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FedEx Makes Major Foray Into eCommerce By Buying ShopRunner

PYMNTS

In pursuit of our purpose of creating the future of retail, we have built the foundation of a cross-brand ecosystem to create a simple shopping experience for consumers and to aggregate the scale of our network for our partners’ benefit,” Yagan said in the news release. ShopRunner CEO Sam Yagan offered a similar take on the deal. “In

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Is This The End Times For Brick-And-Mortar Retail?

PYMNTS

Retail apocalypse? Whatever you want to call the decline of brick-and-mortar retail – and it’s getting worse, according to a few recent reports – it’s not good. Among the latest dim figures about brick and mortar (or, if you prefer, the latest bright news for eCommerce operators)? Mere culling of the herd? Online Rising.

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India Payment And Commerce Competition Heats Up

PYMNTS

Google said that Tez , its digital payment app designed for the Indian market, will be rebranded as Google Play, which already operates in 20 countries. Tez — or Google Play in India — also will reportedly gain capabilities for online and offline retail after already being able to handle bank-based, bill and utility payments.

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Are Private Labels The Key To Cracking The Profitability Indian eCommerce?

PYMNTS

According to Morgan Stanley – India’s eCommerce market will be worth $200 billion by 2026 and see participation from 50 percent of India’s internet user base. Amazon’s international operating loss grew 29 percent to $622 million in the first quarter, partly due to its expansion push in India. Great Expectations And Big Buy-Ins.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

Chalk it up to “unviability of operations” in the wake of new regulatory guidelines, mandating upgrades that focus on the actual management of the physical cash at those machines. That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The jousting over eCommerce taxes — especially for U.S. Facebook Fines.

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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? Amazon is focused on globilizing its branded Marketplace, and will spend billions of dollars over the next decade to bring its model of low prices, vast selection, and fast delivery to the world.