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.

Italian Luxury Fashion at a Discount: Italist’s US Expansion
Italian Luxury Fashion at a Discount: Italist’s US Expansion
August 28, 2024  |  Retail

Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a strategic approach that blends seasonal discounts and curated selections. By expanding...

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Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
August 27, 2024  |  Retail

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. During the company’s second-quarter earnings call Tuesday (Aug. 27), CEO Erik Nordstrom said...

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Walmart Expands Omnichannel Experiences and Fulfillment Solutions for Third-Party Sellers
Walmart Expands Omnichannel Experiences and Fulfillment Solutions for Third-Party Sellers
August 27, 2024  |  Walmart

Walmart has added new product categories, omnichannel experiences and fulfillment solutions to its eCommerce platform for third-party sellers, Walmart Marketplace. “We’re bringing all the pieces together to...

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Klarna Revenue Jumps 27% Amid IPO Preparations
Klarna Revenue Jumps 27% Amid IPO Preparations
August 27, 2024  |  IPO

Klarna saw revenues climb in the first half of 2024 amid preparations to go public. The Swedish buy now, pay later (BNPL) provider released half-year...

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Google to Add AI-Powered Insights and Reports to Merchant Center
Google to Add AI-Powered Insights and Reports to Merchant Center
August 27, 2024  |  Google

Google will roll out new artificial intelligence-powered tools in its Merchant Center in time to help retailers sell during the holiday season. The tools include...

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Report: Apollo and BlackRock to Aid Merger of Branded and Heyday
Report: Apollo and BlackRock to Aid Merger of Branded and Heyday
August 26, 2024  |  Acquisitions

Apollo Global Management and BlackRock are reportedly considering providing debt financing for a merger of Amazon aggregators Branded and Heyday. Branded is in talks to...

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Apple Plays AI Catchup in Hopes of Creating New Mobile Commerce Frontier
Apple Plays AI Catchup in Hopes of Creating New Mobile Commerce Frontier
August 26, 2024  |  Apple

Apple is gearing up to launch “Apple Intelligence,” a sweeping artificial intelligence (AI) initiative that experts say could rewrite the rules of digital commerce. The...

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Shopify Integrates With Onfleet’s Last-Mile Delivery Management Platform
Shopify Integrates With Onfleet’s Last-Mile Delivery Management Platform
August 26, 2024  |  Partnerships

Online orders from Shopify’s internet infrastructure for commerce can now be integrated with Onfleet’s last-mile delivery management software platform. With this integration, Onfleet delivery tasks...

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Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
August 26, 2024  |  eCommerce

The parent of Chinese eCommerce firm Temu is warning that revenue growth will eventually cool. PDD Holdings released quarterly earnings Monday (Aug. 26) showing an...

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