Venmo launches cash back rewards program for debit cards
Venmo launches a cash back program for debit card users, as credit card use declines among Gen Z.
Commerce
GoWish’s shopping and wishlist app is having its biggest year yet
GoWish, an app for making wishlists, is having a record year, and has doubled its users.
Amazon launches a low-price standalone shopping app, Amazon Bazaar, in over a dozen markets
On Friday, Amazon announced the debut of Amazon Bazaar, a new low-cost shopping destination for Asia, Africa, and Latin America that will be available separately from the main Amazon shopping app. On Bazaar, most products are available under $10, and some are as low as $2, the retailer says. The product selection, available now on Android and […]
Amazon sends legal threats to Perplexity over agentic browsing
Amazon won’t allow agents on its site that don’t identify themselves as such. Perplexity is not pleased.
Shopify says AI traffic is up 7x since January, AI-driven orders are up 11x
Shopify says AI-driven traffic to its online stores is up 7x since January, and orders from AI search are up 11x.
India’s Snabbit valuation doubled to $180M in 5 months on its quick house-help bet
Snabbit has raised its third funding round in nine months.
Etsy names former head of Depop, Kruti Patel Goyal, as its new CEO
Kruti Patel Goyal is replacing Etsy’s long-time CEO, Josh Silverman, who is stepping down by the end of the year.
Phia’s founders on how AI is changing online shopping
Phia founders, Phoebe Gates and Sophia Kianni, are building an AI assistant that aims to help you shop, and save.
Amazon to cut 14,000 corporate jobs
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy.
PayPal partners with OpenAI to let users pay for their shopping within ChatGPT
Paypal said on Tuesday that it is adopting a protocol in combination with OpenAI’s “Instant Checkout” feature to let users pay for their shopping directly within ChatGPT, starting in 2026.