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.

Mytheresa Credits ‘High-Spending’ Shoppers for 13% Sales Growth
Mytheresa Credits ‘High-Spending’ Shoppers for 13% Sales Growth
February 11, 2025  |  eCommerce

Online luxury fashion retailer Mytheresa says “high-spending, wardrobe-building” consumers helped drive a strong quarter. The Dutch company on Tuesday (Feb. 11) released earnings showing sales...

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Temu Switches Supply Chain Management Style Following Trump Tariffs
Temu Switches Supply Chain Management Style Following Trump Tariffs
February 11, 2025  |  eCommerce

eCommerce giant Temu is reportedly overhauling its Chinese supply chain following new U.S. tariffs. In a change that could lead to higher prices, the shopping...

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Shopify CEO Bullish on Future as Shop Pay Accounts for 38% of Volume
Shopify CEO Bullish on Future as Shop Pay Accounts for 38% of Volume
February 11, 2025  |  Earnings

Shopify President Harley Finkelstein highlighted the company’s fiscal performance in the fourth quarter of 2024, marking a solid finish to the year. “I’ve honestly never been...

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78% of US Online Retailers Want Tech Upgrades to Improve Checkout Experience
78% of US Online Retailers Want Tech Upgrades to Improve Checkout Experience
February 11, 2025  |  Checkout Conversion

Middle-market merchants are focusing on improving the checkout experience to better serve customers and improve conversion rates. According to a PYMNTS Intelligence report, “U.S. Merchants...

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Credit Cards and Convenience: The Role of Digital in Travel Spending
Credit Cards and Convenience: The Role of Digital in Travel Spending
February 11, 2025  |  Travel Payments

Planning and booking — and especially paying for — trips used to be a largely analog affair. Paper-based brochures and travel guides in hand, with...

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Bookshop.org’s CEO on Taking the Fight to Amazon With eBooks
Bookshop.org’s CEO on Taking the Fight to Amazon With eBooks
February 10, 2025  |  eCommerce

In a world where eBooks are gaining popularity, traditional bookstores face an uphill battle to stay relevant. While Amazon continues to dominate the digital book...

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Retail’s Digital Tipping Point: Payments Plus Rewards With a Lot More Mobile
Retail’s Digital Tipping Point: Payments Plus Rewards With a Lot More Mobile
February 10, 2025  |  Retail

Before the pandemic pushed us all to live life electronically, going shopping was an active pursuit. Consumers browsed, budgeted, planned, and even dressed up to...

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Report: Shein Considers 25% IPO Valuation Cut After Tariff Increase
Report: Shein Considers 25% IPO Valuation Cut After Tariff Increase
February 07, 2025  |  IPO

The imposition of tariffs on small packages imported to the United States from China reportedly led Shein to consider cutting its valuation in a potential...

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Report: 60% of UK Merchants Request One-Click Checkout
Report: 60% of UK Merchants Request One-Click Checkout
February 07, 2025  |  Mastercard

For online merchants — no matter in which country they operate, no matter what they are selling — there are two sides to what might...

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