Etsy faces user boycott over ‘Alligator Alcatraz’ branded products
Etsy users are boycotting the site over its "Alligator Alcatraz" merchandise.
GenAI as a shopping assistant set to explode during Prime Day sales
A new report estimates that AI will be a larger-than-ever part of the online shopping process during Amazon’s Prime Day sale, which began Tuesday morning. Amazon’s annual sale, which this year spans four days (July 8-11), is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own […]
Remark raises $16M to build out human-powered expert models for e-commerce
Reamrk raised $16 million in Series A funding led by Inspired Capital with participation from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures.
India’s GoKwik raised a small $13M round for a hefty leap in valuation
GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced […]
Amazon to spend over $4B to expand Prime delivery to rural communities in the US
Amazon expands its Same-Day and Next-Day delivery services to 4K small cities and towns in the U.S.