April 19, 2024
Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg...
April 19, 2024
Amazon-Walmart Rivalry for Consumer Retail Spend Turned in 2022
PYMNTS Intelligence has closely watched the two leading U.S. retail giants — Amazon and Walmart — duke it out since 2019, sharing our findings in regularly released reports. As our...
April 19, 2024
DMA AI IKK
By: Rupprecht Podszun (D’Kart) The Digital Markets Act flexes its muscles: The European Commission has initiated its first investigations for non-compliance against Apple, Alphabet, and Meta. Rupprecht Podszun provides insights...
April 19, 2024
Amazon and Walmart Race to Integrate Commerce and Content
As shopping and entertainment become increasingly intertwined, Amazon and Walmart are looking for new ways to drive sales via content. On Tuesday (April 16), Amazon Live announced a new interactive, shoppable channel called FAST Channel on Prime...
April 18, 2024
Regulations, Innovations and AI Define This Week in Big Tech
Big Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not only do these businesses represent many of the world’s most valuable public companies by market capitalization,...
April 18, 2024
Gen Z Shoppers Bring Social Commerce Into Malls
Social media virality is beginning to shape mall stores, as ultra-connected Gen Z shoppers expect their physical lives to more closely resemble their digital ones. For instance, young social media...
April 18, 2024
Cart.com to Simplify Onboarding, Provide Services for Walmart Marketplace Sellers
Cart.com is working with Walmart Marketplace to simplify onboarding and help both new and existing sellers grow their sales on that platform. Customers using Cart.com’s multichannel management platform will be...
April 18, 2024
Nearly 40% of Millennials Rely on Retail Subscriptions for Shopping
Retail subscriptions represent a massive growth opportunity for eCommerce merchants. PYMNTS Intelligence data reveals that more and more consumers are choosing to take advantage of the convenience that online retail...
April 17, 2024
Google Laying Off Unspecified Number of Employees Amid Shifting Priorities
Google is laying off an unspecified number of employees and shifting some roles to other countries as part of a continuing effort to cut costs. The employees will be able to...
