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.

Alibaba Ramps Up AI Spending in Pursuit of AGI

Alibaba Ramps Up AI Spending in Pursuit of AGI
Alibaba Ramps Up AI Spending in Pursuit of AGI
February 20, 2025  |  Earnings

In the next three years, Alibaba will spend more on artificial intelligence (AI) than it has in the last decade. Get the Full Story Complete...

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Grab Sees Promise in Autonomous Vehicles and Eventual Profits From Banks
Grab Sees Promise in Autonomous Vehicles and Eventual Profits From Banks
February 20, 2025  |  Earnings

Indonesian super app Grab sees autonomous vehicles (AVs) as one of its next growth drivers. Get the Full Story Complete the form to unlock this article and...

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Hasbro: Video Games and eCommerce Will Drive ‘Return to Growth’
Hasbro: Video Games and eCommerce Will Drive ‘Return to Growth’
February 20, 2025  |  Earnings

Hasbro said Thursday (Feb. 20) that video games, services and eCommerce will play a key role in the company’s new strategy to “return to growth.”...

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Affirm and Shopify Expand Pay-Later Pact to Canada and UK
Affirm and Shopify Expand Pay-Later Pact to Canada and UK
February 20, 2025  |  BNPL

Buy now, pay later (BNPL) network Affirm has expanded its partnership with eCommerce infrastructure company Shopify. Get the Full Story Complete the form to unlock...

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eCommerce Grabs 17.9% of Overall Retail Sales in 2024’s Fourth Quarter  
eCommerce Grabs 17.9% of Overall Retail Sales in 2024’s Fourth Quarter  
February 19, 2025  |  eCommerce

The fourth quarter of 2024 capped a strong year for online retail sales, as holiday spending shifted to digital channels, capping a double-digit increase over...

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Etsy Prioritizes Mobile App and Loyalty Program to Up Consumer Engagement
Etsy Prioritizes Mobile App and Loyalty Program to Up Consumer Engagement
February 19, 2025  |  eCommerce

In 2024, Etsy focused on strengthening its core offerings, specifically its mobile app and the launch of its new loyalty program, to retool customer engagement...

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Shift4 Explores Tencent and Ant Pacts After Acquiring Global Blue
Shift4 Explores Tencent and Ant Pacts After Acquiring Global Blue
February 19, 2025  |  Partnerships / Acquisitions

Payments company Shift4 acquired tax-free shopping provider Global Blue in a deal that represents about $2.5 billion in enterprise value. Get the Full Story Complete...

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Trustly CEO: Loyalty and Savings Will Spur Consumers to ‘Go Bank-Direct’ at Checkout
Trustly CEO: Loyalty and Savings Will Spur Consumers to ‘Go Bank-Direct’ at Checkout
February 19, 2025  |  Payment Methods

The future of open banking seems unsettled. The Consumer Financial Protection Bureau’s rules governing data sharing and use among banks and FinTechs may — or...

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Amazon Discontinues Social Commerce Feature Inspire
Amazon Discontinues Social Commerce Feature Inspire
February 18, 2025  |  Amazon

Amazon is no longer offering Inspire, the social commerce feature with a video and photo feed of products that it added to its mobile app in...

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