Market research company Numerator said Friday (July 11) that the average household spend during Amazon’s first four-day Prime Day sales event reached $156.37. The average order size during the event was $53.34, and nearly two-thirds of the households that shopped during Prime Day placed two or more orders,...
Adobe said Monday (July 7) that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all U.S. retailers that comes from generative artificial intelligence (AI) chat services and browsers to leap...
Will U.S. tariffs cause shoppers to sit out this year’s Prime Day? Amazon kicked off its annual summer sale on Tuesday (July 8), but as Bloomberg News reported, the trade war has caused some consumers — and some brands — to stay away. The report notes that the...
Watch more: Local Payment Methods Key to Winning Share Across European Markets For eCommerce firms, the European Union can present a tantalizing opportunity and a logistical labyrinth. With 27 member states, 24 official languages, a range of economic profiles and unique consumer behaviors, the EU...
Instacart has launched a rewards debit card for its contract “shopper” employees. The Instacart Shoppers Rewards Card, which debuted July 1 in partnership with workforce payments platform Branch, lets these workers get free, automatic payouts of their earnings. “We’re doubling down on our dedication to...
In May 1999, a group of entrepreneurs launched an online B2B website called Alibaba.com, which operated out of a small apartment in Hangzhou, China. Its goal was to connect Chinese manufacturers and trading companies with overseas buyers. Over the decades, Alibaba would branch out into...
Remark raised $16 million in a Series A funding round for its artificial intelligence personas that are trained by human product experts to deliver personalized guidance to online shoppers. The company will use the new funding to expand into new verticals, grow its network of...
Amazon says its annual Prime Day sale is doubling in size this summer. The retail giant announced Tuesday (June 17) that the event will stretch over four days instead of the usual two, running from July 8 through July 11. Also new this year is something called “Today’s...
PayPal says it has developed a way to turn online ads into merchant storefronts. “Storefront Ads” uses PayPal’s transaction graph and payment rails to turn “recommended products into ‘buy now’ opportunities within the ad unit itself,” the company said in its announcement Monday (July 16)....