[go: up one dir, main page]

Commerce

Retail, online shopping, e-commerce, and social commerce are a huge and ever-changing industry. Our commerce news covers everyone from Amazon, Shopify and Walmart to all the newest and hottest DTC brands, as well as influencers making the shift into selling products online.

Indian food delivery and quick commerce startup Swiggy is pivoting one of its smaller businesses, Swiggy Minis, into a link-in-bio service.

Swiggy turns Minis into a link-in-bio platform

Amazon’s Prime Day event clocked record sales this year, as U.S. consumers spent $14.2 billion across July 16 and 17, according to Adobe Analytics. This marks an 11% jump from…

Amazon Prime Day 2024 sales hit record $14.2 billion

Adobe’s report noted that consumers spent $7.2 billion on the first day as compared to $6.4 billion on the first day in 2023.

US buyers spent $7.2B on the first day of Amazon’s Prime Day sales event

The tests indicate there are loopholes in TikTok’s ability to apply its parental controls and policies effectively in a situation where the teen user originally lied about their age, as…

Some teens under 18 may have have access to TikTok Shop, despite adults-only policy

The AI chatbot has been trained on Amazon’s product catalog, customer reviews, community Q&As, and other public information found around the web.

Amazon AI chatbot Rufus is now live for all US customers

Dark patterns refer to a range of design techniques that can subtly encourage users to take some sort of action or put their privacy at risk.

FTC study finds ‘dark patterns’ used by a majority of subscription apps and websites

The European Union has designated adult content website XNXX as subject to the strictest level of content regulation under the bloc’s Digital Services Act (DSA) after it notified the bloc…

XNXX joins handful of adult sites subject to EU’s strictest content moderation rules

Etsy has been grappling with an influx of generic “junk” and AI-generated products on its platform. The service revised its seller policy on Tuesday, introducing new labels that clarify whether…

Etsy adds AI-generated item guidelines in new seller policy 

Berlin-based food delivery giant Delivery Hero has warned investors it may “ultimately” face an antitrust fine of up to €400 million. The development, reported earlier by Reuters, follows unannounced raids…

Delivery Hero warns it could face €400M antitrust fine

In its latest step targeting a major marketplace, the European Commission sent Amazon another request for information (RFI) Friday in relation to its compliance under the bloc’s rulebook for digital…

Amazon faces more EU scrutiny over recommender algorithms and ads transparency

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…

Gifting on-demand startup Afloat goes nationwide

Ultra-low-cost e-commerce giants Shein and Temu have only recently been confirmed as subject to centralized enforcement of the strictest layer of the European Union’s digital services regulation, the Digital Services…

Following raft of consumer complaints, Shein and Temu face early EU scrutiny of DSA compliance

The salad days of fresh grocery delivery startups are over, but those that have stayed the course, and built businesses that are seeing gains, are still here and hungry for…

Rohlik rolls up $170M to expand in European grocery delivery and sell its tech to others

TikTok is gearing up to challenge Amazon’s Prime Day event in July. The social network announced on Thursday that TikTok Shop is holding a “Deals For You Days” sales event…

TikTok to challenge Amazon Prime Day with its own sales event in July

Amazon is facing another competition lawsuit in the U.K. The latest claim, which was filed Thursday, is seeking more than £2.7 billion in damages — or around $3.4 billion at…

Amazon hit with fresh class action-style suit in UK — $3.4B in competition damages sought for 200,000+ sellers

Indian e-commerce giant Flipkart has quietly started rolling out a payments app, dubbed Super.money, as it broadens its fintech ambitions. 

Flipkart Group launches payments app, Super.money, in fintech push

Amazon said today that its annual Prime Day sales event will take place on July 16 and 17.

Amazon to hold Prime Day sales on July 16 and 17

Consumer technology is hard, but few people have mastered it as well as Matt Rogers, co-founder of Nest and now Mill, his new startup that promises to turn your table…

Matt Rogers, Nest and Mill co-founder, talks mastering consumer tech at Disrupt 2024

Shopify merchants can now sell their items to Target’s millions of shoppers, thanks to a new partnership. The companies announced on Monday that sellers on the commerce platform can apply…

Target and Shopify team up to expand Target’s third-party marketplace

Zepto, an Indian quick commerce startup, has more than doubled its valuation to $3.6 billion in a new funding round of $665 million.

Zepto, a 10-minute delivery app, raises $665M at $3.6B valuation

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…

Influencer shopping app LTK gets an automatic direct message tool

Online shopping trends are expected to stay strong this year, but e-commerce is more fragmented than ever. With brands selling on so many platforms — from TikTok Shop, to established…

Daydream rakes in $50M seed funding to build an AI-powered search engine suited for e-commerce

Amazon is bringing its generative AI listing smarts to more sellers, revealing today that those in France, Germany, Italy, Spain and the U.K. can now access tools designed to improve…

Amazon extends generative AI-powered product listings to Europe

Featured Article

Can quick commerce leapfrog e-commerce in India?

Even as quick commerce startups are retreating, consolidating or shutting down in many parts of the world, the model is showing encouraging signs in India. Consumers in urban cities are embracing the convenience of having groceries delivered to their doorstep in just 10 minutes. The companies making those deliveries —…

Can quick commerce leapfrog e-commerce in India?

Apple announced at last week’s WWDC 2024 that users would be able to access loans through third-party app Affirm through Apple Pay.

Apple kills Pay Later feature ahead of Affirm integration

Finaloop’s solution is a platform that uses automation in the background to track transactions covering three different functions in one.

From sperm freezing to accounting tools, Finaloop scores $35M to solve e-commerce retailers’ bookkeeping headaches

Care/of, a company offering personalized subscription vitamin packs, says it will be canceling all subscriptions as of Monday, June 17 and will no longer be accepting new orders. The news…

Subscription vitamin company Care/of is shutting down

RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages.

YC grad RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions

The merger has yet to close due to extended due diligence amid ongoing restructuring and macroeconomic headwinds across multiple countries.

Sources: Wasoko-MaxAB e-commerce merger faces delays amid headwinds in Africa

Meta launched its Meta Verified program today along with other features, such as the ability to call large businesses and custom messages.

Meta rolls out Meta Verified for WhatsApp Business users in Brazil, India, Indonesia and Colombia