Commerce

Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses

It’s easy to assume the e-commerce ship has sailed when you consider we have giant outfits like Shopify, WooCommerce and Wix dominating the sector. But the opportunity for e-commerce platforms that cater to brands remain vast and fertile, since so many smaller businesses continue foraying into the internet in the wake of the pandemic. Further […]

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eBay adds an AI-powered ‘shop the look’ feature to its iOS app

eBay on Tuesday launched a new generative AI-powered feature to appeal to fashion enthusiasts: a “shop the look” section within its iOS mobile app that will suggest a carousel of images and ideas, based on the customer’s shopping history. The company says its recommendations will be personalized to the end user and will evolve as

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YouTube launches new Shopping features to help creators market products and grow their earnings

YouTube announced on Tuesday that it’s launching new Shopping features that allow creators to curate shoppable collections, better plan their shoppable videos, quickly monetize older videos and more. The launch of the new features come as TikTok Shop is seeking to take on YouTube Shopping and other competitors in the space. TikTok is reportedly aiming to

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Amazon takes on India rivals with low-cost fashion store

Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, which have made deeper inroads in the Indian fast-fashion market. The world’s largest e-commerce firm has rolled out the new store on its India Android

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US and EU commit to links aimed at boosting AI safety and risk research

The European Union and United States put out a joint statement Friday affirming a desire to increase cooperation over artificial intelligence. The agreement covers AI safety and governance, but also, more broadly, an intent to collaborate across a number of other tech issues, such as developing digital identity standards and applying pressure on platforms to

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