commerce

Amazon’s palm-scanning payment tech will now be able to verify ages, too

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

Snapchat’s AR technology comes to the real world with ‘AR Mirrors’

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

Snap quietly acquired 3D-scanning startup Th3rd last year

Snap quietly acquired Amsterdam-based 3D-scanning studio Th3rd in the second quarter of last year, at a time when the company was looking to bolster its AR-powered commerce ambitions. A spokesperson f

Target will allow you to return items from your car starting this spring

Curbside pickup of groceries and other big-box retailer goods had been growing for years, then boomed during the pandemic, reaching mainstream adoption. Now, Target is taking the opportunity to offer

Instagram is killing live shopping in March, will focus on ads instead

As Meta gears up for its “year of efficiency,” the company announced today it’s exiting the livestream shopping business on Instagram, following a similar shutdown on Facebook. Start

Hands on with Walmart’s new (but buggy) ‘Text to Shop’ feature

Walmart recently introduced a new way to shop: via text. Last month, the retail giant launched its “Text to Shop” experience which allows mobile consumers across both iOS and Android devic

Instacart launches Connected Stores, a suite of in-store tech for retailers

Instacart announced today that it’s launching Connected Stores, a suite of new and existing technologies that aim to help retailers create a personalized experience both online and in-store. The

Wegmans discontinues its in-store scan-and-go mobile app, citing high losses

Wegmans, the popular supermarket chain, will kill off its in-store scan-and-go app this Sunday, September 18, 2022. The company informed customers of the news in an email yesterday, stating that it ex

It might be time for companies in San Francisco to call employees’ bluff

Spend any amount of time in New York, and you’ll feel it. Manhattan and Brooklyn are teeming with activity. It’s electrifying to be there after years spent relatively locked down. The ques

Marketing automation startup Retail Rocket nabs $24M for expansion

Retail Rocket, a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. In addition to the fundraisi

Twitter partners with Shopify to bring merchants’ products to Twitter Shopping

As part of its ongoing efforts to expand into e-commerce, Twitter today announced a new partnership with Shopify. The deal will see Twitter launching a sales channel app that will be made available to

YouTube teases livestream shopping expansion with co-streams, live redirects

In recent years, YouTube has been working to transform its platform into more of a shopping destination with product launches like shoppable ads or more recently, the ability to shop directly from liv

Kevin raises $65M as it charges ahead on account-to-account payments over point-of-sale terminals

Payments remains a very fragmented business around the world: depending on where you’re buying or selling something (and whether you are selling online or offline) you will have different &#8220

Tiger Global is earning its stripes in Africa

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year,

Walmart launches AI-powered virtual clothing try-on technology for online shoppers

Last May, Walmart announced its acquisition of the virtual clothing try-on startup Zeekit, which leveraged a combination of real-time image processing, computer vision, deep learning and other AI tech

Fast-growing livestream shopping platform Whatnot acquires Pastel Labs, hires VP of engineering

Livestream shopping platform Whatnot has come a long way from being run out of a garage in Phoenix to now a 120-person company, valued at $1.5 billion, that’s expected to grow to over 300 people

Bain Capital Ventures taps ex-Affirm exec as its newest partner to focus on early-stage fintech and commerce

Bain Capital Ventures has named Christina Melas-Kyriazi, a former Affirm executive and angel investor, as its newest partner. Melas-Kyriazi will be based in the firm’s San Francisco office and focus

Lightspeed buys Ecwid for $500M; NuOrder for $425M in ongoing e-commerce consolidation play

Lightspeed has picked up two more companies in what is shaping up to be an acquisition spree for the Canadian point-of-sale software provider. The company today announced that it would acquire e-comm

Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basi

US e-commerce on track for its first $1 trillion year by 2022, due to lasting pandemic impacts

The COVID-19 pandemic boosted U.S. online shopping by $183 billion, according to a new report by Adobe’s e-commerce division, released this morning. This figure represents the increase in online
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