Commerce

Zillow lays off 300 employees in latest workforce shift • ZebethMedia

Zillow has laid off about 300 employees as it is shifting focus towards technology-related positions in the company, ZebethMedia has learned from sources and confirmed with the company over e-mail. The Seattle-headquartered online real estate marketplace informed its impacted employees about the decision on Tuesday. Shortly after receiving the communication, the impacted employees had to […]

Korean internet giant Naver eyes North America, Europe as it grows its C2C marketplace business • ZebethMedia

Did you know that Google isn’t the top search engine in South Korea? It’s not even a close second. Most Koreans actually prefer Naver for various reasons, and they like it so much that the search engine holds about 56% of the market, per Statista. Google is catching up, but it currently only has about […]

Trigo raises $100M to expand its Amazon-style cashier-free store technology • ZebethMedia

Amazon has become the pacemaker in commerce, and today a startup that’s been building technology to help retailers keep up with it in the world of physical stores is announcing some funding to expand its business. Trigo, an Israeli startup that builds technology for stores to operate cashier-free, “just walk out” experiences similar to those […]

Amazon now allows customers to make payments through Venmo • ZebethMedia

Amazon announced that it will now allow customers to make payments through Venmo on its platform. The company said this option will be available to select customers starting today and will roll out to all U.S.-based users on the Amazon site and mobile app by Black Friday next month. To pay through Venmo, users will […]

Bolt launches virtual Shopper Assistant for easier access to personalized experiences • ZebethMedia

Bolt, which is mostly known for its one-click checkout experience, now has a new virtual Shopper Assistant so that retailers can more easily turn guest shoppers into account-holding customers. Company CEO Maju Kuruvilla told ZebethMedia that rather than dealing with pop-ups or other disconnected methods of obtaining a customer’s email address, retailers, like its customer […]

VCs continue to pour millions into independent beverage startups • ZebethMedia

After seeing a ton of venture capital investment flow into independent beverage startups recently, it was time to take a step back and see if this kind of company actually made sense as a venture investment. For one, the competition for space on grocery store shelves is fierce, eclipsed only by the fact people are […]

Want to know how a dress looks on you? AIMIRR has your back… and front • ZebethMedia

With many people buying clothes online versus in-store where they can try them on in the dressing room, finding the right fit can be a challenge. AIMIRR is taking on this challenge by bringing the dressing room to the customer with its real-time garment rendering technology that overlays images of clothing on a live video […]

UK antitrust litigation targets Amazon Buy Box with $1BN+ damages claim • ZebethMedia

Another antitrust lawsuit is being filed in Europe targeting Big Tech for hefty damages over claims of abusive self-preferencing. This time ecommerce giant Amazon — and its nudge-tastic ‘Buy Box’ — is in the frame for an incoming opt-out representative legal action that’s been announced in the UK, seeking an estimated £900 million in damages […]

Banyan raises $43M to grow its network of item-level purchase data • ZebethMedia

Banyan, a platform for product purchase data that allows customers such as banks, fintechs, hotels and merchants to automate expense management and more, today announced that it raised $43 million in a Series A funding round — $28 million in equity and $15 million in debt — led by Fin Capital with participation from M13, […]

GlobalFair secures new cash to simplify procuring construction materials • ZebethMedia

The construction materials market is fragmented, according to GlobalFair CEO Shaily Garg, because it involves layers of both supply chain and logistics complexities. In a 2021 survey for the National Association of Home Builders and Wells Fargo, the vast majority of builders said that the time it takes to obtain materials — and the cost […]

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