Today, Syndigo, a SaaS commerce data management provider based in Atlanta, announced the appointment of Kate DiLorenzo as Vice President, Foodservice. In her new role, DiLorenzo will spearhead the expansion of content syndication capabilities within the foodservice industry, aiming to ...
In the third quarter ending on March 31, 2024, Mytheresa reported robust growth, with net sales surging by 18% to €233.9 million, driven primarily by its performance in the US market. The company also witnessed significant increases in gross merchandise ...
The allure of Temu, with its flash deals, gamification tactics, and unbeatable prices, is proving irresistible to shoppers worldwide. For Lucy Clark, a resident of Manchester, her first encounter with the viral retail app Temu in 2023 felt akin to ...
In collaboration with Saudi-based FinTech company Geidea, HSBC has introduced its latest e-commerce digital payment platform, Omni Collect, in the UAE. Through this partnership, Geidea will integrate a merchant acquiring facility into Omni Collect, granting HSBC’s business and corporate clients ...
Walmart has ended its partnership with Capital One, which had made the banking company the exclusive issuer of Walmart’s consumer credit cards. The companies announced this change in a joint statement on Friday. They confirmed that cardholders can still use ...
The Home Depot, Inc. (HD) has been actively pursuing strategic initiatives to enhance the customer experience. One such initiative is the execution of the “One Home Depot” investment plan, which prioritizes the expansion of supply-chain facilities, investments in technology, and ...
Copia Global, a Kenyan B2C e-commerce startup that has secured $123 million in venture funding across seven rounds, is contemplating layoffs or closure due to prevailing uncertainties. The potential layoffs, which could impact over 1,000 employees, represent a significant cost-cutting ...
Google Pay has introduced several new features, including the ability to view card benefits during checkout, expanding “buy now, pay later” options on various websites, and enhancing card security by utilizing biometrics or a PIN instead of security codes. According ...
Alphabet’s Google is set to acquire a minority stake valued at $350 million in Flipkart, an Indian e-commerce firm backed by Walmart, according to a source familiar with the matter. Neither Google nor Flipkart were immediately available to verify the ...
Younger consumers are leading a surge in “recommerce,” with a significant majority having bought or sold a pre-owned item in the past year. According to eBay’s new 2024 Recommerce Report, 88% of consumers have engaged in recommerce within the past ...