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 […]
eBay to acquire social marketplace platform Tise Read More »
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
Google and PayPal team up on agentic commerce Read More »
Pinterest CEO Bill Ready told investors on the company’s second-quarter earnings call that the social app and inspirational bookmarking site could be considered an “AI-enabled shopping assistant.” However, he thinks that the agentic web, where AI agents shop on users’ behalf, is still far in the future. The remarks were made in response to a
Pinterest CEO says agentic shopping is still a long way out Read More »
Amazon’s Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic driven by generative AI products, including chatbots and browsers. According to a post-Prime Day analysis by Adobe Analytics, gen AI traffic to U.S. retail sites increased by 3,300% year-over-year — which was
Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300% Read More »
Arcade, a generative AI marketplace for designing jewelry, is expanding its offerings to include home goods, starting with rugs. The company on Monday also introduced a new feature called “Match My Room,” which allows users to upload a photo of their room so that their design complements the existing colors and style. Alongside this expansion,
AI creation platform Arcade expands from jewelry to home goods Read More »
Fintech giant Stripe is laying off 300 people, according to a leaked memo reported on Tuesday by Business Insider. The affected employees are “largely in product, engineering, and operations roles,” the memo said. Despite the layoffs, Chief People Officer Rob McIntosh said that Stripe intends to still grow its headcount by 17% “to land at
Stripe is laying off 300 people, but says it still plans to hire in 2025 Read More »
Daricus Releford always wanted to be a founder. In high school, he ran a hot dog station and in college launched a chocolate-covered strawberry business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My grandfather was one of the
StoreCash’s new app lets you instantly earn cash back at stores Read More »
Afloat, a gift delivery app that lets you shop from local stores and have gifts delivered to a loved one on the same day, is now available across the U.S. The startup announced on Monday that it is rolling out its service nationwide after previously only being available in select cities, including Atlanta, Dallas, Charleston, Fort
Gifting on-demand startup Afloat goes nationwide Read More »
Style DNA, an AI-powered fashion stylist app, creates a personalized style profile from a single selfie. The app is particularly useful for people interested in seasonal color analysis, a process used to determine the best colors to complement an individual’s skin tone. This service can be expensive, with experts charging upwards of $300. However, the
LTK (formerly LiketoKnow.it and RewardStyle), the influencer shopping app with 40 million monthly users, announced on Thursday the launch of a free direct message tool for creators to instantly share pre-set responses with followers. The new tool, called LTK DM, is integrated into the posts section of the LTK app. When a creator shares an
Influencer shopping app LTK gets an automatic direct message tool Read More »
