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.

Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
September 25, 2024  |  Point of Sale

Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and...

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Flipkart Introduces Service to Help Resellers Reach Customers
Flipkart Introduces Service to Help Resellers Reach Customers
September 25, 2024  |  eCommerce

Indian eCommerce giant Flipkart is getting into the reCommerce business. The company on Wednesday (Sept. 25) introduced “Flipkart Reset for Business,” a mobile app designed to help small and...

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Loop Debuts Tool to ‘Offset’ the Cost of Returns
Loop Debuts Tool to ‘Offset’ the Cost of Returns
September 25, 2024  |  Retail

Loop has debuted a solution to help merchants offset the cost of returns and reverse logistics. Dubbed “Offset,” the solution lets brands offer their customers the...

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DoorDash Commerce Platform Allows Businesses to Create Direct-to-Consumer Channels
DoorDash Commerce Platform Allows Businesses to Create Direct-to-Consumer Channels
September 25, 2024  |  Aggregators

DoorDash has introduced new tools designed to help merchants manage their in-store and online businesses, build their own branded mobile apps and manage their businesses...

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36% of Gen Z Pick FinTechs Over Banks for Online Payments
36% of Gen Z Pick FinTechs Over Banks for Online Payments
September 25, 2024  |  Banking

As digital solutions become more widely adopted, traditional financial institutions (FIs) face an escalating challenge from agile FinTech competitors. Younger consumers gravitate toward personalized financial...

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Stitch Fix Hopes for Revenue Growth by 2026 as It Implements Transformation Strategy
Stitch Fix Hopes for Revenue Growth by 2026 as It Implements Transformation Strategy
September 24, 2024  |  Retail

As Stitch Fix, the online personal styling service, navigates a challenging retail landscape with a transformation strategy designed to revive its financial performance and client...

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Google Slashes Gemini Prices and Boosts Performance of AI Models
Google Slashes Gemini Prices and Boosts Performance of AI Models
September 24, 2024  |  Artificial Intelligence

Google’s latest artificial intelligence models could accelerate AI adoption in eCommerce and retail, developers say, as the tech giant unveils upgrades designed to attract more...

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Nuvei Adds Split Payments to Its Platforms Offering
Nuvei Adds Split Payments to Its Platforms Offering
September 24, 2024  |  Payment Methods

Nuvei has unveiled several new features and enhancements for its Nuvei for Platforms product. “Nuvei for Platforms is designed to accelerate growth and drive revenue for...

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B2B Marketplaces Cash in on Fast, Flexible and Future-Forward Payments
B2B Marketplaces Cash in on Fast, Flexible and Future-Forward Payments
September 24, 2024  |  B2B Payments

Online marketplaces are all about innovation. And in the B2B procurement space, that innovation is increasingly starting and ending with better and more seamless payments....

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