(source: en.wikipedia.org)
The resale platform ThredUp reported its strongest year-over-year growth in nearly four years, buoyed by record new customer acquisition and higher engagement from existing buyers. But consumers are cautious moving into the holidays, according to commentary on the conference call after the market closed on...
Whatnot raised $225 million in a Series F funding round to continue growing its live shopping platform that focuses on enthusiast communities and operates across the United States, United Kingdom and Europe. The round valued Whatnot at $11.5 billion, the company said in a Tuesday...
Wix merchants will soon be able to enroll in PayPal’s agentic commerce solution. By doing so, merchants using Wix’s eCommerce platform will be able to make their product catalogs discoverable and purchasable through artificial intelligence channels and agents, Wix said in a Wednesday(Oct. 29) press...
Embedded finance has evolved from an emerging trend into a defining force behind marketplace success. A new PYMNTS Intelligence and Marqeta collaboration examines how embedded finance tools such as digital wallets, payouts, lending and co-branded cards are transforming both customer relationships and business models. “Embedded Finance...
MercadoLibre has reportedly launched an eCommerce partnership with Casas Bahia in Brazil. That’s according to a report Thursday (Oct. 23) by Bloomberg News, which notes that this marks a new era of competition in the Latin American digital market, where Brazil is the region’s biggest economy. The two companies have...
Cox Automotive has introduced an omnichannel platform that helps automotive sellers offer their inventory in-store, on their own websites and on Cox Automotive’s Autotrader and Kelley Blue Book sites. The company’s eCommerce engine that powers these capabilities also handles complete transactions, including pricing, financing, trade-ins...
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...