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...
Watch more: Monday Conversation: Misfits Market, Abhi Ramesh There’s a lot more to the Misfits Market story these days than ugly food. What began with misshapen carrots and off-size avocados has grown into a full‑stack grocery and logistics platform that now sells household essentials. and increasingly...
Heightened competition in Brazil’s eCommerce market reportedly drove shares of Mercado Libre into their biggest two-day slump since November. The eCommerce and payments company’s stock fell 6.8% on Wednesday (Oct. 1) after declining 6.6% on Tuesday (Sept. 30), Bloomberg reported Wednesday. The report attributed the...