A new app, The Mall, is building a universal feed for online shopping
The Mall lets shoppers build a personalized feed of brands, track sales and drops, and discover products across thousands of retailers.
e-commerce
Amazon fulfillment competitor Stord raises $250M at $3B valuation
Stord was founded in 2015 by then-college students CEO Sean Henry and CTO Jacob Boudreau while they were still at Georgia Tech.
Amazon launches 30-minute delivery across the U.S.
Amazon says its new ultra-fast delivery option brings groceries, household essentials, and other items to customers’ doors in 30 minutes.
Amazon hits sellers with ‘fuel surcharge’ as Iran war roils global energy markets
The e-commerce giant called the surcharge “temporary” but couldn’t give a date for when the policy would be retired.
Meta turns to AI to make shopping easier on Instagram and Facebook
Meta is using generative AI to provide more product and brand information to consumers when they’re shopping in its apps.
Shopify is preparing for AI shopping agents to change everything, exec says
Shopify is preparing for an ecommerce transformation via AI shopping agents, says president Harley Finklestein.
Quince hits $10B valuation with giant $500M round led by Iconiq
E-commerce company Quince has raised another massive round, less than a year after its previous raise.
Amazon expands a program that lets customers shop from other retailers’ sites
The changes allow more merchants to participate in Amazon’s Shop Direct program, which sends Amazon customers to other retailers’ websites.
Study shows Instacart may be charging some shoppers 20% more for the same product
The delivery app has claimed that price testing is part of a longstanding practice in retail sales.
ChatGPT referrals to retailers’ apps increased 28% year-over-year, says report
ChatGPT referrals to retailers’ apps were up on Black Friday year-over-year, with Walmart and Amazon benefitting the most.