eCommerce

Melissa, a leader in address verification, has partnered with Esri to integrate their ArcGIS system, aiming to enhance customer insights and retail experiences.

Mastercard steps up in revolutionizing the retail world with its AI-enabled tool, Shopping Muse.

E-commerce giant Shopify has recently open-sourced its project, Ruvy, providing developers with a toolchain capable of converting Ruby code into WebAssembly (Wasm) modules.

Creative Force, bringing AI capabilities into eCommerce workflows, confirms an $8.9M Series A funding, elevating its operations to the next level.

Dipp, a new automation solution, is set to solve the longstanding bottlenecks plaguing the marketing and design process.

Amazon plans to introduce advanced generative AI technologies to enrich customer shopping experience.

As the wave of AI infiltrates the home décor industry, Wayfair debuts its new app Decorify. Utilising a generative AI model, it enables users to remodel their interior spaces virtually, creating photorealistic 'shoppable' images.

Google announces an update to its marketplace policies allowing app developers to integrate digital assets such as NFTs in their games via Google Play store, potentially transforming traditional gaming experiences.

Amazon Kindle has been overwhelmed with a surge in AI-generated books, creating a considerable issue for authors and readers. This trend could create a potential setback for Kindle Unlimited if not curbed timely.

Microsoft has introduced a new set of AI-powered shopping tools for its Bing search engine and Bing AI chatbot in the Edge browser.

Shopify expands its Shop Pay feature to non-Shopify users through Commerce Components, offering a faster checkout experience that can boost conversion rates by up to 50%.

Google announces a generative AI-powered virtual try-on feature for clothes, enhancing the online shopping experience by allowing customers to preview garments on real-life models.

Shopify's Shop app has launched a reward program called 'Shop Cash,' providing users 1% cashback on purchases using its Shop Pay online checkout service. The program is available immediately for all eligible US-based purchases, with Shopify hosting a celebratory giveaway of over $1,000,000 in Shop Cash. The company further aims to connect independent brands to shoppers and reward loyalty.

Instacart has introduced an AI-powered search tool, 'Ask Instacart', utilizing OpenAI's ChatGPT technology, aimed at assisting customers with personalized recommendations and answering food related queries.

Instacart plans to begin testing a new feature allowing customers to favorite trusted shoppers and schedule orders based on their availability. The trial is expected to roll out in select locations including New York City, Philadelphia, and Dallas.

Amazon India is testing dine-in bill payments in select areas of Bengaluru using Amazon Pay. The feature enables discounts on bill payments at restaurants and rivals food delivery powerhouses Zomato and Swiggy. This development highlights Amazon's attempts to further engage customers across India.

Google announced plans to utilize generative AI to optimize Search ads’ relevance for better user experience.

Google unveils Product Studio, a new AI-driven tool that enables merchants to generate custom product imagery with ease.

Shogun, initially a side project by co-founders Finbarr Taylor and Nick Raushenbush, has evolved into a powerful platform for small businesses to create visually appealing online storefronts. Helping non-technical users with customization, the solution plugs into Shopify and other eCommerce services. Now part of Y Combinator's 2018 winter class, Shogun is set to grow and expand beyond Shopify.

Jotform Store Builder allows small businesses to easily build online stores in minutes. This no-code platform offers extensive customization options, 25+ payment gateways, and advanced sharing capabilities, catering to a wide range of industries beyond retail businesses.

Eager to optimize conversational commerce, Walmart purchases Botmock, providing design tools for chatbot prototypes, rapid testing, and application deployment.

Kontent.ai announces a $40 million investment from Expedition Growth Capital for expansion and product development. Having gained traction among customers such as the University of Oxford and Anaplan, Kontent.ai stands out in the headless CMS software sector, predicted to be valued at $1.6 billion by 2027.

Luca, a retail pricing optimization startup backed by Y Combinator, has secured $2.5 million in seed funding from investors like Menlo Ventures, Soma Capital, and angel investors. Leveraging AI and data analytics, Luca plans to transform traditional retail pricing strategies and improve overall business outcomes.

Samsung and Huawei encounter a decrease in the Android market shares, while Chinese smartphone manufacturers Oppo and Vivo gain momentum.