Shopify has acquired Checkout Blocks, a company offering a no-code solution that lets Shopify merchants customize their checkout. Checkout Blocks founder Gil Greenberg announced the move in a Monday (June 6) post on X, saying that more than 850 Shopify Plus merchants have used the...
Shein has begun extending its resale platform to France, the United Kingdom and Germany. The platform will be expanded in phases. It is now available in France and will be extended next to the United Kingdom and then to Germany, the fashion and lifestyle retailer...
As shoppers engage with eCommerce channels, high-income consumers prove, perhaps counterintuitively, to be the most likely to ditch their would-be purchases without completing the transaction. By the Numbers The PYMNTS Intelligence report “How Preferred Payment Availability Can Reduce Cart Abandonment” drew from a survey of...
Amazon sellers are reportedly increasingly turning to Google Ads to boost their business and stand out in the crowded marketplace. With the emergence of startups specializing in mining Google queries for potential buyers, sellers can now target specific demographics and send them to Amazon, creating...
For direct to consumer companies, volatility may be the key certainty in an uncertain environment. The latest evidence came amid reports from The New York Times and other sites that Ampla — which offers lines of credit and corporate cards to what it terms “new...
Indian conglomerate Adani is reportedly in discussions to enter the eCommerce and payments space. The company is considering applying for a license to take part in India’s Unified Payments Interface (UPI) network, the Financial Times (FT) reported Tuesday (May 28), citing unnamed sources. Adani is...
It was former GE chairman and management guru Jack Welch who once said: “You can’t grow long-term if you can’t eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is.” The FinTech category over the past year...
Consumers increasingly expect to be able to make purchases at the point of discovery, and publishers and retailers are adapting accordingly. On a call with analysts last week discussing its latest earnings, BuzzFeed shared that shoppable content enables retailers to reach consumers at lower-intent moments, finding new audiences. “People...
The year-end-splurge online may come as no surprise. The pullback in the first quarter may come as no surprise, either. The overall movement is upward — where eCommerce is following a long-term trend, moving beyond pre-pandemic levels and showing staying power. But the volatility is...
