Social Commerce

Merchant Innovation
Twitter Shopping Service Leaks Out Through App Feature
August 07, 2014

If Twitter is trying to keep its imminent commerce plans confidential, it should probably clue in its mobile app developers, who have made visible a preference option for “payment and shipping” in its Android app. (It’s apparently not been yet made visible in the iOS...

Merchant Innovation
Groupon Loses Millions On eCommerce
August 06, 2014

Groupon’s share price tumbled more than 15 percent late Tuesday (Aug. 5), as investors balked at the Chicago firm’s expensive eCommerce investments. Groupon reported a net loss of $22.9 million, which seemed far worse to analysts because, according to an analyst poll by Thomson Reuters,...

Mobile Commerce
LivingSocial Breathes Life Into Company With Mobile
August 06, 2014

Collecting lots of data—even CRM—is useful only to the point that it can be intelligently and meaningfully analyzed. Trying to analyze excessive amounts of data, some of which will be irrelevant and potentially misleading, is unlikely to deliver useful recommendations. LivingSocial is trying to avoid...

In Depth
Are Social Networks Really Ready For E-Commerce (And Do Users Really Want It)?
August 06, 2014

Have you heard? Social commerce is going to change the lives of everyone, everywhere. Want to look at pictures of other people’s cats—buy cat care supplies while doing it. Think that girl from the 10th grade looks fat in that dress?  Good news—it will soon...

News
Japanese Bank Makes Money Transfer Via Facebook Possible
August 06, 2014

Customers of Japan’s Rakuten bank now have a new, and very different, option when it comes to transferring money to another person—using Facebook. Transfer by Facebook allows senders to move funds without knowing a customer’s bank, branch, or account number. It is a similar idea...

News
Groupon Names New Senior VP Of Product
August 05, 2014

Groupon on Monday (Aug. 4) appointed Parker Barrile as its SVP of product, leading Groupon’s web, design and mobile global product groups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

News
The Winklevoss Brothers eCommerce Bet, Hukkster, Shuts Down
August 04, 2014

For Hukkster, it was a good run, until it wasn’t.  The e-commerce supporter app allowed users to to tag items online they were interested in buying and then receive alerts when those items went on sale. Get the Full Story Complete the form to unlock...

News
Alibaba Considers Snapchat Investment
July 31, 2014

With what is forecast to be an epic IPO set to happen within the next several weeks, China e-retail giant Alibaba has been making increasing overtures to the U.S., and is considering an investment in social media firm Snapchat.    Snapchat is growing fast. Though...

News
Twitter Enthusiastic But Vague About Commerce
July 30, 2014

Reports of Twitter’s death last quarter—when a slow down in the monthly acquisition of new users slowed some, prompted many Twitter watchers to declare the beginning of the end—may have been somewhat exaggerated.  This morning, Twitter is riding high with elevated stock prices after the...