While Venmo or Splitwise are effectively ‘debt collector’ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5m in a Seed funding round led […]
Cino cracks bill-splitting at the moment of payment, raises seed round Read More »
eBay announced on Thursday that it has updated its platform to help buyers find fast-shipping items and local listings, thanks to changes to Search item cards and additional usage of AI. The company is making it easier to identify items with fast delivery, as search item cards now display delivery range estimates for all fast
eBay makes it easier to find fast-shipping items and local listings Read More »
The boom in ecommerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, inventory, and marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series B
Shop Circle raises $60M to encircle ecommerce with an app suite Read More »
On the same day that President Donald Trump delayed ending a trade exemption targeting certain Chinese imports, ecommerce company Shopify published a blog post making its stance on U.S. trade policy clear. In the post, Shopify endorsed “open trade,” calling for regulators to give online merchants the “freedom to expand without constraints imposed by geopolitical
Shopify pushes for ‘open trade’ as Trump delays import exemption Read More »
TikTok’s e-commerce Shop feature is going live in Spain, the company announced on Tuesday, marking the first step of a wider European rollout. The launch indicates that TikTok parent ByteDance is speeding up the expansion of the TikTok Shop in European markets as a potential U.S. ban looms. Users in Spain will now be able
TikTok’s e-commerce ‘Shop’ platform launches in Spain Read More »
Amazon expanded Monday into online car sales with the launch of Amazon Autos, an e-commerce business that lets customers find, order, and buy new cars, trucks, and SUVs from dealerships. Amazon is kicking off the new endeavor with Hyundai in 48 U.S. cities, including Atlanta, Boston, Chicago, Los Angeles, and New York. The launch comes
Amazon is officially in the online car sales business Read More »
Pinstripe aims to reimagine the secondhand market by offering sellers the opportunity to have both a digital storefront and a physical retail presence. Launched in June, the platform offers an alternative approach compared with other marketplaces like Archive, Depop, Facebook Marketplace, and Poshmark. With Pinstripe, sellers take their clothes to local consignment stores, vintage shops,
Pinstripe wants to redefine the way online sellers sell secondhand clothing Read More »
Mariam Naficy, the founder of cosmetics retailer Eve and design marketplace Minted, has a long history of supporting independent artists and helping them sell their products. Her latest venture, Arcade AI, is a new type of marketplace that puts creative control directly into the hands of users. The generative AI platform, which launched its beta
Arcade, a new AI product creation platform, designed this necklace Read More »
Amazon on Wednesday introduced the latest in a series of AI features and products aimed at consumers: AI shopping guides. The guides, arriving Thursday, will span over 100 product types on Amazon.com and will help to consolidate the key information consumers tend to research before making a purchase as well as provide a list of
Amazon debuts AI-powered Shopping Guides Read More »
Stefanos Loukakos, formerly a director at Meta’s business-focused Messenger division and, briefly, the tech giant’s blockchain org, noticed several years ago that online retailers were struggling to connect with potential shoppers. The problem, in his opinion, was that their marketing campaigns weren’t tailored enough. Merchants were sending generic social media, text, and email blasts that failed to
Connectly, now backed by Alibaba, taps AI to personalize text messages to customers Read More »
