eCommerce

eCommerce
Gooten Debuts Specialized Order Management Platform
February 06, 2024

Order management and fulfillment company Gooten debuted a specialized order management platform. “The OrderMesh platform is designed to support retailers, marketplaces, manufacturers and eCommerce brands as they broaden their product offerings, streamline order processing, and substantially reduce the operational complexities and costs of a made on-demand...

eCommerce
56% of eCommerce Firms Lack the Right Tools to Fix Failed Payments
February 01, 2024

Imagine a consumer attempting to make a purchase, only to get rejected at checkout. This was not because of money problems or fraud, but due to a false decline. These legitimate purchases mistakenly marked as fraudulent don’t only create friction in the payment process but...

eCommerce
Temu Ad Spend Places It Among Largest Online Advertisers in US
January 31, 2024

Temu reportedly spent $3 billion in 2023 on online advertising in the United States for its eCommerce marketplace. This move by Temu, which was introduced to the U.S. by Shanghai-based eCommerce giant PDD Holdings in September 2022, positions it as one of the largest online advertisers in the...

eCommerce
Shopify to Add AI-Powered Media Editor and Commerce Assistant
January 31, 2024

Shopify plans to expand its range of artificial intelligence (AI)-powered tools for sellers to include a media editor and a commerce assistant. These are among more than 100 updates the company will add to its eCommerce platform, Shopify said in a Wednesday (Jan. 31) product news release....

eCommerce
FedEx’s eCommerce Battle Hinges on ShopRunner and a ‘Critical Mass’ of Retailers
January 31, 2024

More than 80 years ago, Winston Churchill said war would be waged on multiple fronts: the beaches, the fields, the streets and in the air. In today’s digital age, the battle for eCommerce is waged, similarly, across several areas of engagement — the online search,...

eCommerce
TikTok and GoTo Combine eCommerce Businesses in Indonesia
January 31, 2024

TikTok and GoTo, the largest digital ecosystem in Indonesia, announced the formation of a strategic partnership in Indonesia. With this deal, GoTo’s eCommerce company Tokopedia and TikTok Shop Indonesia have combined under the PT Tokopedia entity that is now jointly owned by GoTo and TikTok, the companies said in a Wednesday...

eCommerce
D2C Brands Win With High-Income Shoppers
January 30, 2024

As direct-to-consumer brands look to drive customer acquisition, high earners are their best customers. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” drew from a survey of more than 3,500 U.S. consumers in October...

eCommerce
Guest Checkout Gets One-Click Boost
January 29, 2024

The last mile of commerce — specifically, what might be thought of as the last few feet of digital commerce — remains the checkout. For guest checkout, among the most popular options, one click functionality may give rise to repeat business, and over time, even...

eCommerce
31% of Consumers Want VR to Recreate Brick-and-Mortar Shopping
January 29, 2024

As retailers look for ways to merge the brick-and-mortar and eCommerce experiences, many shoppers are open to using virtual reality (VR) to bridge the gap. By the Numbers The PYMNTS Intelligence study “How We Will Pay Report: How Connected Devices Enable Multitasking Among Digital-First Consumers”...