Amazon Haul, the retail giant’s Shein and Temu competitor, launched last November, is getting its own standalone app. On Friday, Amazon announced the debut of Amazon Bazaar, a low-cost shopping destination available separately from the main Amazon shopping app. On Bazaar, most products are available under $10, and some are as low as $2, the […]
E-commerce software provider Shopify is bullish on AI-powered shopping agents, citing AI as an “incredible tool” to enable more entrepreneurs and calling it the “biggest shift in technology since the internet” during its third-quarter earnings call. The company, which partnered with ChatGPT maker OpenAI in September, reported that traffic from AI tools to its online
Shopify says AI traffic is up 7x since January, AI-driven orders are up 11x Read More »
Amazon announced on Wednesday that it’s developing AI-powered smart glasses for its delivery drivers. The idea behind the glasses is to give delivery drivers a hand-free experience that reduces the need to keep looking between their phone, the package they’re delivering, and their surroundings. The e-commerce giant says the glasses will allow delivery drivers to
Amazon unveils AI smart glasses for its delivery drivers Read More »
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
You’ll soon be able to shop Walmart from ChatGPT Read More »
The U.S. holiday shopping season is expected to bring in $253.4 billion in online sales this year, up 5.3% year-over-year, according to a new report from Adobe’s e-commerce connected division, Adobe Analytics. Adobe Analytics develops its predictions by analyzing over 1 trillion visits to U.S. retail sites, encompassing 100 million SKUs across 18 product categories.
Amazon on Wednesday announced the debut of Amazon Grocery, a new private-label brand that offers a range of grocery items, most of which are priced under $5. The brand offers everything from milk and olive oil to fresh produce, meat, and seafood. Amazon Fresh grocery items will be available online and at Amazon Fresh stores.
Amazon launches a grocery brand with most products under $5 Read More »
While quick commerce in India has become synonymous with 10-minute deliveries — and the hottest play for startups and investors — FirstClub is taking a slower, more curated route. Yet just three months after launching its app, the eight-month-old startup has tripled its valuation. At a post-money valuation of $120 million, the Bengaluru-based startup has
At a time when the world feels increasingly divided between East and West, Uzbekistan has emerged as a rare middle ground, as the Central Asian nation’s homegrown unicorn, Uzum, has raised $65.5 million in a new funding round co-led by China’s Tencent and the New York- and London-based VR Capital, with participation from U.S.-based FinSight
Uzbekistan’s first unicorn, Uzum, leaps to a $1.5B valuation Read More »
India’s financial crime watchdog has filed a complaint against Walmart-backed fashion e-commerce giant Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme that disguised retail operations as wholesale trade. This complaint marks the latest move in a broader crackdown by Indian authorities, which previously targeted Amazon and
YouTube made its pitch to advertisers on Wednesday, accompanied by a flashy performance from Lady Gaga and special appearances from popular YouTubers like Brittany Broski and MrBeast. During its upfront presentation, YouTube executives introduced new ad formats coming to the platform, including an enhanced shoppable connected TV (CTV) offering that includes a new interactive product
YouTube introduces an interactive product feed for shoppable TV ads Read More »
