As Elon Musk’s X expands its efforts to become an “everything app,” the company formerly known as Twitter announced today it will run a livestream shopping event with media icon Paris Hilton. The feature will allow X users to watch a livestreamed video, chat with others and shop at the same time, as well as […]
Yaysay, an AI-powered shopping app, launched in beta today to gamify off-price shopping and bring the experience to mobile. Created by Casper co-founder Philip Krim, Yaysay combines concepts from social media, video games, online ticketing platforms and dating apps. Each day, the app curates a set of items tailored to you and your favorite brands, […]
Amazon’s video streaming service Prime Video is dabbling with becoming an e-commerce shopping destination. The retailer announced today it’s launching a virtual shopping experience tied initially to one of its series, “Gen V,” a young adult superhero series and spin-off of the “The Boys.” The company suggests it may offer similar experiences for other Prime […]
Amazon today introduced a new version of its Just Walk Out retail technology that allows customers to skip the cashier lines when they make a purchase by having their payment card automatically charged. The prior system leveraged a combination of ceiling-mounted cameras, shelf sensors, and computer vision techniques to allow customers to shop and then […]
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 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 […]
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. […]
eBay is rolling out a new AI tool for marketplace sellers that can generate a product listing from a single photo. Available in the eBay app for iOS to start, with the Android app to follow in the coming weeks, the tool can automatically write a title and description based on a photo, as well […]
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 […]
The move comes after the New York-based company raised $380 million in equity and debt in the past two years.