Online car-buying platform Cazoo has sold its Spanish subscription business. In a Thursday (Dec. 15) press release, the U.K.-based online auto seller announced that it has sold Swipcar to Renting Finders. The financial details of the deal were not disclosed, but when Cazoo purchased Swipcar last...
B2B payments network CoreChain Technologies has partnered with open source software firm Odoo. With this collaboration, CoreChain Technologies’ embedded B2B payments and financing will be added to Odoo’s open source all-in-one business software and its ecosystem of 8 million users, the companies said in a Thursday (Dec. 15) press...
Uber Eats and Cartken have partnered to enable food delivery by robots in Miami. The instant delivery firm and the robotics company began operating this service with select merchants Thursday (Dec. 15) and plan to expand it to additional cities in 2023, Uber said in a Thursday press release. ...
A string of funding rounds has highlighted a boom for European hospitality tech companies. As restaurants and hotels increasingly digitize their operations, investors are backing startups that develop software platforms for the hospitality industry. Leading the pack this week, Dutch firm Mews announced the close...
BigCommerce Holdings has begun to restructure its business and lay off 13% of its workforce. The open software-as-a-service (SaaS) eCommerce platform said in a Thursday (Dec. 15) press release that it will focus its go-to-market efforts on the enterprise business, reduce its expenditures on sales...
The UAE’s Instant Payment Platform (IPP) will launch in the first quarter of 2023. The latest announcement on the IPP, which had initially been slated for an October launch, was made in a statement from the Central Bank of the United Arab Emirates (CBUAE) on...
Oscar de la Renta is using Amazon rather than fashion weeks for customer acquisition. The New York-based luxury fashion house has found that by streaming a show on the eCommerce site and displaying its goods at off-season shows, it reaches its clients directly. Fashion weeks and...
The Walmart online shopping suite of tools has added a “Text to Shop” feature to its growing arsenal of digital offerings. The move comes just one week after the debut of its video image search tool TrendGetter aimed at making shopping and searching easier. “Text...
Weak demand for big-ticket discretionary items led to the biggest retail sales decline in a year. According to the latest data from the Department of Commerce for November, total retail sales — which account for three-quarters of the U.S. economy — fell 0.6% last month,...
