In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100 million to $120 million in Q1; $90 million to $100 million in Q2; and $80 million to $90 million in Q3, aiming for a 57% to 61% ye
When TechCrunch’s former editor-in-chief Matthew Panzarino joined a startup, we knew it was one that would pique our interest. Panzarino, well-known among TC staff as an avid collector of everyt
Amazon’s computer vision and sensor-powered Just Walk Out retail technology, which allows customers to shop at stores and then skip the cashier line when it’s time to check out, is now exp
After recently turning to generative AI to enhance its product reviews, e-commerce giant Amazon today shared how it’s now using AI technology to help customers shop for apparel online. The compa
Mariano Gomide de Faria Contributor Mariano Gomide de Faria has over 20 years of experience in digital commerce and is the founder and co-CEO of global enterprise digital commerce platform VTEX. Legac
Only weeks after TikTok Shop’s entry into the U.S. market, YouTube today is making it easier for consumers to shop products presented by its own creator community. The company is introducing new
New York-based peer-to-peer fashion rental marketplace Pickle, which lets users earn passive income from their closets, is readying an expansion with the close of an $8 million seed round. The company
As Elon Musk’s X expands its efforts to become an “everything app,” the company formerly known as Twitter announced today it will run a livestream shopping event with media icon Pari
Walmart is returning to Roblox, but this time with a virtual world where gamers can discover new virtual items and accessories to personalize their experience, not browse or shop items from Walmart it
Amazon today introduced a new version of its Just Walk Out retail technology that allows customers to skip the cashier lines when they make a purchase by having their payment card automatically charge
A year ago, Pinterest’s then brand-new collage-making app Shuffles was going viral on TikTok as Gen Z users sought out invites in order to create their own inspirational image boards. Now, that
Amazon is introducing new features that make it easier to search for products on mobile and is challenging other product search engines, like Google and Pinterest in the process. The retailer announce
Amazon and Shopify this morning announced a significant integration that will now allow Shopify merchants to offer “Buy with Prime” on their Shopify stores. The Buy with Prime feature allo
Starbucks is testing a new way for customers to pay for their favorite beverages — without even having to pull out their phone. The company confirmed an internal test of “scanless pay,R
After filing for Chapter 11 bankruptcy protection in April, online wholesale retailer Boxed has been acquired. U.S.-based regional distributor MSG Distributors, Inc. announced this morning its acquisi
Nationwide retailer Target is encouraging more consumers to use the convenience of its curbside order pick-up service with the addition of a new perk: Starbucks coffee. The company announced today tha
Walmart+, the U.S. retailer’s Prime competitor, is introducing a new program designed to help those on government assistance take advantage of its membership benefits, like free shipping and del
Amazon’s palm-scanning payment technology known as Amazon One is prepared to make a significant expansion across the U.S. The retailer announced this morning the payment tech will come to all 50
Amazon One, the retailer’s palm-scanning payment technology, is now gaining new functionality with the addition of age verification services. The company announced today that customers using Ama
Snap today offered an update on its AR Enterprise Services (ARES), the company’s recently announced initiative focused on providing AR tools and expertise to businesses that want to leverage Sna
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