Ecommerce platform AmeriCommerce launches new payment solution

AmeriCommerce, a US-based ecommerce platform, has announced the release of AmeriCommerce Payments for all of its merchants. The platform allows unlimited transactions and order volume regardless of plan level. With AmeriCommerce Payments, merchants can start accepting payments within minutes of signing up while having a complete view of all their transaction details in one place.... Continue Reading →

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Farfetch, JD.com expand ecommerce partnership

Farfetch and JD.com have announced the expansion of their partnership in order to provide the “Premier Luxury Gateway to China” for luxury brands. Under the agreement, Toplife will merge into Farfetch China while Farfetch will gain an entry point on the JD.com app, providing JD.com’s 300 million customers with access to more than 3,000 brands via... Continue Reading →

Payments technology startup Modo announces new product for merchants

Modo, a payments technology startup, has announced their /Checkout product, focused on streamlining the payment stack for ecommerce merchants. /Checkout increases basket size and the lifetime value of customers by expanding the number and type of payments options. Moreover, /Checkout enables merchants to see the total cost of payments on a transaction-by-transaction basis to facilitate... Continue Reading →

Office Depot, Alibaba to open co-branded online store

Office Depot and Alibaba have announced they are opening a co-branded online store to expand the reach of both companies with small and medium-sized businesses (SMEs). The two companies announced the agreement as part of a broader array of services they are providing to small business. Over time, the companies intend to help US-based small businesses sell their... Continue Reading →

PayPal to close its offices in Malaysia

PayPal, a company operating a worldwide online payments system that supports online money transfers, has announced it will close its offices in Malaysia. That operations centre, located in the capital Kuala Lumpur, was opened in 2011. All PayPal Malaysia employees will be affected by this closure; however, according to the company, it will help employees... Continue Reading →

UAE’s mall developer Majid Al Futtaim gears up to revamp City Centre Deira for Dh377 million

Dubai: Majid Al Futtaim has said it will invest Dh377 million in renovating over 30 per cent of City Centre Deira, which opened over 20 years ago, in an effort to modernise the mall and attract new tenant and customers. The Dubai-based retail and real estate giant will redesign parts of the mall to optimise... Continue Reading →

Zomato delists 5,000 restaurants in Feb for failing to meet hygiene standards

Zomato CEO (Food Delivery Business) Mohit Gupta said: "We are adding 400 restaurants to our platform every day. So, it is crucial that our restaurant partners are compliant with regulations and hygiene standards." New Delhi: Online restaurant guide and food ordering firm Zomato Friday said it has delisted over 5,000 restaurants in February for non-compliance with the... Continue Reading →

Uber Eats India likely to end up on Swiggy’s plate

The transaction is likely to be a share swap, sources said, giving Uber about 10% stake in the Bengaluru-based company last valued at $3.3 billion. BENGALURU/NEW DELHI: In what would be one of the most significant consolidation moves in the sector, Uber Eats, the food delivery arm of the global ride-hailing platform, is in final stages of... Continue Reading →

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