PayPal growth slows amid e-commerce slump

(Source: Modern Retail) PayPal’s transaction revenue and payment volume both slowed in the most recent quarter as e-commerce comes under pressure from growing recession fears.

InvestGlass partners with Arab Bank for digital onboarding and portfolio management

(Source: The Paypers) The fintech is built on five pillars, namely digital onboarding, CRM, portfolio management, marketing automation, and investor portal. With InvestGlass…

PeakActivity acquires Lexima to further bolster their eCommerce expertise

(Source: PR Newswire) 7, 2023 /PRNewswire/ — PeakActivity, an eCommerce and technology services company, recently acquired Lexima, an eCommerce software agency specializing in…

Amazon and Alibaba lead in cross-border ecommerce

(Source: Digital Commerce 360) U.S.-based Amazon.com Inc. and China’s Alibaba Group Holding Ltd. remain the global leaders in cross-border ecommerce, but the U.S. and China have lost…

Amazon swings to a loss for 2022 as sales from e-commerce drop in Q4

(Source: Modern Retail) Amazon’s revenue growth increased, even as its core e-commerce business came under pressure from growing recession fears. The Seattle tech giant’s revenue…