(source: en.wikipedia.org)
Search engine startup Perplexity AI reportedly wants to merge with TikTok. The company has submitted a bid to TikTok’s China-based parent ByteDance, Reuters reported Saturday (Jan. 18), citing a source familiar with the matter. The merger attempt comes as a U.S ban on TikTok goes...
Best Buy is preparing to launch a digital marketplace platform that will allow third-party sellers to integrate their products into the retailer’s website and app. The new Best Buy Marketplace will launch this summer, the company said in a Thursday (Jan. 16) announcement. “We’re incredibly...
Chinese social media app RedNote has reportedly gained 700,000 new users as U.S. users of TikTok seek a new platform ahead of the approaching ban of that app. Some earlier users of RedNote, which known as Xiaohongshu in China, have welcomed the new users by...
The rules of retail are changing fast, and data is the ultimate playmaker. From anticipating customer preferences to optimizing supply chains, the ability to harness and act on data has become nonnegotiable. Yet for many retailers and grocery merchants, data readiness remains an elusive goal....
China is reportedly considering selling TikTok to Elon Musk before the platform is banned. That’s one option the Chinese government is considering if TikTok parent ByteDance can’t halt the U.S. government’s ban of the popular video app, Bloomberg News reported Tuesday (Jan. 14), citing sources familiar with the matter....
TikTok’s owner has one week to sell the platform or face a U.S. ban. And with that deadline looming, creators on the social media service are urging fans to find them on other channels, CNBC reported Sunday (Jan. 12). “This is my 9-to-5 job,” Jack...
Social media platform X (formerly Twitter) is taking steps toward its goal of becoming a super app. According to multiple media reports on Wednesday (Jan. 8), the company is planning to roll out X Money this year. During a speech at CES 2025, X CEO...
Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. According to a Wednesday (Jan. 8) press release, the collaboration is designed to offer an alternative to what the companies said is a common customer pain point: missing a return window or...
Digital marketplaces are becoming an important growth channel in retail, as global sales were projected to reach $3.8 trillion last year. To succeed in this environment, brands must adopt the right strategies to leverage these platforms’ unique advantages. One trend is the rise of hybrid...