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.

Walmart Says PhonePe and Flipkart IPOs Years Away
Walmart Says PhonePe and Flipkart IPOs Years Away
June 09, 2024  |  Walmart

Walmart’s India-based eCommerce marketplace and payments company aren’t quite ready to go public. “This is something we’re looking at over the next couple of years,”...

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Report: SEO Firm Yext Considering Sale After Attracting Takeover Interest
Report: SEO Firm Yext Considering Sale After Attracting Takeover Interest
June 07, 2024  |  Business

Search engine optimization (SEO) firm Yext is reportedly considering a sale. The company has hired investment bankers after attracting takeover interest, Reuters reported Friday (June 7),...

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Apparel Retailers Use New AI Features to Reduce Online Returns
Apparel Retailers Use New AI Features to Reduce Online Returns
June 07, 2024  |  Retail

As clothing brands and retailers continue to struggle with the costly problem of returns, many are turning to artificial intelligence to help consumers buy products...

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Victoria’s Secret Uses Loyalty to Drive Spending Amid Sales Slump
Victoria’s Secret Uses Loyalty to Drive Spending Amid Sales Slump
June 07, 2024  |  Earnings

Victoria’s Secret is taking a more intimate approach to shopper loyalty, aiming to keep budget-conscious shoppers spending with more personalized messaging as they tighten their...

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Sainsbury’s Brands Argos, Habitat, TU Add Klarna BNPL Options
Sainsbury’s Brands Argos, Habitat, TU Add Klarna BNPL Options
June 07, 2024  |  Buy Now Pay Later

Sainsbury’s is now offering shoppers in the United Kingdom the option of using Klarna’s buy now, pay later (BNPL) payment methods at the online checkouts...

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Insomnia Cookies Moves From Indulgence to Repeat Treats With Data-Driven Loyalty
Insomnia Cookies Moves From Indulgence to Repeat Treats With Data-Driven Loyalty
June 07, 2024  |  Loyalty & Rewards

Cookies might seem like the ideal business. They seem insulated from the vagaries of inflation and economic headwinds. Who doesn’t crave an indulgence here or...

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Amazon and Walmart Use GenAI to Cut Vendor Costs
Amazon and Walmart Use GenAI to Cut Vendor Costs
June 07, 2024  |  Retail

As Amazon and Walmart compete for retail dominance, the two industry giants are implementing generative artificial intelligence across the supply chain to cut costs and...

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Rent the Runway: Fashion Brands Can’t Grow on Digital Alone
Rent the Runway: Fashion Brands Can’t Grow on Digital Alone
June 06, 2024  |  Retail

As brands reckon with the reemergence of brick-and-mortar as a key priority for consumers, Rent the Runway said an eCommerce-only approach will no longer cut...

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WhatsApp Adds AI Tools for Businesses
WhatsApp Adds AI Tools for Businesses
June 06, 2024  |  Artificial Intelligence

WhatsApp introduced artificial intelligence tools designed to help businesses use the app to sell products and services. The tools on the Meta-owned messaging and Voice...

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