Amazon may be scaling back its AI-powered Just Walk Out checkout-free tech in its stores in favor of smart shopping carts, but Walmart-owned Sam’s Club says it’s turning to AI to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club […]
Sam’s Club’s AI-powered exit tech reaches 20% of stores Read More »
WeTransfer is adding new features that allow users to sell files directly on the platform, the company announced on Tuesday. According to one study, 87% of content creators have reported late or missed payments. With this new functionality, photographers, designers, illustrators and other creators will now be able to earn money immediately and not have to
True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On Monday, the company — once valued close to $12 billion — announced it would shut down its operations the U.S., the U.K. and Europe to focus solely
Getir pulls out of US, UK, Europe to focus on Turkey — 6,000+ jobs impacted Read More »
Ultra-fast fashion e-commerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services Act (DSA), the Commission announced Friday. Shein had reported passing an average of 45 million monthly users in the region — which is the threshold for the
Shein to face EU’s strictest rules for online marketplaces Read More »
Amazon said Tuesday that it has launched a new unlimited grocery delivery subscription for Prime members and customers with an EBT card (Electronic Benefit Transfer) in the U.S. if you’re living in one of the 3,500 eligible cities and towns. The company started testing grocery delivery in three locations last year: Denver; Sacramento, California; and
Amazon launches a new grocery delivery subscription in the US Read More »
Throughout hip-hop’s long history, jewelry has served as an important vehicle for artists to convey their ideas and affluence, or simply to dazzle onlookers. Diamonds, in particular, serve as an important motif, famously exemplified by Drake’s $400,000 diamond-encrusted iPhone case. But not everyone is a millionaire rapper, and most people can’t exactly afford to wear
Here’s a lab-grown diamond startup that’s attracted a16z’s attention Read More »
TikTok Shop, TikTok’s social commerce marketplace, is launching a secondhand luxury category in the U.K., putting it in closer competition with The RealReal, Vestiaire Collective, Depop, Poshmark, and Mercari, among others. The offering has already existed in TikTok Shop U.S. for over six months. The new category allows customers in the U.K. to purchase pre-owned
TikTok Shop expands its secondhand luxury fashion offering to the UK Read More »
Kenyan B2B e-commerce company MarketForce is winding down its B2B e-commerce business that served informal merchants (mom-and-pop stores) after a turbulent two-year period that saw it scale down operations severely. The shutdown of the B2B e-commerce arm dubbed RejaReja comes months after MarketForce withdrew the service from all its markets, including Nigeria and Kenya, save
MarketForce winds down its B2B e-commerce arm Read More »
CommentSold, the e-commerce tech startup that provides web and video tools to online retailers, launched a new generative AI–powered tool on Wednesday that can sift through livestreamed footage and generate short product explainer videos for sellers to post to their website, app and social media platforms. The “AI ClipHero” feature creates short clips from livestreamed
Live selling startup CommentSold uses AI to generate shoppable, social-ready clips Read More »
Amira Rasool founded The Folklore in 2018 to help fashion brands from emerging markets like Africa, Asia and The Caribbean tap into the international market. In 2022, the startup introduced The Folklore Connect, a B2B marketplace and wholesale management software for brands to sell to partner global retailers like Nordstrom, after it shifted from sourcing
B2B marketplace The Folklore bags $3.4M seed to get brands into global stores Read More »
