PayPal is reportedly taking over a stake in eCommerce company Shopware from the Carlyle Group. The company’s stake in the German company will jump from 11% to 41% in this deal, Bloomberg News reported Tuesday (Oct. 21), citing sources familiar with the matter. Carlyle and PayPal invested $100 million in Shopware in...
Instacart has added new business features to its eCommerce solutions. These features were already available on the company’s app for Instacart Business customers, and are now being rolled out for Storefront and Storefront Pro retailers, the grocery technology company said in a Wednesday (Oct. 15) press release. “Instacart...
Retail shoppers expect immediacy. This is particularly true when it comes to getting answers to what they believe are simple questions, like: “Do you have this jacket in my size?” As retail enters the emerging Prompt Economy™, where autonomous artificial intelligence (AI) agents don’t just...
Watch more: Monday Conversation: Misfits Market, Abhi Ramesh There’s a lot more to the Misfits Market story these days than ugly food. What began with misshapen carrots and off-size avocados has grown into a full‑stack grocery and logistics platform that now sells household essentials. and increasingly...
Heightened competition in Brazil’s eCommerce market reportedly drove shares of Mercado Libre into their biggest two-day slump since November. The eCommerce and payments company’s stock fell 6.8% on Wednesday (Oct. 1) after declining 6.6% on Tuesday (Sept. 30), Bloomberg reported Wednesday. The report attributed the...
PayPal Honey plans to add new agentic commerce features designed to facilitate shopping within conversations between consumers and artificial intelligence-powered chatbots. When an AI chatbot delivers product recommendations in response to a consumer’s query, the PayPal Honey extension will display those products with real-time pricing,...
Online personal styling service Stitch Fix continued to add digital and artificial intelligence (AI)-powered tools during the latest quarter, aiming to reinforce its shopping experience that includes both human stylists and an app that gets to know the customer via a styling quiz. “Our strong...
Brand-aggregator rollups once promised to transform online retail but largely failed to deliver, as the frenzied accumulation of brands met the cold reality of supply chain frictions during the heights of the pandemic. Pattern Group’s September 19 initial public offering signals a different path. One...
Tariffs are reportedly leading to confusion and frustration among eCommerce shoppers in the United States. At the end of August, the President Donald Trump administration ended the so-called de minimis tariff rule for all packages from overseas. The rule had exempted parcels worth less than...