Online ticket marketplace Vivid Seats has extended its reach into Japan with its acquisition of Wavedash. Wavedash, also known as WD Holdings, is an online ticket marketplace headquartered in Tokyo, according to the press release. Vivid Seats has entered into a definitive agreement to acquire the firm for...
Phillips, an auction house known for handling the work of up-and-coming artists, is reportedly entering the world of eCommerce. The house will begin selling fine art directly to collectors through its new online platform, Dropshop, on Aug. 20, Bloomberg reported Monday (Aug. 7). The launch is part of...
For eCommerce merchants, if you aren’t first, you might as well be last. While not a golden rule, in today’s fast-evolving environment, the quote rings truer than it otherwise would. The pace of digital innovation has rapidly transformed the behavioral expectations of consumers, putting the...
TikTok is reportedly in early-stage talks with Indonesian regulatory authorities to obtain a payments license. The ByteDance-owned social media platform’s application has been favorably received by Indonesia’s central bank, Reuters reported Friday (Aug. 4). A payments license would enable TikTok to benefit from transaction fees and would help local...
What happens after a breakup? One would hope that you shed the dead weight and find yourself again. After offloading its logistic arm and conducting layoffs, Shopify has successfully done so and has redirected its attention towards its primary objective: creating eCommerce platforms for a...
Bed Bath & Beyond is making a comeback in the U.S. Following its acquisition by Overstock.com in June for $21.5 million and its website launch in Canada, the company has announced the official launch of BedBathandBeyond.com in the U.S. “This is a historic day for Bed Bath...
It’s nothing new, customers expect a straightforward and no-cost returns process. The option to change their minds about an item or rectify their dissatisfaction without paying extra is considered essential. This expectation has become widespread, making free returns a standard practice in the industry. Consumers...
BigCommerce is leveraging Google Cloud’s artificial intelligence (AI) technologies to add new AI-powered features to its open Software-as-a-Service (SaaS) eCommerce platform. With these additions, which will begin their global rollout by the end of the year, enterprise merchants will gain the potential to improve their operational efficiencies, enhance the...
Amazon will double its same-day delivery centers to hold onto its eCommerce dominance. That expansion will happen “in the coming years,” Doug Herrington, CEO of Worldwide Amazon Stores, wrote on the company’s blog Monday (July 31), as consumers continue to demand quicker deliveries. “Across the top 60 largest U.S....
