Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale". It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.

(source: en.wikipedia.org)

Social Commerce
Facebook Wants To Add Pay-Per-View Sports
May 19, 2021

The first pay-per-view sporting event happened more than 60 years ago, when boxing fans mailed $2 to the TelePrompTer company to watch Floyd Patterson retake the title. Of course, consumers’ media consumption habits have changed quite a bit since 1960, something Facebook is banking on...

Commerce
Post-Pandemic Commerce Starts To Take Shape
May 18, 2021

As Macy’s CEO Jeff Gennette told analysts on a Tuesday (May 18) conference call, “Clearly, our customer is ready to get on with life.” And the data proves it, with the rising number of people booking flights and accommodations, and the pickup in the number of...

eCommerce
Jumia On Africa’s Great eCommerce Shift — Toward ‘Everyday Items’
May 17, 2021

In Africa, the pandemic has spurred consumers to make the move to online platforms, and as part of that move, transact digitally with their devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Shopping App Rankings Rock Retail As Battles Brew Between Titans
May 13, 2021

As battles royale go, the retail wrestling match between Amazon and Walmart is getting brutal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

eCommerce
PayPal Acquires Happy Returns eCommerce Return Platform
May 13, 2021

Happy Returns, a startup that aims to make returning eCommerce goods easier for both shoppers and sellers, has been acquired by PayPal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Social Commerce
Discord Gaming Platform Will Allow Creators To Sell Audio Event Tickets
May 13, 2021

Discord celebrated its sixth birthday on Thursday (May 13) by unveiling a few new features, including a pilot program that allows creators to offer paid tickets for audio events. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Commerce
New Study: Merchant Choice Driven By Trust, With Size And Scale Playing Vital Roles
May 12, 2021

Dig into the psychology of trust and we find that in human relationships it’s often extended based on gut feelings and other intangibles. That doesn’t cut it in a remote digital world, so where fallible instincts end, artificial intelligence (AI) and rich data begin their...

eCommerce
Walmart’s Flipkart To Raise $1 Billion As It Eyes Going Public In US
May 11, 2021

India’s Flipkart is out to raise at least $1 billion as it looks at launching an initial public offering (IPO) of stock in the U.S. Sources told the Economic Times of India that the round of funding for Flipkart, which is majority owned by Walmart,...

Social Commerce
TikTok Testing The In-App Commerce Waters
May 11, 2021

TikTok has begun working with merchants in Europe to test in-app sales, a move that will likely heighten its rivalry with Facebook. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...