(source: en.wikipedia.org)
As the digital marketplace grows, Etsy has been enhancing its search and discovery tools to spotlight high-quality listings. With 100 million items available, Etsy focuses on featuring its best offerings from its sellers to buyers. In an interview with PYMNTS, Nick Daniel, Etsy’s chief product...
Creator commerce platform LTK says it’s giving creators more control over their earnings. The company on Thursday (Sept. 5) announced what it called “major” updates to its creator app, including one that gives creators access to all available commission rates on the platform. “Creators have...
Walmart is reportedly teaming with sneaker seller StockX to bolster its online marketplace. The arrangement will offer shoppers access to pre-verified, coveted athletic shoes such as Nike’s Air Jordan sneakers and brands like New Balance and Asics, Bloomberg reported Wednesday (Sept. 4). Items will become...
PDD Holdings, owner of eCommerce firm Temu, is reportedly sitting on $38 billion in cash. That’s the largest cash position of any listed company that doesn’t pay dividends or buy back shares, the Financial Times (FT) reported Sunday (Sept. 1), days after the Chinese company...
Walmart’s eCommerce business has increased in the past few years, and now, to take that growth to the next level and better compete with rival Amazon, the retail giant is looking to grow its marketplace offerings. The company announced Tuesday (Aug. 27) a range of...
In an era where flawless transactions are critical for customer loyalty, merchants are adopting payment vaulting not just for security, but as a strategic tool to enhance retention, reduce costs and personalize service. A PYMNTS Intelligence report, “Into the Vault: Optimizing Payments,” created in collaboration...
The parent of Chinese eCommerce firm Temu is warning that revenue growth will eventually cool. PDD Holdings released quarterly earnings Monday (Aug. 26) showing an 86% jump in revenue and a 156% increase in profits. But with these leaps came a note of caution from...
The Revolut Business Payment Gateway can now be integrated with BigCommerce, Revolut said in a Friday (Aug. 23) post on LinkedIn. The integration will make online businesses’ payment processing smoother and offer their customers a seamless checkout experience, Revolut said in an Aug. 15 blog...
Video commerce platform TalkShopLive has launched a partnership with NBCUniversal. The collaboration, set to kick off Thursday (Aug. 22), involves the two companies creating and streaming shoppable livestreams featuring entertainers such as Paris Hilton, who will host this week’s debut event. “NBCUniversal is one of...