TikTok, which is part of the ByteDance ownership structure, is investing $1.5 billion to become the controlling shareholder of the e-commerce unit of Indonesia’s GoTo Gojek Tokopedia.
This year’s Singles Day highlighted the growth of livestreaming e-commerce sales, fueled by virtual avatar hosts and AI chatbot use.
Advanced generative AI tool by Mastercard reimagines the search and discovery of products in retailers’ digital catalogues.
The media reports that this year in the United States in the segment of virtual sales, consumers spent a record $9.8 billion during Black Friday.
TikTok is reportedly considering an investment into Tokopedia, a unit of Indonesia’s GoTo Group, to revive its e-commerce service in Southeast Asia’s largest retail market.
Holidays are coming. As the cost of living increases, for many people, the holiday season brings not only joy but also headaches from trying to make ends meet. Don’t let multi-digit price tags scare your holiday spirit away. Here are some tips and tricks to help your budget survive holiday expenses.
The Klarna payment network has decided to expand its advertising and marketing tools for creators and retailers.
One of the largest players in the global sphere of e-commerce, eBay has concluded that its investments in artificial intelligence make customers happier.
Shopify, one of the main providers of software and services for sellers who carry out their activities in the virtual space, considers artificial intelligence as a tool for providing competitive advantages to those who interact with this company.
In the Google, Temasek, and Bain & Company report there is a forecast that the total value of transactions in the space of the digital economy of Southeast Asia will reach $218 billion this year.
Stripe Checkout solution can now be embedded into any website, facilitating the online shopping process for both end customers and merchants.
The French banking group BNP Paribas has created a fintech company that is focused on European e-commerce players.
PayPal has announced the launch of a parcel tracking feature in its app.
Amazon plans to launch its online retail business in South Africa next year.
According to Adobe Analytics, online holiday sales in the USA are expected to hit $221.8 billion this holiday shopping season (Nov. 1 to Dec. 31), representing 4.8% growth year-over-year (YoY).
Klarna has introduced new AI-powered shopping tools that make product search easier. Now Klarna customers can find and buy items they see around them, in an image or a video clip.
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