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.

Small Retailers Struggle to Bounce Back From the Pandemic
Small Retailers Struggle to Bounce Back From the Pandemic
May 13, 2024  |  Retail

As many small- to medium-sized businesses (SMBs) have spent the last year recovering from the impact of the pandemic, mom-and-pop retailers have struggled to regain...

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CPG Subscriptions Eat Into Walmart’s Grocery Share
CPG Subscriptions Eat Into Walmart’s Grocery Share
May 13, 2024  |  Subscriptions

Increasingly, when consumers go to the grocery store, it is just to buy food, such that leading grocery retailers are losing share of center-aisle products to eCommerce...

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Online Marketplaces Grab Auto Parts Share From Specialty Merchants
Online Marketplaces Grab Auto Parts Share From Specialty Merchants
May 13, 2024  |  Retail

As shoppers increasingly purchase auto parts from third-party online marketplaces such as Amazon and eBay, retailers and eCommerce merchants specializing in the category are seeing...

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Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
May 13, 2024  |  Retail

Shein reportedly has some work to do if it wants to court the U.S. retail industry. The fast fashion giant filed for an initial public offering...

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Squarespace to Go Private in $6.9 Billion Deal
Squarespace to Go Private in $6.9 Billion Deal
May 13, 2024  |  eCommerce

Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close...

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Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
May 13, 2024  |  Retail

As Shopify’s growth slows down, its buy now, pay later (BNPL) partner, Affirm, is feeling the burn. Per its earnings report Wednesday (May 8), Shopify...

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Temu Tepid About US Thanks to TikTok Turmoil
Temu Tepid About US Thanks to TikTok Turmoil
May 13, 2024  |  Retail

Chinese eCommerce company Temu is reportedly looking beyond the United States for business growth. Temu, which had invested billions of dollars in the American market, is now...

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Digital Stagnation Pressures UAE Merchant Growth
Digital Stagnation Pressures UAE Merchant Growth
May 13, 2024  |  VISA

In the United Arab Emirates, 71% of consumers actively use digital features to enhance their shopping experiences. Yet valuable opportunities to build on this robust...

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Amazon Plans to Invest $1.29 Billion in French Tech Projects
Amazon Plans to Invest $1.29 Billion in French Tech Projects
May 12, 2024  |  Amazon

Amazon is reportedly set to invest nearly $1.3 billion on tech projects in France. The eCommerce giant is one of several global companies poised to...

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