The eCommerce platform Wish will use Eurora’s trade technology solutions to reduce operational costs. Announced in a press release on Tuesday (Dec. 20), the new partnership will see Wish deploy Eurora’s artificial intelligence (AI)-powered cross-border logistics and compliance software, which helps international retailers manage integration...
As the vintage home furnishings market moves online, bespoke luxury brands are driving growth. In fact, today’s vintage furniture sellers are tapping into demand for high-end, one-of-a-kind pieces and are using online marketplaces to reach a global audience. What’s more, in the clogged-up supply chains...
Furniture retailer Mathis Home has unveiled an online furniture marketplace. Mathis Marketplace, powered by Software-as-a-Service platform Mirakl, offers customers the choice of products from third-party sellers as well as Mathis’ collection, the company said in a news release. “The Mathis Marketplace offers us the chance...
B2B eCommerce platform Fashion Cloud has raised €25 million (about $26.6 million). The B2B software solution for the European fashion wholesale industry said in a Tuesday (Dec. 13) press release that it will use the new capital to accelerate its international expansion. “Brands and retailers...
Online car-buying platform Cazoo has sold its Spanish subscription business. In a Thursday (Dec. 15) press release, the U.K.-based online auto seller announced that it has sold Swipcar to Renting Finders. The financial details of the deal were not disclosed, but when Cazoo purchased Swipcar last...
BigCommerce Holdings has begun to restructure its business and lay off 13% of its workforce. The open software-as-a-service (SaaS) eCommerce platform said in a Thursday (Dec. 15) press release that it will focus its go-to-market efforts on the enterprise business, reduce its expenditures on sales...
Shoppers buying gifts for others are haunted later by these searches when shopping for themselves. That neatly explains why intent is the next frontier of eCommerce recommendations. Speaking with PYMNTS’ Karen Webster for the JPMC Merchant Series: Global Innovators in Payments, Alexandre Robicquet, CEO and...
Instacart is driving sales with consumers rushing to use flex spending funds before they expire. The grocery aggregator announced Wednesday (Dec. 7) the launch of a pop-up online shop for items eligible with Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs), featuring items ranging from COVID-19...
There’s a pressing need for eCommerce companies to reduce their reliance on Big Tech. That’s according to Brady Harrison, director of customer analytics solution delivery at Kount, who told PYMNTS that online businesses need to rethink the way they use Big Tech data to drive...
