OfferUp is a local mobile marketplace competing with businesses like eBay, Craigslist and Facebook Marketplace. The firm received $130 million in financing in 2016, taking the complete financing of the business to over $221 million, and was the only closely-held business firm in Seattle at...
San Jose, California-based eBay is acquiring a 5.5% stake in eCommerce marketplace Paytm Mall in a renewed effort to gain ground in India’s fast-growing retail market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Etsy has revealed plans to offer free shipping on orders $35 and over, according to a release by the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A KeyBanc analyst says Shopify could eventually rival Amazon in gross merchandise volume, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Project Verte has launched the MyVerte blockchain-based marketplace for direct-to-consumer brands. According to a press release, MyVerte will launch with over 100 brands, including new brands like Foreo, Temporary Forevers and La Luna Rose. The platform will also highlight new brands on a weekly basis....
So-called “buy buttons” have captured the imaginations of online retailers and social media platforms over the years, but they have had far more success being used on eCommerce sites. Instagram encourages discovery and shopping, but has stopped short of adding a literal buy button, while...
Thanks to eCommerce and digital payments, the global travel industry is undergoing significant disruption. At the same time, more consumers are living as so-called digital nomads — or otherwise finding new ways to see and experience the world. Get the Full Story Complete the form...
Google has announced via its blog that some big updates are coming to make it easier for consumers to pay easily and quickly online, care of Chrome, no matter what device they happen to be using at the time. Therefore, going forward, consumers will be...
You know things are getting real – really real – when booze enters into the mix. And that’s what’s happening with same-day delivery, among the biggest battlegrounds in all of retail, and one where fresh moves continue to increase competition in that area. Get the...
