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.

Businesses Begin Tacking On Fees in Response to Tariffs
Businesses Begin Tacking On Fees in Response to Tariffs
April 13, 2025  |  Retail

Companies across industries have begun issuing new fees in response to U.S. tariffs. And with those fees, The Wall Street Journal (WSJ) reported Sunday (April...

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Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe
Faume Raises $9.1 Million to Expand Fashion Resale Platform Across Europe
April 11, 2025  |  Investments

Faume has raised 8 million euros (about $9.1 million) to support the European expansion of its resale platform for premium and luxury fashion brands. The...

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Amazon and Walmart Overhaul Supply Chains as China Tariffs Bite
Amazon and Walmart Overhaul Supply Chains as China Tariffs Bite
April 11, 2025  |  Retail

When Walmart, the largest retailer in the U.S., abruptly withdrew its first-quarter operating income guidance last week, the message was unmistakable: the tariff storm is...

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Amazon CEO Andy Jassy: Consumers Likely to Pay Cost of Tariffs
Amazon CEO Andy Jassy: Consumers Likely to Pay Cost of Tariffs
April 10, 2025  |  Amazon

Amazon’s third-party sellers are likely to try to pass the cost of tariffs on to consumers, Amazon CEO Andy Jassy said Thursday (April 10). Interviewed...

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Trump Boosts Tariffs on Low-Value Packages Again After China Retaliates
Trump Boosts Tariffs on Low-Value Packages Again After China Retaliates
April 10, 2025  |  Politics

President Donald Trump increased the previously announced tariffs on low-value packages from China after that country retaliated against the U.S. by boosting its tariffs on...

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CarMax: Digital Capabilities Support Over 80% of Used Car Sales
CarMax: Digital Capabilities Support Over 80% of Used Car Sales
April 10, 2025  |  Earnings

CarMax’s digital capabilities now support over 80% of its used car sales, executives said Thursday (April 10) during a quarterly earnings call. The user car...

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Tariffs Force Chinese Sellers to Raise Prices or Leave Amazon
Tariffs Force Chinese Sellers to Raise Prices or Leave Amazon
April 10, 2025  |  eCommerce

U.S. tariffs have reportedly left Chinese companies on Amazon with a tough choice: Hike their prices, or leave the platform altogether. That’s according to a report late Wednesday (April...

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Amazon Reportedly Tests Using Delivery Drivers for Emergency Response
Amazon Reportedly Tests Using Delivery Drivers for Emergency Response
April 10, 2025  |  Amazon

Amazon has reportedly experimented with using its delivery drivers as emergency responders. The tech giant outfitted delivery vans in Europe with defibrillators to see whether those...

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Trump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?
Trump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?
April 10, 2025  |  Economy

Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview...

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