Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face the European Union’s strictest rules after authorities designated the company a “very large online platform” (VLOP) under the Digital Services Act (DSA). The news comes some two weeks after European consumer protection groups filed coordinated complaints against Temu over an […]
The fresh produce supply chain in Africa and emerging markets is faced with a daily list of cascading challenges. They include environmental and labor issues through to logistical ones food wastage to poor demand-supply synchronization. These various issues affect stakeholders differently: farmers struggle with sales, while retailers struggle to negotiate effectively. Several agritech startups have
YoLa Fresh, a GrubMarket for Morocco, digs up $7M to connect farmers with food sellers Read More »
Pinterest announced today that it is evolving its Creator Inclusion Fund. Pinterest teamed up with Shopify’s Build Black & Narrative program to allow small business owners from or who serve underrepresented backgrounds to now apply for the Creator Inclusion Fund. Previously, only traditional content creators applied. This is a new iteration of the fund, which
Pinterest expands its Creator Fund to allow founders Read More »
India’s energy and infrastructure giant Adani Group is plotting a move into digital payments and e-commerce, according to a Financial Times report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s Reliance, Amazon, and Walmart’s Flipkart and PhonePe. Adani is considering applying for a license to operate on India’s Unified Payments
Shopping is fun, but making a decision on one set of skis among thousands of possibilities is not. That’s where Remark comes in. The two-year-old startup is helping shoppers buy with more confidence, said Theo Satloff, co-founder and CEO of Remark. It does this by pairing shoppers with high-quality product experts via an asynchronous live
Remark puts thousands of human product experts into AI form Read More »
Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In a statement shared with TechCrunch and other publications, Expedia said Murthy and Rachamadugu are “no longer employed at Expedia Group” due to an unspecified “violation
Expedia says two execs dismissed after ‘violation of company policy’ Read More »
Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In a statement shared with Bloomberg and elsewhere, Expedia said Murthy and Rachamadugu are “no longer employed at Expedia Group” due to an unspecified “violation of
Expedia says two execs dismissed after ‘violation of company policy’ Read More »
From our days clipping coupons out of the newspaper to doing a search for a coupon code online, consumers are all about finding benefits and perks when shopping. Kudos is one of those companies helping us do that. It has created an AI-powered smart wallet that recommends the right credit card to maximize rewards and
Kudos lands $10M for an AI smart wallet that picks the best credit card for purchases Read More »
Poshmark, the social commerce site that lets people buy and sell new and used items to each other, launched a paid marketing tool on Thursday, giving sellers the ability to promote their entire shop at once. Poshmark’s new feature, called “Promoted Closet,” uses machine learning to automatically promote individual product listings from a seller’s entire
Poshmark’s ‘Promoted Closet’ tool lets sellers boost all their listings at once Read More »
Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. On the other hand, it also underscores Delivery Hero’s ongoing retreat from that same market: the sale
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash Read More »
