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Payments company Airwallex lands unicorn status
Payments fintech company Airwallex confirmed last week that it raised $100 million in series C funding led by DST Global, according to a company press...
E-Commerce
MARKETING
“Digital Retail Marketing: The Essential Guide to Low-Cost, Successful Content Marketing”...
Digital
marketing is a fast-growing field, with developing trends continuously being
improved and adapted to a very dynamic environment. To keep your target retail
audience engaged through...
MOBILE
Basic Space looks to leverage the influencer economy
Basic Space debuted a curated mobile app and web-based marketplace for internet influencers to sell their own vintage fashion and pre-owned luxury items, as...
TECHNOLOGY
Amazon to invest $40M in new robotics hub
Amazon on Wednesday announced plans to invest $40 million in a new 350,000-square-foot robotics innovation hub in Westborough, Massachusetts, slated to open in 2021.The new facility,...
Instagram Reels to have a shopping feature soon
Instagram Reels will soon be adding a shopping feature in India. The new feature was announced in October as something the company had in the...
L’Oréal offers first line of virtual makeup for social media, video calls
Brief:
L'Oréal Paris introduced its first line of virtual makeup for social media. The cosmetics giant's "Signature Faces" augmented reality (AR) filters are available on...
The Xbox has been transformed into a highly designed object
The last quarter of 2020 saw the global launch of two major next gen products, Sony’s PlayStation 5 and Microsoft’s Xbox Series X, together...
CORPORATE NEWS
Caleres to close 133 Naturalizer stores in shift to digital
Dive Brief:
Shoe seller Caleres plans to close 133 stores under its Naturalizer women's footwear brand by the end of fiscal 2020 and pivot to a digital...
The government just blocked another razor startup from getting acquired
The Federal Trade Commission announced it would sue to block Proctor & Gamble’s purchase of razor and body care company Billie on December 8th, citing P&G’s...
Amazon’s marketplace business is growing once again
Third-party seller services and overall marketplace growth helped fuel Amazon’s third-quarter earnings.
This past quarter, Amazon’s online stores business grew 7% year-over-year to $57.2 billion....
Urban Outfitters announces disappointing holiday sales, group CEO departure
Urban Outfitters, Inc. reported total company net sales for the two months ended December 31, 2020, decreased 8.4 percent over the same period last...
Walmart rolls out new baby registry experience
Walmart on Thursday announced plans to upgrade its baby registry process, which will feature a chatbot to create a more personalized experience for users...
TRENDS
How Social Media Marketing Has Revolutionized The Gaming Industry?
The majority of the retailing operations for the gaming business are arranged through digital communications like YouTube and various other proficient message conveying platforms....
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PAYMENTS
Will Self-Checkout Ever Win Over Its Critics?
Self-checkout stations show little signs of slowing their expansion across retail, yet critics only appear to be getting louder.
In a recent article in The Atlantic,...
American Express expands small business perks as it reportedly falls under federal investigation
Dive Brief:
Days before The Wall Street Journal reported federal investigators were looking into American Express' sales to business owners, the company introduced more incentives...
Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud
If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile devices ......
