online shopping

Online marketplace OfferUp raises $120M, acquires top competitor letgo

OfferUp, a top online and mobile marketplace app, announced this morning it’s raising $120 million in a new round of funding led by competing marketplace letgo’s majority investor, OLX Gro

Amazon limiting shipments of certain types of products due to COVID-19 pandemic

Amazon’s “Fulfillment by Amazon” (FBA) program, through which it provides warehousing and shipment services for products from third-party sellers, as well as its larger vendor shipme

Grocery delivery apps see record downloads amid coronavirus outbreak

As the COVID-19 pandemic spreads across the U.S., grocery delivery apps have begun seeing record numbers of daily downloads, according to new data from app store intelligence firm Apptopia. On Sunday,

Alma is a Klarna-like payment startup that lets you buy now and pay later

Meet Alma, a French startup that helps you offer a new payment option for your expensive goods. Like Klarna, clients can choose to pay over three or four installments. But the comparison stops here, a

Walmart Grocery is merging with Walmart’s main app and website

Walmart is looking to hook more consumers on its online grocery shopping experience by adding Walmart Grocery to its main Walmart mobile application. For years, the retailer has operated two separate

Alipay owner Ant Financial takes minority stake in Klarna

Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform, has announced it’s taking a minority stake in Swedish payments platform Kl

Target reports mixed fourth quarter, but notes same-day services grew more than 90% in 2019

Target today reported mixed fourth-quarter results, but promising growth on the e-commerce side of its business. The retailer’s earnings per share came in at $1.69, beating the Zacks Consensus E

Amazon makes its same-day delivery service faster in select US cities

Amazon this morning announced another step it’s taken to speed up same-day deliveries. The company has installed what it’s calling “mini-fulfillment centers” closer to where cu

Target breaks into the top 10 list of US e-commerce retailers

Target’s investments in store remodels, same-day delivery and drive-up services are paying off. The retailer, which used to rank No. 11 in U.S. e-commerce sales, is now forecast to jump three sp

Walmart reports lower-than-expected Q4 earnings, despite e-commerce sales growth of 35%

Walmart’s holiday quarter didn’t perform as expected. That’s the big news today from the retailer’s weak Q4 2019 earnings, which saw revenue of $141.67 billion versus the $142.

PhotoSquared app exposed customer photos and shipping labels

Popular photo printing app PhotoSquared has exposed thousands of customer photos, addresses and orders details. At least 10,000 shipping labels were stored in a public Amazon Web Services (AWS) storag

The US government should stop demanding tech companies compromise on encryption

In a tweet late Tuesday, President Trump criticized Apple for refusing “to unlock phones used by killers, drug dealers and other violent criminal elements.” Trump was specifically referri

Jumia, DHL and Alibaba will face off in African e-commerce 2.0

The business of selling consumer goods and services online is a relatively young endeavor across Africa, but e-commerce is set to boom. Over the last eight years, the sector has seen its first phase o

Walmart partners with self-driving startup Nuro to test autonomous grocery delivery in Houston

Walmart this morning announced a new pilot program that will test autonomous grocery delivery in the Houston market starting next year. The retailer is partnering with autonomous vehicle company Nuro,

Cyber Monday totalled $9.4B in US online sales, smartphones accounted for a record $3B

Cyber Monday — the final day of the extended Thanksgiving weekend that traditionally kicks off holiday season spend — broke another e-commerce record: US shoppers racked up a total of $9.4

Black Friday sees record $7.4B in online sales, $2.9B spent using smartphones

Following swiftly on the heels of a Thanksgiving that broke records with $4.2 billion in online sales, Black Friday also hit a new high, although it just fell short of predictions. According to analyt

Online shopping on Thanksgiving hit $4.2B, up 14.5% on 2018, 45% of sales via mobile

With popular social networks seeing some downtime, most shops closed, and many people off work for Thanksgiving, bargain hunters flocked online to start their holiday shopping. Sales for the day total

US online shoppers already spent $50B in November, holiday season on track for $143.7B

Facing a shorter holiday shopping season this year, U.S. retailers started rolling out their Black Friday deals earlier than usual. That move has paid off, according to new e-commerce data shared by A

Trouva, an online marketplace for independent boutiques, raises $22M

Amazon helped pioneer and now dominates the online marketplace business model, where a variety of merchants post items for sale on its platform for billions of consumers to discover and buy them. Toda

Vistaprint left a customer service database unprotected, exposing calls, chats and emails

A security researcher has found an exposed database on the internet belonging to online printing giant Vistaprint. Security researcher Oliver Hough discovered the unencrypted database last week. There
Load More