Commerce

PayPal’s Honey to integrate with ChatGPT and other AIs for shopping assistance

After teaming up with Google on agentic commerce last month, payments giant PayPal announced Tuesday it’s adding new features to its PayPal Honey browser extension. The features will provide AI chatbot users, who are researching items they want to purchase, Honey’s product recommendations, pricing, and access to deals. When users ask their preferred AI chatbot a shopping-related question, PayPal

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OpenAI takes on Google, Amazon with new agentic shopping system

ChatGPT users in the U.S. can now make Etsy and Shopify purchases within conversations, marking a next step towards the future of online shopping – both for consumers and the platforms that control product discovery, recommendation, and payments. In other words, OpenAI might be on the path to reshaping who holds power in e-commerce.  OpenAI’s new “Instant Checkout” feature is available to ChatGPT Pro, Plus, and Free

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eBay to acquire social marketplace platform Tise

eBay announced on Monday that it’s acquiring Tise, a social marketplace for second-hand fashion and interior design items. The financial terms of the deal were not disclosed. eBay says the Oslo, Norway-based company’s platform will open the door to a community of Gen Z and millennial customers. The company also says Tise’s community features, such as

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Google and PayPal team up on agentic commerce

PayPal announced on Wednesday a new multi-year partnership with Google that will see the payments giant using Google’s AI technology to create new AI-powered shopping experiences. PayPal’s solutions, meanwhile, will be integrated across Google’s products, and PayPal will work with Google Cloud on hosting and improving its technology infrastructure. The companies did not detail what

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Amazon launches AI agent to help sellers complete tasks and manage their businesses

Amazon announced on Wednesday that it’s introducing an always-on AI agent that will help sellers on its platform run their businesses. The company is updating Seller Assistant, its AI tool for third-party sellers, to help handle tasks on the seller’s behalf. “Our agentic AI capabilities are designed to work seamlessly throughout the entire selling experience,

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India’s Urban Company soars 58% above IPO price in year’s most subscribed offering

Urban Company, India’s largest home services platform, stormed onto the public markets on Wednesday, opening 58% above its issue price after delivering the country’s most subscribed IPO of the year. The Gurugram-based startup, which connects users to at-home services ranging from beauty treatments to appliance repair, debuted on the Mumbai-based National Stock Exchange at ₹162.25

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YouTube unveils new ways for creators to earn with brand deals, YouTube Shopping program

At its Made on YouTube event on Tuesday, the company unveiled a series of new ways for creators to earn more with brand deals and the YouTube Shopping program, which lets creators earn money by featuring and tagging products in their content. Most notably, YouTube is going to allow creators to swap out brand sponsorships

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