The shift toward buying auto parts online continues to reshape the aftermarket. For CarParts.com, that shift now centers on disciplined, profitable growth instead of pure volume. The company’s third quarter underscored an ongoing transition built on partnerships and selective marketing. Strategic Partnerships Chief Executive Officer...
CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its existing automotive shopping site. The company’s growing range of AI-powered solutions for car dealers will expand its addressable market to include not only the $3.5 billion that...
Shopify put agentic artificial intelligence (AI) and the Prompt Economy™ at the center of its strategy on its Nov. 4 earnings call, arguing that it will reshape how consumers shop, and is already having an impact. “AI is not just a feature at Shopify. It...
Financial technology provider payabl. has launched a payments integration with Shopify. The integration is designed to let merchants provide faster, secure, and convenient payments at checkout, the company announced in a Tuesday (Nov. 4) news release. This extension will let Shopify merchants streamline their payment offerings with popular methods,...
The resale platform ThredUp reported its strongest year-over-year growth in nearly four years, buoyed by record new customer acquisition and higher engagement from existing buyers. But consumers are cautious moving into the holidays, according to commentary on the conference call after the market closed on...
Wix merchants will soon be able to enroll in PayPal’s agentic commerce solution. By doing so, merchants using Wix’s eCommerce platform will be able to make their product catalogs discoverable and purchasable through artificial intelligence channels and agents, Wix said in a Wednesday(Oct. 29) press...
Embedded finance has evolved from an emerging trend into a defining force behind marketplace success. A new PYMNTS Intelligence and Marqeta collaboration examines how embedded finance tools such as digital wallets, payouts, lending and co-branded cards are transforming both customer relationships and business models. “Embedded Finance...
MercadoLibre has reportedly launched an eCommerce partnership with Casas Bahia in Brazil. That’s according to a report Thursday (Oct. 23) by Bloomberg News, which notes that this marks a new era of competition in the Latin American digital market, where Brazil is the region’s biggest economy. The two companies have...
Cox Automotive has introduced an omnichannel platform that helps automotive sellers offer their inventory in-store, on their own websites and on Cox Automotive’s Autotrader and Kelley Blue Book sites. The company’s eCommerce engine that powers these capabilities also handles complete transactions, including pricing, financing, trade-ins...