(source: en.wikipedia.org)
Pinterest has introduced two artificial intelligence (AI)-powered tools for advertisers that it says will provide enhanced ad solutions and shopping trend forecasts. One tool now being piloted among select advertisers is auto-collages, which uses AI to turn advertisers’ existing Pinterest product catalog into shoppable collages,...
Global eCommerce players focus on user experience, brand loyalty and speed, but they often overlook payments. No matter how sleek a front-end experience is, a failed or clunky checkout can undo every strategic effort that led to the sale. PYMNTS Intelligence findings from the May...
Personalization is a tool that will help Stitch Fix retain and even gain market share amid any potential external headwinds like tariffs or a slowdown in consumers’ discretionary spending, executives said Tuesday (June 10) during the online personal styling service’s quarterly earning call. The company...
Temu reportedly lost 58% of its eCommerce platform’s daily U.S. users in May after the U.S. ended the de minimis exemption on imported goods from China on May 2. Reuters reported the drop Monday (June 2), citing data from market intelligence firm Sensor Tower. Bain...
Mexico is becoming a mobile-first consumer market. Less than half of shoppers in the country used a mobile device for their latest retail purchase, whether online or in-store, reflecting a 17% increase since 2022. What’s more, Mexicans conduct 1.3 distinct mobile shopping activities per day...
India’s government has reportedly sent more than 400 notices to eCommerce platforms and retailers, asking them to remove “dark patterns” that deceive customers. Dark patterns are manipulative practices that include hidden charges, discounts that create a false sense of urgency and items that retailers sneak...
Alibaba’s instant commerce platform has reportedly crossed the 40-million-daily-orders mark within a month of launch. As Reuters noted in a report Monday (May 26) on this milestone, the platform brings merchants from the eCommerce giant’s food delivery arm Ele.me onto its main domestic shopping app,...
China’s eCommerce regulator has issued draft guidelines for fees that companies can charge third-party merchants. The State Administration for Market Regulation on Sunday (May 25) said that online platforms should charge reasonable fees while taking into consideration factors like operating costs for the merchants with...
After months of government work, Elon Musk says he is “super focused” on his companies. The multibillionaire made that comment Saturday (May 24) on his X social media platform, following an outage impacting tens of thousands of customers. “Back to spending 24/7 at work and...