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.
New AI Model Decodes Human Emotions in Real Time, Shapes Commerce Strategies
New AI Model Decodes Human Emotions in Real Time, Shapes Commerce Strategies
June 25, 2024  |  artificial intelligence

Finnish researchers have developed an AI model to interpret human emotions in real time. “Humans naturally interpret and react to each other’s emotions, a capability...

READ MORE >
Walmart Doubles Down on Deal Days as Consumers Seek Sales Events
Walmart Doubles Down on Deal Days as Consumers Seek Sales Events
June 24, 2024  |  Walmart

Walmart is following up its just-finished summer savings event with another one weeks later, as the retailer looks to compete with Amazon’s Prime Day to...

READ MORE >
Shopify Pilots AI Assistant for Merchants
Shopify Pilots AI Assistant for Merchants
June 24, 2024  |  eCommerce

Shopify is offering merchants early access to a commerce-focused artificial intelligence assistant. The AI assistant, dubbed Sidekick, is one of more than 150 updates Shopify...

READ MORE >
Getir to Split Into 2 Companies in Restructuring
Getir to Split Into 2 Companies in Restructuring
June 24, 2024  |  Business

Turkish food delivery startup Getir will be divided into two companies as part of a restructuring that will bring in an investment of $250 million...

READ MORE >
Target to Include Shopify Merchants in Digital Marketplace, Physical Stores
Target to Include Shopify Merchants in Digital Marketplace, Physical Stores
June 24, 2024  |  Retail

Target will begin including select Shopify merchants on Target Plus, the retailer’s third-party digital marketplace. In addition, in the months to come, Target will offer...

READ MORE >
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
June 24, 2024  |  Buy Now Pay Later

Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner...

READ MORE >
Online Merchants Scramble as Google’s AI Overviews Shakes Up SEO
Online Merchants Scramble as Google’s AI Overviews Shakes Up SEO
June 21, 2024  |  eCommerce

Google’s recent rollout of AI Overviews (AIOs) in U.S. search results has sent shockwaves through the eCommerce industry, prompting online retailers to reevaluate their search...

READ MORE >
Grocery Shoppers Favor Omnichannel Purchasing Journeys
Grocery Shoppers Favor Omnichannel Purchasing Journeys
June 21, 2024  |  Retail

Pure-play eCommerce may be slow to catch on in grocery, but PYMNTS Intelligence research shows omnichannel engagement has caught on in that realm. By the...

READ MORE >
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise
June 21, 2024  |  Earnings

The majority of consumers now seek out both digital and physical channels in their car buying journey, according to CarMax, and this omnichannel adoption continues...

READ MORE >