to Expand Drone Delivery
Amazon Prime Air Receives FAA Approval to Expand Drone Delivery
May 30, 2024  |  Delivery

Amazon Prime Air has been granted approval by the Federal Aviation Administration (FAA) to expand its drone delivery operations. This approval allows Prime Air to...

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Amazon Sellers Turning to Google Ads to Reach Shoppers
Amazon Sellers Turning to Google Ads to Reach Shoppers
May 30, 2024  |  eCommerce

Amazon sellers are reportedly increasingly turning to Google Ads to boost their business and stand out in the crowded marketplace. With the emergence of startups...

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Amazon Expands Into Online Ordering With Grubhub
Amazon Expands Into Online Ordering With Grubhub
May 30, 2024  |  Partnerships

Amazon announced an expanded partnership with Grubhub to enhance the restaurant delivery experience for its customers. The collaboration allows Amazon customers in the United States...

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Brazil’s Olist Expands Banking Services for Retailer Clients
Brazil’s Olist Expands Banking Services for Retailer Clients
May 29, 2024  |  Banking

Brazilian eCommerce company Olist is expanding its banking services. Founder and CEO Tiago Dalvi told Bloomberg News on Wednesday (May 29) that the company expects...

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Walmart Exec Details Immersive Experiences in Digital ‘Realm’
Walmart Exec Details Immersive Experiences in Digital ‘Realm’
May 29, 2024  |  Retail

Consumers increasingly want immersive eCommerce journeys, and Walmart is launching new digital shopping experiences to meet this demand. In an interview with PYMNTS following the...

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Faircado Raises $3.3 Million for AI-Powered reCommerce Platform
Faircado Raises $3.3 Million for AI-Powered reCommerce Platform
May 28, 2024  |  artificial intelligence

Faircado has raised €3 million (about $3.3 million) to continue building its artificial intelligence (AI)-powered reCommerce platform. “Faircado exists to empower every consumer to buy...

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Small Retailers Relying on In-Store Sales Are More at Risk
Small Retailers Relying on In-Store Sales Are More at Risk
May 28, 2024  |  Retail

Small retailers that make most of their sales via brick-and-mortar are the most at risk of closing, compared to those that leverage an omnichannel strategy...

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Volatility and Uncertain Access to Capital Roil Direct to Consumer Brands
Volatility and Uncertain Access to Capital Roil Direct to Consumer Brands
May 28, 2024  |  eCommerce

For direct to consumer companies, volatility may be the key certainty in an uncertain environment. The latest evidence came amid reports from The New York...

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