What’s new is old – and then new again. That’s not some silly riddle, but a description of a growing part of eCommerce, one that is going far beyond the resale of used apparel into other, more complicated and costly products. Recently, India has been...
India-based and Walmart-owned Flipkart has launched an eCommerce platform called 2GUD that focuses on the sale of refurbished electronics. The site is the latest entry in what some people call “recommerce,” an area of online retail that is showing signs of gaining fresh steam. “At...
It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it. But make the decision and letgo helps people, well, let go. CEO Alec Oxenford tells PYMNTS how AI – specifically auto recognition tech – helps match buyers and sellers, and gives...
For longtime users, there is something almost refreshingly low-tech and unfussy about Craigslist. While the rest of the internet is redesigning itself with slicker interfaces and pretty images, Craigslist remains committed to its mid-1990s aesthetic and complexities of browsing its annals. Pitched as the internet’s...
August 17, 2018
It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it. But make the decision and letgo helps people, well, let go. CEO Alec Oxenford tells PYMNTS how AI – specifically auto recognition tech – helps match buyers and sellers, and gives a peek at how it might spend some of the $500 million in funding it just raised.
