Mercado Libre is reportedly investing more than ever before in coupons for this week’s Black Friday sale amid heightened competition in Latin America from other online retailers such as Amazon, Shein, Shopee and Temu. The Latin American firm’s investment in coupons amounts to nearly $19...
Shopify reportedly fired fewer than 10 employees after they faked sales projections to increase their commissions. After the employees’ fraud had lasted more than a year, Shopify saw that new merchants going live on its platform failed to deliver the numbers projected by its sales...
Watch more: Inside Whatnot: Why Live Shopping Works — And What It Means for eCommerce It all started with Funko Pops. Those pint-sized vinyl characters with giant eyes and even bigger fan bases. Whatnot was originally just a small corner of the internet built for...
Ford has teamed with Amazon Autos to expand the reach of its used vehicle offerings. Car buyers can now search for, finance and buy Ford Blue Advantage certified pre-owned (CPO) Ford vehicles using Amazon’s automotive market, Wendy Lane, senior manager of Ford Blue Advantage vehicles, wrote on the automaker’s website Monday...
The shift toward buying auto parts online continues to reshape the aftermarket. For CarParts.com, that shift now centers on disciplined, profitable growth instead of pure volume. The company’s third quarter underscored an ongoing transition built on partnerships and selective marketing. Strategic Partnerships Chief Executive Officer...
CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its existing automotive shopping site. The company’s growing range of AI-powered solutions for car dealers will expand its addressable market to include not only the $3.5 billion that...
Shopify put agentic artificial intelligence (AI) and the Prompt Economy™ at the center of its strategy on its Nov. 4 earnings call, arguing that it will reshape how consumers shop, and is already having an impact. “AI is not just a feature at Shopify. It...
Financial technology provider payabl. has launched a payments integration with Shopify. The integration is designed to let merchants provide faster, secure, and convenient payments at checkout, the company announced in a Tuesday (Nov. 4) news release. This extension will let Shopify merchants streamline their payment offerings with popular methods,...
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...