(source: en.wikipedia.org)
Payments tech firm Worldpay says it now offers domestic acquiring capabilities in Colombia. It’s part of an ongoing expansion into Latin America, with Worldpay supporting some of the largest merchants in Argentina, Brazil and Mexico, the Cincinnati-based company said in a Wednesday (May 21) news...
TikTok’s U.S. eCommerce workers are reportedly facing possible job cuts. That’s according to a Bloomberg News report Wednesday (May 21), citing an internal memo to the social media company’s employees advising them to work from home as they await emails on “difficult decisions.” The Chinese-owned company is examining...
Last month, Chinese tech conglomerate Alibaba debuted a fast delivery service it dubbed “instant commerce.” On the company’s earnings call Thursday (May 15), analysts wanted to know: Why now, especially given recent intensification in the food delivery space? Fan Jiang, CEO of the company’s eCommerce...
Despite the booming influencer marketing landscape, American consumers exhibit a strong inclination to conduct independent research before committing to a purchase based on a social media recommendation. This highlights a nuanced dynamic where influencer endorsements hold some sway but are rarely the sole determinant of...
Consumers in the United Arab Emirates (UAE) are mobile shopping leaders. They rank first in mobile shopping among the eight countries surveyed in PYMNTS Intelligence’s latest research: Just over 2 in 3 made their most recent retail purchase using a mobile device. What’s more, the...
Amazon will start selling prescriptions for pets. According to a Thursday (May 8) blog post from Amazon, the company said it is partnering with pet pharmacy Vetsource to provide prescription pet medications, adding hundreds of prescription medications to its platform. Shoppers can order them through...
Online resale marketplace ThredUP delivered better-than-expected first-quarter earnings Monday (May 5), reinforcing shoppers’ growing taste for secondhand clothing. And in a theme not sounded very often during this earnings season, CEO James Reinhart says the Trump administration’s proposed tariffs on Chinese imports could sharpen that...
Pinterest is introducing new features to let users find ideas that match their personal tastes. The new visual search tools, announced Monday (May 5), will first be available for women’s fashion content in the U.S., Canada and the U.K., eventually moving to more categories. “Our...
President Donald Trump is willing to give TikTok more time to find a new owner. “So perhaps I shouldn’t say this, but I have a little warm spot in my heart for TikTok,” the president told NBC’s “Meet the Press” in an interview that aired...