#eCommerce / G2A co-founder launches banking challenger Zen in 32 countries

Riding off an e-money licence issued by the Lithuanian central bank, Zen targets consumers who spend a lot online, and businesses which want to grow their e-commerce revenues. Zen’s offering is split into consumer-facing and business-facing. Both sets of users get access to a generous 14% cashback rewards scheme. Retail partners include Booking.com, AliExpress, Lidl,Continue reading “#eCommerce / G2A co-founder launches banking challenger Zen in 32 countries”

#eCommerce / Discount eCommerce Platform Wish Files $1B IPO

Goldman Sachs, J.P. Morgan Chase and Bank of America are leading the IPO for Wish’s parent company, ContextLogic. Additional participants include Citigroup, Deutsche Bank, UBS Group, RBC Capital Markets and Credit Suisse Group. Wish is the third-biggest eCommerce marketplace in the U.S. by sales and was the most downloaded shopping app worldwide in 2018… TheContinue reading “#eCommerce / Discount eCommerce Platform Wish Files $1B IPO”

#eCommerce / Amazon Expands Key In-Garage Delivery To 4K US Cities; Moves To Include Food Delivery

Prime members will be able to accept deliveries in their garages using a myQ smart garage opener system that links to Key. Customers can then select free in-garage delivery when placing Amazon orders. Delivery notifications can be viewed through the Key by Amazon app or the Amazon mobile app. To view a video of theContinue reading “#eCommerce / Amazon Expands Key In-Garage Delivery To 4K US Cities; Moves To Include Food Delivery”

#BNPL / PayPal-Backed Paidy Launches ‘3-Pay’ As eCommerce Surges In Japan

Paidy unveiled 3-Pay, enabling users of its Paidy Plus service to split their purchases into three installments, something the startup calls a first in Japan. It also stands in marked contrast to Klarna, Europe’s biggest FinTech, which has been expanding globally with its buy now, pay later (BNPL) four-installment payment service. First launched in 2008,Continue reading “#BNPL / PayPal-Backed Paidy Launches ‘3-Pay’ As eCommerce Surges In Japan”

#SocialCommerce / Canadian Shopify Teams With Chinese TikTok For Social Commerce

Shopify is partnering with TikTok to connect its million-plus merchants with engaged users of the social platform… [Shopify:] “The TikTok channel means Shopify merchants — even those without a strong TikTok following of their own yet — can connect with these new audiences using content that feels authentic and genuine to the TikTok experience.” MerchantsContinue reading “#SocialCommerce / Canadian Shopify Teams With Chinese TikTok For Social Commerce”

#BNPL #eCommerce / GameStop partners with Klarna to offer gaming community a more innovative and flexible shopping experience online and in store

Klarna, the leading global payments provider and shopping service… announced that it has entered into an agreement with GameStop to provide the world’s largest retailer of video games and pop culture collectibles merchandise access to its … interest-free buy now, pay later payment service… [Klarna:] "The esports business has grown tremendously in recent years withContinue reading “#BNPL #eCommerce / GameStop partners with Klarna to offer gaming community a more innovative and flexible shopping experience online and in store”

#eCommerce / Walmart Could Invest $25B In Developing Tata Group’s ‘Super App’

The Tata Group’s app… will offer food and grocery ordering, fashion and lifestyle, consumer electronics and consumer durables, insurance and financial services, education, healthcare and bill payments. “Walmart is keen to get a strong brand backing its eCommerce business, while Tata Group wants a global name and an established player in the online space,” aContinue reading “#eCommerce / Walmart Could Invest $25B In Developing Tata Group’s ‘Super App’”

#BigTech #eCommerce / Amazon Explore Debuts Virtual Tours, Shopping Experiences

Amazon is launching a new feature called Amazon Explore for virtual tours of real places one can take without leaving the house, according to a post on the company’s website. The eCommerce giant said in the post that Amazon Explore works by connecting a user one-on-one with a host, allowing the host to take theContinue reading “#BigTech #eCommerce / Amazon Explore Debuts Virtual Tours, Shopping Experiences”

#eCommerce #OmniCommerce / Klarna Debuts Social Shopping In The UK

Klarna, the global payments and shopping service based in Sweden, has redesigned its app for users in the United Kingdom. [CEO:] “… it’s become obvious that shopping online now goes far beyond just a transaction… The new Klarna app elevates the entire shopping experience from start to finish by bringing together all the best aspectsContinue reading “#eCommerce #OmniCommerce / Klarna Debuts Social Shopping In The UK”

#eCommerce / Wish Files Paperwork To Go Public

Wish, the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC)… After the SEC reviews the document, Wish could move forward with an initial public offering (IPO) or a direct listing… Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana… Wish was foundedContinue reading “#eCommerce / Wish Files Paperwork To Go Public”