AI Articles and Analysis about E-commerce

Founded in 1982, Cigna is a healthcare and insurance company based in Bloomfield, Connecticut. Cigna is a Fortune 15 global company and employs over 70,000 individuals. Cigna offers health, life, and accident insurance. They also offer Medicare and Medicaid products.

Retail fraud and loss prevention have always been significant business concerns impacting profitability and customer trust. However, with the emergence of AI technologies, there is a newfound potential to combat these challenges more effectively. 

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The COVID-19 pandemic fundamentally changed how consumers shop, driving more consumers than ever to transact online with traditionally brick-and-mortar retailers. While these economic forces have affected all retail, perhaps none was more profoundly disrupted than the grocery sector.

There’s more to successful AI adoption than picking the right technology. Business leaders should be aware of the technical requirements of the initiative they’re undertaking, and few of those requirements are as important as data.

The company that would become eBay was founded as a sole proprietorship under the name AuctionWeb in September 1995 by Pierre Omidyar. The company changed its name to eBay in September 1997. The company reports selling just over $7 million in goods before being a California-registered corporation in May 1996.

Per Alibaba’s annual report, its revenue in 2021 exceeded 717 billion yuan (approximately 109 billion U.S. dollars), while its active yearly customers reached nearly 1.3 billion people. As of March 2022, Alibaba trades on the NYSE and has an approximate market cap of $225 billion.

The company that would become PayPal Holdings first entered the electronic payments space in 1999, a year after being founded as Confinity. Confinity merged with Elon Musk’s x.com in 2000 and was renamed PayPal the following year. The company went public in 2002 shortly before its acquisition by eBay, through which it became “the site’s official payments provider.” eBay spun off PayPal as an independent company in 2015.