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.

Mastercard Says the Checkout Revolution Will Be Optimized … by AI
Mastercard Says the Checkout Revolution Will Be Optimized … by AI
December 04, 2024  |  Payments Innovation

Digital commerce is growing at a staggering pace. Online transactions have more than doubled over the past four years, placing a new urgency on ensuring...

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Shopify Merchants See Black Friday-Cyber Monday Sales Leap 24%
Shopify Merchants See Black Friday-Cyber Monday Sales Leap 24%
December 03, 2024  |  eCommerce

Shopify merchants saw their sales rise 24% and hit a record $11.5 billion during this year’s Black Friday-Cyber Monday weekend. More than 76 million customers...

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Holiday Shipping Costs Rise as FedEx and UPS Extend Surcharge Windows
Holiday Shipping Costs Rise as FedEx and UPS Extend Surcharge Windows
December 03, 2024  |  Shipping

As the holiday shopping season begins earlier and lasts longer, shipping costs are rising sharply, creating additional challenges for retailers and consumers alike as FedEx...

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Amazon Reports Record Sales During Black Friday Week and Cyber Monday
Amazon Reports Record Sales During Black Friday Week and Cyber Monday
December 03, 2024  |  Amazon

Amazon saw record sales and a record number of items sold during its Black Friday Week and Cyber Monday holiday shopping event. The company’s event...

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FCA Chief Appears to Pave Way for Shein UK IPO
FCA Chief Appears to Pave Way for Shein UK IPO
December 03, 2024  |  IPO

Great Britain’s financial regulator has reportedly opened the door for Shein to go public there. While not mentioning the eCommerce retailer by name, Nikhil Rathi, chief executive of...

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FTC Orders GOAT to Pay $2 Million, Alleging Shipping Violations
FTC Orders GOAT to Pay $2 Million, Alleging Shipping Violations
December 02, 2024  |  Regulation

The Federal Trade Commission (FTC) has ordered online sneaker and apparel retailer GOAT to pay over $2 million to consumers, alleging that the company violated...

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TikTok Woos Amazon Sellers in Spite of US Ban Threat
TikTok Woos Amazon Sellers in Spite of US Ban Threat
December 02, 2024  |  Social Commerce

TikTok has reportedly begun courting Amazon sellers and staff despite a pending U.S. ban. The video-sharing giant’s eCommerce arm TikTok Shop is persuading Amazon sellers to sample its...

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BNPL’s In-Store Struggle: Digital Darling Hits Brick Wall in Physical Retail
BNPL’s In-Store Struggle: Digital Darling Hits Brick Wall in Physical Retail
December 02, 2024  |  BNPL

Black Friday’s in the rearview mirror. Cyber Monday is here. Part of what incentivizes a consumer to buy is if and when their preferred payment...

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Staying Safe From AI’s Surging Enterprise Threat This Cyber Monday
Staying Safe From AI’s Surging Enterprise Threat This Cyber Monday
December 02, 2024  |  Cybersecurity

Cyber Monday is the ultimate digital shopping event. But this year, the stakes are higher than ever — and it is all due to artificial...

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