Commerce

The U.K.’s Competition and Markets Authority (CMA) today announced that it has accepted proposals from Facebook’s parent Meta and Amazon to limit how they use data gathered from their respective marketplaces to benefit their own products and bottom lines. The CMA has been probing both c

Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquartered firm announced its acquisition of Missguided, a struggling fashion brand based out of Manches

I’m a bit of a bagel snob. I once baked bagels overnight with the crew at Better Bagels for a profile on its founders back in college. I occasionally bake them at home and still go to my childhood bagel shop, Abraham’s, practically every time I’m in New England. I keep a sesame ba

Big Tech companies are not one-trick ponies. They’re complex businesses that do everything from slinging music and building hardware to running massive consumer and business platforms. They also make piles of money from advertising. The Exchange explores startups, markets and money.

The social commerce market size in Africa is expected to continue growing as businesses and micro-entrepreneurs embrace digital media, driven by the rising usage of apps like WhatsApp, TikTok and Instagram. Yet even as sellers leverage these social sites for online presence to showcase their produc

There’s no shortage of startups trying to automate marketing tasks by using generative AI. For WorkMagic, the target users are the millions of small-scale Shopify sellers who it believes can benefit immensely from cost savings in their marketing efforts. Founded in June, WorkMagic offers a fu

The Rounds, a sustainable “household restocking” service, wants to prove that last-me logistics can be done both efficiently and profitably. Now, it’s claiming a significant mestone on the latter, as the startup claims it’s profitable not only at the unit economic level but

Amazon has quietly rolled out support for passkeys as it becomes the latest tech giant to join the passwordless future. But you still might have to hold onto your Amazon password for a little while longer. The option to set up a passkey is now available on the e-commerce giant's website, allowi

An industry group representing several major U.S. tech companies has opposed the Indian government’s proposal against dark patterns, which are used to deceive online users, and said the move would adversely affect the state promise of enabling “ease of doing business” in the econo

One-click checkout software company Bolt Financial is putting a recent U.S. Securities and Exchange Commission probe behind it and moving on, according to CEO Maju Kuruvilla. “It obviously is a very, very involved process, but we’re really happy to put that behind us,” Kuruvilla told Tech

After launching a generative AI tool for corporate employees in August, Walmart is bringing the technology to its customers. During a demo with technewss, a company spokesperson outlined how the retail giant is experimenting with generative AI to help shoppers in all stages of the shopping experie

Amazon has chalked up an early (partial) win in a court challenge related to the European Union’s designation of its e-commerce marketplace as subject to the strictest level of regulation under the bloc’s recently rebooted digital rulebook, the Digital Services Act (DSA). Today the EU G

Shopping for clothing online has liberated us from the need to brave the endless aisles, fluorescent lights and sale-hungry crowds of the brick-and-mortar retail inferno. But anyone who has found themselves two hours deep into a fashion rabbit hole, with nothing to show for it but 15 open tabs, fou

Walmart is returning to Roblox, but this time with a virtual world where gamers can discover new virtual items and accessories to personalize their experience, not browse or shop items from Walmart itself. The retailer a year ago had launched two Walmart-branded experiences on the gaming platform,