eCommerce

eCommerce
eCommerce Firm Wish Awarded EU Payment Services License
July 06, 2021

Global eCommerce marketplace Wish is expanding into payments processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

eCommerce
India’s eCommerce Rules Could Hike Business Costs, Report Says
July 06, 2021

Amazon and Tata Group privately told government officials in India on July 3 that planned stiffer regulations covering online retail companies could substantially harm their business models, Reuters reported, citing multiple unnamed sources. Get the Full Story Complete the form to unlock this article and...

eCommerce
Korea Fair Trade Commission Probes Coupang’s Algorithm Use
July 05, 2021

Coupang, based in South Korea, has been mired in allegations that it has messed with search algorithms to prioritize its own products over rivals’, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
Hepsiburada Finishes Off US IPO As It Eyes Super-App Future 
July 01, 2021

Hepsiburada may not be a household name here in the U.S., but as of its IPO on the Nasdaq on Thursday (July 1), the company now carries a $1.9 billion valuation from the first-of-its-kind listing by a Turkish firm. With the funds now in hand,...

eCommerce
Stor.ai CEO: Sticking The Landing Keeps eGrocery Customers Coming Back
June 30, 2021

Ordering groceries online from the comfort of one’s couch is not going anywhere. As recent PYMNTS data show, 72 percent of grocery shoppers now order their groceries online for delivery, with 28 percent more ordering for curbside pickup. As the category grows, solutions for grocers...

eCommerce
Shopify Lowers Developer Fees, Upgrades Checkout, Gateway Options
June 29, 2021

Shopify has rolled out several new updates to its shopping platform, including reducing the developer revenue share to 0 percent for the first $1 million the companies earn annually, a press release says. Get the Full Story Complete the form to unlock this article and...

eCommerce
Gamified eCommerce Platform Underground Cellar Protects Wineries By Reframing Value
June 29, 2021

For many consumers, wine is more than a beverage — it is a symbol. A high-value bottle of wine represents status and access, and knowledge of the many different factors that can make a bottle of wine valuable can be a symbol of social standing....

eCommerce
Online Classifieds Marketplace Carousell Eyes $1.5B SPAC Deal
June 28, 2021

Singapore-based Carousell is looking at going public by merging with a so-called blank-check company in the U.S. Sources told Bloomberg that the multinational operator of online classified advertising is working with an adviser. Get the Full Story Complete the form to unlock this article and...

eCommerce
New OfferUp CEO Aims To Grow Commercial Side Of Local Commerce Platform
June 28, 2021

OfferUp, like a lot of businesses, started out as an attempt to solve the problem of its founder, Nick Huzar; namely a room full of stuff in his house that had to go because he had a baby on the way and needed both the...