There is buzz that soon social networking site Pinterest will be offering users more than a chance to “pin” it – where it is defined as whatever item they are looking at a picture of. Reports are circulating that Pinterest could be adding a buy button...
Social shopping platform Fancy said it has closed a new financing round that’s reportedly worth as much as $20 million, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Facebook’s new features that make it a bit easier for users to sell items represent a minor social commerce update. But they’re also a return to an old challenge: how to challenge Craigslist as the king of online classified ads, according to Bloomberg News. Get...
Facebook currently reaches more than 1 billion people, but what CEO Mark Zuckerberg really wants is to reach is the whole world. So far, he’s about 6 billion short. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Twitter didn’t divulge details about its payments or commerce strategy during the company’s fourth-quarter earnings call yesterday (Feb. 5) — even when questioned by an analyst. But the social media company that’s slowly making its name in the payments space did generate some buzz about its...
Chinese online giants Alibaba and Tencent, who have gone toe-to-toe over everything from taxi rides to banking, appear to be escalating their battle once more, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Facebook plans to test beacons in New York City as a way of connecting its mobile users to the Facebook pages of nearby shops and landmarks, the New York Times reported on Thursday (Jan. 29). Get the Full Story Complete the form to unlock this...
Imagine a world where mobile is king, commerce is queen, and context is God. These, says Srinivas Nidugondi, SVP at Mahindra Comviva, are what rule when consumer shopping behavior is reimagined in the context of mobility. A successful mobile payments solution, he says, must adopt...
Facebook has 1.35 billion users and is responsible for $227 billion in global economic impact and 4.5 million jobs, according to a report the social network commissioned from consulting firm Deloitte. Get the Full Story Complete the form to unlock this article and enjoy unlimited...