eCommerce

How a headphone site operator built loyalty startup Lantern to solve his own problems

Fundraising /

Andrew Lissimore has been running the audio apparel site Headphones.com for nearly a decade now. While audiophiles have a high affinity towards their gear and want to try out new gadgets, Lissimore wasn’t satisfied with continuously spending money on platforms like Meta and Google to acquire new customers; he wanted to find a way to […]

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eBay to acquire social marketplace platform Tise

Commerce /

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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Etsy faces user boycott over ‘Alligator Alcatraz’ branded products

Commerce /

The Florida GOP isn’t the only one profiting from the detention center known as “Alligator Alcatraz” by selling merchandise. A subset of Etsy buyers and sellers began a boycott of the online marketplace this month over its decision to allow “Alligator Alcatraz”-branded merchandise on its site. Today, this sort of merchandise — including T-shirts, hats,

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GenAI as a shopping assistant set to explode during Prime Day sales

Commerce /

A new report estimates that AI will be a larger-than-ever part of the online shopping process during Amazon’s Prime Day sale, which began Tuesday morning. Amazon’s annual sale, which this year spans four days (July 8-11), is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own

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Remark raises $16M to build out human-powered expert models for e-commerce

Fundraising /

Startups working on AI-powered e-commerce tools often rely on external data or user signals to build and improve their models. However, a company called Remark is taking a different approach by letting thousands of human experts chat with users while they are purchasing items, and then using that knowledge to train models. Remark also makes

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India’s GoKwik raised a small $13M round for a hefty leap in valuation

Startups /

GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced

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Amazon to spend over $4B to expand Prime delivery to rural communities in the US

Commerce /

Amazon announced on Tuesday that it is expanding its Same-Day and Next-Day delivery services to over 4,000 small cities and towns across rural U.S. This expansion will bring its fast Prime delivery service to millions of customers in places such as Asbury, Iowa; Fort Seneca, Ohio; Lewes, Delaware; North Padre Island, Texas; and Sharptown, Maryland.

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Chinese marketplace DHgate becomes a top US app as trade war intensifies

Commerce /

The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the Apple App Store in the U.S. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually

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