Commerce

India’s Snabbit valuation doubled to $180M in 5 months on its quick house-help bet

Commerce /

India’s appetite for instant convenience — once confined to food and grocery delivery — is expanding into house help. That shift has helped Snabbit, an on-demand home-help startup, secure $30 million in new funding and lift its valuation to $180 million, up from $80 million five months ago. The all-equity Series C round — Snabbit’s […]

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Etsy names former head of Depop, Kruti Patel Goyal, as its new CEO

Commerce /

Online marketplace Etsy said on Wednesday that its long-time CEO, Josh Silverman, would step down by the end of the year. Kruti Patel Goyal, Etsy’s president and chief growth officer, will become the company’s next CEO. Silverman, who headed the marketplace for eight years, will become its executive chairman. Goyal worked at Etsy for more

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PayPal partners with OpenAI to let users pay for their shopping within ChatGPT

Commerce /

Paypal said on Tuesday that it is adopting a protocol in combination with OpenAI’s “Instant Checkout” feature to let users pay for their shopping directly within ChatGPT, starting in 2026. Paypal is adopting the Agentic Commerce Protocol (ACP), an open-source specification developed by OpenAI that lets merchants make their products available within AI apps, consequently

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Automattic files counterclaims against WP Engine in WordPress lawsuit, alleging trademark misuse

Commerce /

On Friday, WordPress maker Automattic filed its counterclaims in the lawsuit initiated by hosting company WP Engine in October 2024, which had accused Automattic and its CEO, Matt Mullenweg, of defamation and abuse of power. Automattic believes that WP Engine has been abusing the WordPress trademark and has engaged in deceptive marketing practices, without properly giving back to the open source community.

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Amazon’s new AI shopping tool tells you why you should buy a recommended product

Commerce /

Amazon has been stuffing AI features into its shopping experience for the past few years now. Today, the company unveiled a new feature called “Help me decide,” which takes into account your searches, browsing and shopping history on Amazon to suggest products and describe why a particular product is right for you For example, if

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Waymo dips its wheels back into delivery, this time with DoorDash

Commerce /

The sprawling metropolis of Phoenix continues to be a testbed for Waymo, and not just on the technical front. The Alphabet-owned company has used its first testing and commercial market to experiment with its business model, too, including delivery. Waymo is known for its robotaxis, but it has tested how its tech could be used

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Zepto raises $450 million at $7 billion valuation as Indian quick commerce market heats up

Commerce /

Indian quick commerce startup Zepto said it has raised $400 million in a funding round led by a new investor, California Public Employees’ Retirement System (CalPERS), a U.S.-based pension fund. The round, which is a mix of primary and secondary investment, also has participation from existing investors, including Avenir, Avra, Lightspeed, Glade Brook, The Stepstone

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You’ll soon be able to shop Walmart from ChatGPT

Commerce /

Walmart announced on Tuesday a new partnership with OpenAI that will allow consumers to shop Walmart’s products via the AI chatbot, including things like groceries (not fresh food), household essentials, and more, and then instantly check out. The agentic shopping feature will also allow Sam’s Club members to plan meals and restock essentials while also

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India pilots AI chatbot-led e-commerce with ChatGPT, Gemini, Claude in the mix

Commerce /

India has kicked off a pilot to let consumers shop and pay directly through AI chatbots, with OpenAI’s ChatGPT leading the rollout and integrations with Google’s Gemini and Anthropic’s Claude in development, as the South Asian nation becomes the next major market for global AI companies. On Thursday, the National Payments Corporation of India (NPCI),

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