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.

PayPal Now Holds 70 Pct. Stake In China’s GoPay

PayPal Now Holds 70 Pct. Stake In China’s GoPay
PayPal Now Holds 70 Pct. Stake In China’s GoPay
December 19, 2019  |  Partnerships

PayPal has acquired a 70 percent equity stake in Guofubao Information Technology (GoPay) and will head to China as their first foreign online-only payments platform,...

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The Pivot That Made A Sustainable Brand A Consumer Staple
The Pivot That Made A Sustainable Brand A Consumer Staple
December 19, 2019  |  Retail

Sustainable fashion was “in” this year – with all make and manner of new and established brands advertising their clothes/shoes/accessories designed to be environmentally sustainable,...

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Holiday Shoppers Forecasted To Return $41.6B In Products
Holiday Shoppers Forecasted To Return $41.6B In Products
December 19, 2019  |  Retail

With the growth of eCommerce sales, the number of products consumers are sending back to retailers is on the rise. As $50 billion in profits...

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Demystifying Russia’s Digital Payments Landscape
Demystifying Russia’s Digital Payments Landscape
December 19, 2019  |  eCommerce

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by...

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Vietnam’s Vingroup To Exit Retail For Industrial, Tech Focus
Vietnam’s Vingroup To Exit Retail For Industrial, Tech Focus
December 19, 2019  |  Cross-border Payments

Vietnamese conglomerate Vingroup announced on Wednesday (Dec. 18) it will be exiting from its retail business to focus on becoming a technology and industrial company....

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How AI Helps Priceline Ground Fraudsters, Lets Customers Take Off
How AI Helps Priceline Ground Fraudsters, Lets Customers Take Off
December 18, 2019  |  Fraud Prevention

Fraud continues to plague the digital world, despite the fortunes spent to curb it. Industries that operate solely online are some of the most vulnerable...

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How Singles Day Gave Rise To China’s Digital Commerce Culture
How Singles Day Gave Rise To China’s Digital Commerce Culture
December 18, 2019  |  eCommerce

Singles Day started quite humbly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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FedEx Sees Shares Slide After Slashing Profit Forecasts
FedEx Sees Shares Slide After Slashing Profit Forecasts
December 18, 2019  |  Earnings

FedEx saw a drop in its shares during after-hours trading in New York on Tuesday (Dec. 17), with shares dipping 6.5 percent to $152.62. The...

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