Amazon updates visual search, AR search and more in challenge to Google

Amazon is introducing new features that make it easier to search for products on mobile and is challenging other product search engines, like Google and Pinterest in the process. The retailer announced a handful of new search and discovery features, including multimodal search (searching with text plus images), an expansion of its AR efforts, and […]

Amazon announces Supply Chain by Amazon, which includes restocking physical stores

Amazon this morning announced an expansion of its logistics network that will allow its selling partners to move their products in bulk from Amazon’s low-cost storage service, Amazon Warehousing Distribution (AWD), to any sales channel, including physical stores and warehouses, instead of only directly to consumers’ doorsteps. The new solution, called Multi-Channel Distribution (MCD), will […]

TikTok Shop officially launches in the U.S.

After months of testing, TikTok has finally launched its e-commerce product, TikTok Shop, in the U.S — where it has more than 150 million users. As part of the rollout, the company is bringing features such as a dedicated shop tab on the home screen, live video shopping, shoppable ads, and affiliate programs for creators. […]

E-commerce loan startup Wayflyer secures $1B deal from Neuberger Berman

Wayflyer, which provides financing to e-commerce startups in exchange for a portion of their future revenue, today announced that it secured $1 billion in capital from investment management firm Neuberger Berman. In a press release, Wayflyer describes the funding as an “off-balance sheet program,” meaning that the company was allowed to keep certain assets and […]