Business

Chinese e-commerce giants report booming Singles Day sales

Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world's busiest online shopping day.

Machine learning & AI

Online shopping algorithms are colluding to keep prices high

Have you ever searched for a product online in the morning and gone back to look at it again in the evening only to find the price has changed? In which case you may have been subject to the retailer's pricing algorithm.

Software

Optimal shipping carton utilization

Products ordered online are often shipped in oversized cartons. The size of the overall package is frequently much larger than its contents. For example, a fragrance bottle is shipped in a shoebox-sized package, which has ...

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Online shopping

Online shopping is the process consumers go through to purchase products or services over the Internet. An online shop, eshop, e-store, internet shop, webshop, webstore, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or in a shopping mall.

The metaphor of an online catalog is also used, by analogy with mail order catalogs. All types of stores have retail web sites, including those that do and do not also have physical storefronts and paper catalogs. Online shopping is a type of electronic commerce used for business-to-business (B2B) and business-to-consumer (B2C) transactions.

This text uses material from Wikipedia, licensed under CC BY-SA