Commerce

More tough times for the instant-delivery startups that once flooded the markets of Europe. Getir, the company backed by Sequoia and other big investors and once valued at upwards of $12 billion, today announced that it would be officially pulling out of Spain, Italy and Portugal as it inched close

Digital sports and apparel platform Fanatics is now in the livestream commerce business with the launch of Fanatics Live, a place for fans to purchase sports collectibles and merchandise while also watching exclusive content. Fanatics Live shopping app. Image Credits: Fanatics The app is available

Shopify, like countless other Big Tech brands, is leaning into generative AI. At its bi-annual Editions conference, the e-commerce company announced an expanded set of features under Shopify Magic, Shopify’s catch-all brand for generative AI. As of today, Shopify Magic can pro

Walmart+, the U.S. retailer's Prime competitor, is adding travel benefits to its list of perks. The company has announced that members can book getaways through WalmartPlusTravel.com and get Walmart Cash. Walmart+ members will receive 5% Walmart Cash on hotels, vacation rentals, car rentals a

In a move seeking to settle an open antitrust investigation in the U.K., Amazon has offered to limit its use of data on marketplace sellers so its retail business cannot gain an unfair advantage over other sellers and provide a guarantee of equal treatment for all products displayed in the ‘B

Apple and Amazon are facing a class-action style damages lawsuit in the U.K. alleging they abused their market power by colluding to increase the price of Apple products. The suit, which has been filed in front of the Competition Appeals Tribunal today, is seeking compensation of at least £500 mil

Amazon today introduced a new feature that will allow consumers to be better informed about potential product safety alerts and recalls. Now, instead of having to seek out product recall information through third-party websites and other news sources, Amazon shoppers will be able to access a new &#

As Africa's youthful population continues to grow exponentially, it's of the utmost importance that entrepreneurs create various healthcare solutions that will cater to the medical needs of the continent's future. While the pandemic made investors pay attention to Africa's private h

Walmart+, the U.S. retailer’s Prime competitor, is introducing a new program designed to help those on government assistance take advantage of its membership benefits, like free shipping and delivery, gas discounts and access to streaming service Paramount+. The company announced this morning

Amazon’s palm-scanning payment technology known as Amazon One is prepared to make a significant expansion across the U.S. The retailer announced this morning the payment tech will come to all 500+ Amazon-owned Whole Foods Market stores nationwide by year-end. The biometric payment system work

Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and plans a new wave of layoffs as soon as Thursday as the Google and Reliance Retail-backed startup pares its expenses amid an aggressive hunt for new funding. The Bengaluru-headquartered startup, which part

Spain’s antitrust authority has fined Amazon and Apple a total of €194 million (~$218 million) for unfairly restricting competition around the reselling and marketing of Apple kit and other products on the e-commerce giant’s local e-commerce marketplace. The penalties break down into

The first day of Amazon’s two-day Prime Day event saw U.S. sales rise nearly 6% year-over-year to $6.4 billion, according to Adobe Analytics Data. The number represents the single biggest e-commerce day so far in 2023. Amazon’s Prime Day event takes place on July 11 and 12 this year. Th

Domino's, the world's largest pizza company in terms of sales and stores, has entered an agreement with Uber to list its menu on Uber Eats and Postmates. The deal indicates that Domino’s is reversing its stance against working with third-party delivery companies in the U.S. Shares of