(source: en.wikipedia.org)
TikTok has reportedly made the third round of layoffs in three months at its U.S. eCommerce division, TikTok Shop. The company did not say how many jobs were cut, Bloomberg reported Wednesday (July 2). “As the TikTok Shop business evolves, we regularly review our operations...
Consumers in Australia are increasingly mobile-first, frequently reaching for their phones as part of their shopping experience. This goes beyond just making online purchases. The average Australian shopper uses their mobile devices to browse or buy nearly every day. PYMNTS Intelligence’s latest research finds that...
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...
President Donald Trump has reportedly found a group of investors to purchase TikTok. The president made this announcement during a FOX News interview Sunday (June 29), saying a “group of very wealthy people” was set to purchase the U.S. operations of the social media platform...
TikTok owner ByteDance has less than two days to find a U.S. buyer for the platform. However, President Donald Trump says he is likely to give the Chinese tech conglomerate more time to forge a deal, Reuters reported Tuesday (June 17). Trump had said last month that he would extend the June...
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)....
Chase has launched a new online shopping experience that lets its cardholders pay with points, their card or both. Dubbed “The Shops at Chase,” this platform also offers cardholders exclusive promotions and a seamless shopping experience in which their shipping information is pre-filled, the bank...
Singapore is at the forefront of the mobile shopping revolution, as 65% of shoppers in the country used a mobile device for their latest retail purchase, whether online or in-store. That’s a 42% increase since 2022 and third only to the United Arab Emirates and...