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PR Newswire ARCHIVE

Alibaba Group Names Goldman Sachs’ Michael Evans President  Aug 05, 2015 10:59 AM By MCM Staff

Globalization is Alibaba Group’s most important strategy for the coming decades, and its goal is to help 10 million global businesses and serve 2 billion consumers around the world. That’s why Alibaba Group announced the appointment of Michael Evans as President of Alibaba Group on Tuesday.

Macy’s, Bloomingdale’s Roll Out Same-Day Delivery in 9 New Markets  Aug 05, 2015 10:41 AM By MCM Staff

Macy’s is expanding same-day delivery service to nine additional markets, giving them 17 in all, surpassing Amazon which provides the service in 14 markets.

UPS to Acquire Coyote Logistics for $1.8 Billion  Aug 04, 2015 10:43 AM By MCM Staff

UPS will acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company, for $1.8 billion from Warburg Pincus.

Week in Review: eBay Now Same-Day Service Grounded  Jul 31, 2015 12:17 PM By MCM Staff

eBay has pulled the plug on its eBay Now same-day delivery pilot programs, but is still exploring solutions that fit better with its 25 million sellers. Here’s a look at this weeks’ news, commentary and events that shaped the direct-to-customer world… and more.

Visa and Stripe Partner to Expand Ecommerce Globally  Jul 30, 2015 2:33 PM By MCM Staff

Working together, Visa and Stripe, a mobile and online payment provider, will enable a global payments solution for new ecommerce experiences like “buy buttons” and new innovations to come.

Bitnet and Zooz Enable Merchants to Accept Bitcoin  Jul 30, 2015 2:28 PM By MCM Staff

Bitnet and Zooz have announced a strategic partnership that will enable merchants to accept bitcoin as a payment method on the Zooz payment platform.

UPS Access Point Network Expands to 100 Cities  Jul 29, 2015 2:57 PM By MCM Staff

UPS is expanding its Access Point pickup program to 100 U.S. cities by the end of 2015, with 8,000 locations here and 22,000 in 10 countries worldwide.

True Checkout Abandonment Can Be Reduced by 13%  Jul 27, 2015 12:18 PM By MCM Staff

A site abandonment survey of more than 60,000 ecommerce shoppers by Bizrate Insights found that retailers can reduce abandonment of those customers who visited with the intent to buy, but didn’t complete a purchase, by listening to their problems and their proposed solutions.

Week in Review: Jet Cleared for Takeoff, Crowds Ecommerce Skies  Jul 24, 2015 4:50 PM By MCM Staff

After a few months of beta testing, Jet has been cleared for takeoff. And the ecommerce skies have got a little more crowded. Here’s a look at this weeks’ news, commentary and events that shaped the direct-to-customer world… and more.

PayPal May Re-Open its Passage to India  Jul 24, 2015 8:36 AM By MCM Staff

PayPal, which was split from eBay last week, has struggled in the Indian market in the past, as it faced issues with the Reserve Bank of India. The RBI wanted the company to transfer the money held in its accounts to a bank within a pre-determined period, limiting its traditional functions.






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