Solana Pay, a decentralized payments protocol built on the Solana blockchain network, has integrated with Shopify, offering millions of businesses a new payment solution. This collaboration allows merchants to have real-time access to their funds and greater control over working capital, liquidity and liability protection, the Solana...
Live selling technology firm CommentSold says it has acquired mobile live streaming marketplace Popshoplive. The deal, announced Tuesday (Aug. 22), marks CommentSold’s (CS) entrance into direct-to-consumer commerce, the company said in a news release. “With the revamped version of Popshoplive, powered by CS, creators will have the opportunity to...
When you think of Etsy, what comes to mind? Probably arts and crafts and unique finds, right? This is a perception that Etsy has been grappling with lately as it tries to transform into a more frequently visited shopping destination. Although personalized gifts tend to...
As Richemont acknowledges the declining influence of China on luxury shopping, Kering is seeking to delve deeper into the market, aiming to connect with consumers who remain eager to spend. The company has introduced Gucci’s newly opened flagship store, now accessible on China’s JD.com. This...
Consumers in China have started trading down, and the country’s eCommerce giants are acting accordingly. Companies like Alibaba and JD.com have launched campaigns to promote lower-priced items, The Wall Street Journal (WSJ) reported Monday (Aug. 21). “We try to give users an experience that good merchandise doesn’t have to be...
The jousting between Amazon and Walmart for eyeballs browsing market places, and share of digital wallet for consumer spending, is finding an evolving battleground in India. Recent comments on earnings calls and announcements from the two commerce behemoths point directly towards the appeal of this...
Payments innovation and digital-first shopping in India is a success story 15 years in the making. Its success can serve as a global playbook for creating an inclusive payments, commerce and financial services culture using mobile technology. The demonetization of cash began in 2016 and...
Over the past few years, the beauty category has witnessed unprecedented growth, leading to a surge in new brands, innovative products, and cutting-edge marketing strategies. However, while the beauty category has thrived and evolved, it doesn’t necessarily mean that retailers not associated with beauty will...
There’s been so much talk about the state of returns, but maybe not nearly enough around shipping. But both services are becoming equally important. The concept of shipping and returns has evolved into an immersive experience. Shipping has influenced the decisions of many shoppers considering...