Indian conglomerate Adani is reportedly in discussions to enter the eCommerce and payments space. The company is considering applying for a license to take part in India’s Unified Payments Interface (UPI) network, the Financial Times (FT) reported Tuesday (May 28), citing unnamed sources. Adani is...
It was former GE chairman and management guru Jack Welch who once said: “You can’t grow long-term if you can’t eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is.” The FinTech category over the past year...
Consumers increasingly expect to be able to make purchases at the point of discovery, and publishers and retailers are adapting accordingly. On a call with analysts last week discussing its latest earnings, BuzzFeed shared that shoppable content enables retailers to reach consumers at lower-intent moments, finding new audiences. “People...
The year-end-splurge online may come as no surprise. The pullback in the first quarter may come as no surprise, either. The overall movement is upward — where eCommerce is following a long-term trend, moving beyond pre-pandemic levels and showing staying power. But the volatility is...
Google’s latest unveiling of artificial intelligence (AI)-powered search tools has sent ripples through the business world, prompting leaders to rethink their digital strategies. The tech giant’s new features promise to disrupt online information retrieval, leaving companies scrambling to understand and adapt. With Google’s AI search tools...
EBay has unveiled a new “resell on eBay” feature designed to make it easier for brands and consumers to list clothing on the online marketplace. The new feature will be built into Certilogo’s Secure by Design digital ID, accessible by scanning a connected product’s smart label, and...
Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close by the fourth quarter, Squarespace said in a Monday (May 13) press release. Becoming a privately held company will give the...
BigCommerce has debuted an open-source version of its business-to-business (B2B) Buyer Portal platform. The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize the optimal B2B buyer experience with speed, at scale and at a lower total cost,” the software-as-a-service (SaaS) company...
If the luxury eCommerce space is tumbling down, Mytheresa plans to come out on top. “I think there is an understanding in the market that the industry is consolidating, and that there are some winners and some losers,” Michael Kliger, the company’s CEO, told the Financial Times (FT) Sunday...
