The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov. 8) — the sector resembles a 10-car pileup. Turns out that not every aspect of commerce has a smooth digital...
Airbnb has announced that it will start enabling customers to choose to see the total price of rentals — including all fees before taxes — in search results and on the map, filter and listing page. The company will also prioritize total price rather than...
One week after raising $120 million, Indian B2B eCommerce firm Udaan is laying off at least 350 workers in a bid to reach profitability and boost efficiency. According to multiple published reports this weekend (Nov. 5-6), the layoffs will affect between 350 and 1,000 employees...
Two tech companies serving the cannabis industry have combined as enterprise commerce technology platform Treez has completed its acquisition of payment solutions platform Swifter. The acquisition adds Swifter’s roster of retail cannabis clients to that of Treez and enables the offering of enhanced, comprehensive financial...
Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them. In materials released Thursday (Nov. 3) along with its quarterly earnings call, Carvana Founder and CEO Ernie Garcia said the...
The global logistics firm Pitney Bowes on Wednesday (Nov. 2) announced the renewal of its agreement with eBay in which the company provides international eCommerce logistics services to eBay in the U.S. and U.K. In the U.K., Pitney Bowes has renewed its agreement to support...
ShopRunner, a subsidiary of FedEx, has launched a new mobile app that gives shoppers a single platform from which they can discover, order, track and return products from multiple brands and retailers. The new ShopRunner app offers a streamlined alternative to visiting several online shopping...
Consumers want to return products in person, even when they’ve purchased the items online. In fact, 54% of consumers would prefer to drop off their returns at a retailer — either the store where they purchased it or a third-party retailer — rather than having...
As alcohol brands expand their presence on third-party marketplaces such as Drizly, many are coming up against the issues that restaurants have been facing with aggregators since early in the pandemic — a lack of access to their eCommerce sales figures that keeps them from...
