Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants
The company is working now with hundreds of merchants and dozens of B2B marketplaces, a 10-time increase since last year.
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online shopping
SupplyPike’s supply chain software helps CPG brands get products to stores on time
SupplyPike converts retailer’s supply chain rules into a software tool so merchants can more easily ship products and avoid setbacks and lost sales.
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Amazon gets into AR shopping with launch of ‘Virtual Try-On for Shoes’
Amazon is tapping into augmented reality in an attempt to appeal to sneakerheads shopping its site. The retailer this morning announced a new feature called Virtual Try-On for Shoes that will allow customers to visualize how a pair of new shoes will look on themselves from multiple angles using their mobile phone’s camera. The company […]
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MFS Africa acquires GTP for $34M as it looks to issue prepaid cards to its clients
Pan-African digital payments company MFS Africa is acquiring U.S.-based Global Technology Partners (GTP) in a cash-and-shares deal worth $34 million, FT reported today. There are very few deals of such manner; that is, an African tech company buying up a U.S.-based one. While it can be seen as bragging rights for some, MFS Africa made […]
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Nomagic picks up $22M for its e-commerce warehouse picking robots
Robotics are playing a growing role in the world of e-commerce logistics and fulfillment — where they are seen not just as a way to speed up operations but to drastically reduce the costs of running them — and today a startup developing software and hardware specifically in the area of robot picking is announcing […]
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Snap’s new AR tools turn photos into 3D assets, let retailers use Snap’s AR tech in their own apps
At Snap’s Partner Summit on Thursday, the Snapchat maker announced a number of new initiatives focused on using its AR technology to aid with online shopping. Most notably, the company is introducing a new in-app destination within Snapchat called “Dress Up” that will feature AR fashion and virtual try-on experiences, and it’s launching tools that […]
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Pinterest’s AR shopping feature expands to include furniture and home décor
A new Pinterest feature will allow consumers to see what furniture or other home décor items will look like in their own home, using augmented reality (AR). Similar technology has already been put into place by major retailers, like Amazon, IKEA and Wayfair, as well as others in the home design space, like Houzz. In […]
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Snap upgrades its AR Shopping features with real-time pricing, more product details
Snapchat is upgrading its AR shopping experience today with updates to both to the Shopping Lenses inside its social app as well as to the analytics shared with Snap’s brand and retail partners. For consumers, the AR shopping features become more practical to use, as they’ll now display key product information, updated in real-time, like […]
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Meet retail’s new sustainability strategy: Personalization
Reducing waste is key to meeting environmental milestones, and some retail firms have narrowed in on a unique approach to minimize what their customers throw away: personalization.
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