Tag: E-commerce
India’s HealthKart Secures $500M Investment, Valued at $500M
HealthKart, an Indian nutrition startup, recently received a significant investment of $153 million, leading to a valuation of about $500 million. This investment, one...
Lightspeed Accelerates Expansion into Rural India with Focus on Wheelocity |...
India is a country of contrasts, where urban areas are rapidly embracing online shopping while rural regions still rely heavily on offline businesses for...
Amazon Confirms Employee Data Breach: Hacker Claims MOVEit Compromise
Amazon recently confirmed that some of its employee data was compromised as a result of a security incident involving a third-party vendor. In a...
Flash Launches in the U.S. to Simplify Online Shopping – TechCrunch
Flash has recently launched in the United States, offering American customers a convenient way to track and manage all their online purchases in one...
X Payment Service Launch: Updates and Progress | TechCrunch
X, previously known as Twitter, is moving forward with its plans to launch a payment service, bringing it closer to Elon Musk's vision of...
Building a Business with Used Peloton Equipment | Trade My Spin...
Peloton, a home fitness company, has had its fair share of ups and downs over the past few years. The company saw a huge...
Rediff Sells Majority Stake for $3M: A Look Back at the...
Payments infrastructure company Infibeam Avenues has purchased a majority 54% stake in Rediff.com for up to $3 million. This marks a significant turn of...
Temu’s Recruitment Efforts Spark Backlash from Chinese Suppliers: A Closer Look
Temu's recent efforts to recruit new suppliers have caused a backlash among Chinese suppliers. This has led to a closer examination of the situation.The...
Xbox 360 Online Store Officially Closed by Microsoft – What This...
Microsoft officially announced back in August 2023 that the Xbox 360 online store would be closing its doors in July 2024. Fast forward to...
Nuro Autonomous Delivery Startup Gears Up for Comeback
Nuro, an autonomous delivery startup based in California, has received approval from the California Department of Motor Vehicles to test its latest R3 autonomous...
Stripe acquires Lemon Squeezy: A New Era in Payment Processing |...
Payments company Stripe recently made a big move by acquiring Lemon Squeezy, a competitor that specializes in calculating and paying global sales tax for...
Paytm Faces Revenue Decline and Regulatory Challenges: What’s Next?
Indian fintech giant Paytm continues to face challenges as it reported a significant decline in revenue and an increase in losses in the first...
Ultimate Guide: Using AI for Amazon Prime Day Shopping
Amazon Prime Day is almost here, and finding the best deals and features on discounted products can be overwhelming. Luckily, there are AI tools...
AI Hype Warning for Retailers: Don’t Be Fooled!
Artificial Intelligence (AI) is a hot topic in the business world right now. Ever since the launch of ChatGPT in November 2022, the hype...
Amazon’s AI Shopping Assistant Rufus Goes Live in Amazon Mobile App...
Amazon's AI shopping assistant, Rufus, has officially launched on the Amazon mobile app for US customers. This new feature aims to enhance the shopping...
Enhanced Security Measures at Amazon to Prevent Project Nimbus Protests
Amazon took significant steps to enhance security at its New York Amazon Web Services Summit following the disruption caused by activists at the Washington,...
Digital Payment Trends Among Indian Street Vendors: Insights from Kearney-Amazon Pay...
In a recent survey conducted by Kearney and Amazon Pay, interesting insights were revealed about the digital payment trends among Indian street vendors. The...
Subscription Services Exploit Customers with ‘Dark Patterns’, Report Reveals
A recent report from global consumer protection groups has revealed that many subscription services use "dark patterns" to manipulate customer behavior when it comes...
Why Verified Amazon Reviews Aren’t Trustworthy Anymore: The Proof
Recently, I came across an interesting situation involving Amazon reviews. A marketplace seller contacted me outside of the Amazon system, offering to pay me...
Don’t Fall for Fake Amazon Sites During Prime Day – Stay...
Amazon Prime Day is a highly anticipated event for shoppers looking for great deals. However, it's important to be cautious of fake websites that...
Amazon’s New Brick-and-Mortar Strategy: Investing in Neiman Marcus
Amazon has been a dominant force in the retail industry for the past two decades, revolutionizing the way people shop online. However, when it...
Amazon under EU Investigation for Recommender Algorithms and Ad Transparency
The European Commission has sent Amazon another request for information regarding its compliance with the Digital Services Act (DSA). This request focuses on areas...
Uncovering the Amazon Triangle Scam: How It Operates and Steps to...
Triangulation fraud is a sneaky scam that can catch unsuspecting online shoppers off guard. It involves a scammer creating a fake listing for a...
Amazon Investigating Perplexity AI for Alleged Unauthorized Website Scraping
Amazon Web Services is currently looking into allegations that Perplexity AI may be violating its rules by using a crawler hosted on its servers...
Investigation into Amazon’s Scraping Abuse Allegations
Amazon's cloud division is conducting an investigation into Perplexity AI to determine if the AI search startup is violating Amazon Web Services rules by...
Trade In Your Old Stuff for Instant Discounts on New Purchases
Bastian Lehmann, the man behind Postmates, has launched a new service called Tiptop. This service aims to make it easy for people to trade...
TikTok Launching July Sales Event to Rival Amazon Prime Day
Social media platform TikTok is gearing up to give Amazon a run for its money with the announcement of its upcoming sales event called...
Amazon’s $2 Trillion Market Valuation Milestone
Amazon has achieved a significant milestone by reaching a market valuation of over $2 trillion for the first time. This makes Amazon the fifth...
Amazon Plans to Launch Temu-like Section for Chinese Sellers: Cheap Items...
Amazon is planning to introduce a new section for Chinese sellers that will offer affordable items shipped directly from China, similar to the popular...
TikTok Shop Orders Surge 13% in May Amid US Hiring Spree
Techmeme Snapshot Date and Time: June 25, 2024, 8:50 PMTikTok Shop experienced a 13% surge in orders during the month of May as the...
Amazon Prime Day 2023: Dates, Deals, and Everything You Need to...
Amazon has officially announced that its highly anticipated Prime Day sales event will be taking place on July 16 and 17 this year. The...
Alibaba Launches English Version of Modelscope: AI Model Building Service with...
Alibaba has launched an English version of Modelscope, an AI model building service that offers over 5,000 models. This new platform aims to make...
Target Expands Third-Party Marketplace with Shopify Collaboration
Target has recently announced a new collaboration with Shopify that will allow Shopify merchants to sell their products to Target's vast customer base. This...