TikTok has reportedly entered the U.S. eCommerce market, competing with the likes of Amazon as well as other social media brands looking to become shopping destinations. As Semafor reported Friday (Nov. 11), TikTok users can now purchase items via the app with a feature known...
Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing winnings. That’s according to a report Saturday (Nov. 12) by the Wall Street Journal, which cites records from the Better...
With the launch of Amazon.com.be last month, Amazon’s European business now covers a bloc of Northern European countries consisting of France, Belgium, Germany and the Netherlands. Yet the popularity of the U.S. eCommerce giant is not evenly distributed across the bloc, and in Belgium and...
French jewelry brand Reza has deployed Perfect Corp.’s artificial intelligence (AI) and augmented reality (AR) solution so that visitors to its new eCommerce website can virtually “try on” its rings, earrings and bracelets. With Perfect Corp.’s AgileHand technology, visitors to Reza’s site can see real-time...
On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add to its fleet of vehicles and expand its market. This round brings the company’s total funding to $300 million across...
The total value of the venture capital (VC)-backed funding rounds completed around the world in October was the lowest of any month so far this year. There were 1,235 deals adding up to $21.35 billion done in October, S&P Global Market Intelligence said Thursday (Nov....
It has been a great couple of days for Amazon investors as cooling inflation data triggered a bounce in its sagging stock that hadn’t been seen in months. Notably, Walmart did not participate in that short-term rally, but its value prop and long-term prospects continue...
Fast-fashion eCommerce retailer Shein is reportedly preparing to open its first brick-and-mortar location. The two-story showroom is to open in Tokyo Sunday (Nov. 13), Bloomberg reported Thursday (Nov. 10). Located in the Harajuku district, a popular destination for fashion-oriented shopping, the Shein store will include...
It seems that 2022 is shaping up as the year social selling got its act together, or at least came to the front of the store. This, as a flurry of recent developments in digital commerce and seamless payments have not only shown the mass...
