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.

IKEA Forms Omnichannel Payments Partnership With Adyen
IKEA Forms Omnichannel Payments Partnership With Adyen
August 29, 2024  |  Partnerships

Swedish furniture retailer IKEA launched a partnership with Dutch payments FinTech platform Adyen. The collaboration is designed to help IKEA better connect its in-store and...

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Davidoff’s Digital Makeover Aims to Elevate the Luxury Cigar Brand’s Consumer Experience
Davidoff’s Digital Makeover Aims to Elevate the Luxury Cigar Brand’s Consumer Experience
August 28, 2024  |  Retail

Oettinger Davidoff AG, an independently owned, Swiss luxury goods company that specializes in tobacco products and accessories, recently updated its Davidoff of Geneva digital storefront to...

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Foot Locker’s Strategic Overhaul Shows Early Success in Q2
Foot Locker’s Strategic Overhaul Shows Early Success in Q2
August 28, 2024  |  Retail

In a pivotal moment for Foot Locker, the company’s second-quarter results point to the early success of its ambitious Lace Up Plan, which comprises initiatives...

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Report: BlackRock to Auction Off Amazon Aggregator SellerX
Report: BlackRock to Auction Off Amazon Aggregator SellerX
August 28, 2024  |  Aggregators

BlackRock is reportedly looking to auction off Amazon aggregator SellerX after SellerX stopped making payments on a loan. The auction is scheduled for Sept. 17...

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Musk’s AI Safety Push Could Have Other Companies Following Suit
Musk’s AI Safety Push Could Have Other Companies Following Suit
August 28, 2024  |  artificial intelligence

Elon Musk’s endorsement of a controversial California artificial intelligence (AI) safety bill signals the legislation’s far-reaching implications for the eCommerce sector, potentially forcing companies to...

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Chewy Sees Promise in Vet Clinics and Payoff From App Investments
Chewy Sees Promise in Vet Clinics and Payoff From App Investments
August 28, 2024  |  Earnings

Chewy said its investment in veterinary clinics is helping it attract new customers. The online pet product retailer released quarterly earnings Wednesday (Aug. 28) showing...

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Sephora Offers Paze Online Checkout to Loyalty Members
Sephora Offers Paze Online Checkout to Loyalty Members
August 28, 2024  |  Payment Methods

Early Warning Services has made its Paze online checkout available to Sephora’s loyalty program members. The checkout option — offered by participating banks and credit...

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Stripe’s Cross-Border Payments Volume in Asia Grows 30%
Stripe’s Cross-Border Payments Volume in Asia Grows 30%
August 28, 2024  |  Cross-border Payments

Stripe saw its cross-border payments volume in Asia increase by over 30% last year. The payments company offered the update as part of Stripe Tour...

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Walmart Aims to Supercharge eCommerce Growth With Marketplace Push
Walmart Aims to Supercharge eCommerce Growth With Marketplace Push
August 28, 2024  |  eCommerce

Walmart’s eCommerce business has increased in the past few years, and now, to take that growth to the next level and better compete with rival...

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