Apple has reached a significant milestone in the Indian smartphone market by recording its highest-ever quarterly shipments in the third quarter. Surpassing 2.5 million units, Apple’s achievement comes at a time when the Indian smartphone market is showing signs of recovery after a period of decline,...
Quarter after quarter, Etsy continues its mission to become a go-to destination for high-quality, affordable, reliable and convenient merchandise. This holds true despite the challenging environment for consumer discretionary spending, according to Josh Silverman, CEO of Etsy, who said Etsy has been able to gain...
Shopify, a leading provider of software and services to online sellers, has been turning to artificial intelligence (AI) to give its merchants a competitive edge. When the company reports results on Thursday (Nov. 2), investors will be looking to see if these tools will drive...
Smart procurement workflow platform ORO Labs has raised $34 million in Series B funding. The firm will use the new capital to meet the demand for solutions for managing procurement and supplier complexity and to expand its smart procurement workflows across the globe, ORO Labs said in...
Instagram is reportedly working on a new feature that would let users create a customized artificial intelligence (AI)-powered chatbot. The feature from the social media platform aims to provide users with a personalized AI chatbot that can engage in conversations, answer questions and offer support,...
The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. This week marks Starbucks’ investor day, the first such event since Laxman Narasimhan became chief executive, as Bloomberg News reported Wednesday (Nov. 1). “Laxman has talked about ‘re-founding’ the business,” Sharon...
Buying auto parts, historically speaking, has been about as brick and mortar a process as one might find anywhere. Buying the parts themselves tends to be an urgent consideration: Something’s wrong with the car or the truck, a repair’s necessary to keep things moving, literally....
Arts and crafts retailer Michaels has officially launched its online marketplace. MakerPlace is billed as the only online marketplace that offers handmade goods, classes led by artists, how-to guides and access to Michaels’ products in a single platform, according to a Wednesday (Nov. 1) press...
Google has begun the rollout of Product Studio, a set of artificial intelligence (AI) tools that help merchants create and manage product imagery. The tools, whose upcoming launch was initially announced in May, began rolling out Wednesday (Nov. 1) and will be available in Merchant...
