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.
Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
Today In Retail: Sally Beauty’s Net Sales Increase; Wayfair’s Revenue Surges
May 06, 2021  |  Retail

In today’s top retail news, Sally Beauty reported that its second-quarter consolidated same-store sales increased by 6.5 percent, while Wayfair reported that its total revenue...

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eCommerce Fraud Prevention Firm Riskified Mulls IPO
eCommerce Fraud Prevention Firm Riskified Mulls IPO
May 06, 2021  |  Fraud Prevention

Riskified, a startup focused on preventing eCommerce fraud, is considering an initial public offering (IPO) that could come this year, Bloomberg reported Thursday (May 6),...

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Singapore eCommerce Aggregator Rainforest Raises $36 Million In Seed Round
Singapore eCommerce Aggregator Rainforest Raises $36 Million In Seed Round
May 06, 2021  |  Investments

Singapore eCommerce brand aggregator Rainforest has raised $36 million in a seed funding round that included $6.5 million in equity financing, The Edge Singapore reported....

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Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
Consumers Eager To Spend: Mastercard Data Shows 23 Pct Pop In April Retail Sales
May 06, 2021  |  Retail

Cooped-up U.S. consumers are eager to dress up, get out, eat in restaurants and reconnect with the world, new economic analysis shows. The April Mastercard...

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German eCommerce Incubator Berlin Brands Aims To Scale US Amazon Sellers In Europe
German eCommerce Incubator Berlin Brands Aims To Scale US Amazon Sellers In Europe
May 06, 2021  |  Retail

With 3,700 products sold through 100 different channels in 28 countries and over $350 million in sales last year, Berlin Brands Group (aka BBG) may...

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Wayfair’s Revenue Soars With Growth Of Active Customer Base
Wayfair’s Revenue Soars With Growth Of Active Customer Base
May 06, 2021  |  Retail

Wayfair, the furnishings and home goods eCommerce platform, reported as part of its financial results that total revenue surged by 49.2 percent year over year...

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Mastercard: US Retail Sales Up 23.3 Pct; Restaurants See 2-Month Surge
Mastercard: US Retail Sales Up 23.3 Pct; Restaurants See 2-Month Surge
May 06, 2021  |  Economy

U.S. retail sales had another month of double-digit growth in April, according to a press release from Mastercard emailed to PYMNTS. Mastercard SpendPulse, which looks...

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BNPL Pays Now As PayPal Reports Strong Q1 Results
BNPL Pays Now As PayPal Reports Strong Q1 Results
May 06, 2021  |  Earnings

It was another victory march of an earnings report for PayPal as its Q1 results went out over the wires Wednesday (May 5).  Earnings came...

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Alcohol Gets A Buzz From The ‘Bring It To Me’ Economy
Alcohol Gets A Buzz From The ‘Bring It To Me’ Economy
May 05, 2021  |  Mobile Commerce

Amid the pandemic, to paraphrase an old Eagles tune:  Some drink to remember; some drink to forget. But, as the data tell us — we...

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