Amazon Invests $20 million in Indian BNPL Firm Axio
Amazon has made a $20 million equity investment in Indian Buy Now, Pay Later (BNPL) firm Axio through its Smbhav Venture Fund. Axio, formed from
September 1, 2024
Amazon to Let TikTok Users Shop Select Products Without Leaving the Video App
Amazon has partnered with TikTok to enable in-app shopping which will allow users to purchase select products without leaving the video app, streamlining its e-commerce
August 11, 2024
SellersFi Announces Financing Solution With Amazon Lending To Provide E-Commerce Sellers Credit Lines Up to $10M
SellersFi, a global e-commerce financing company, announced a new collaboration with Amazon Lending to offer eligible Amazon sellers access to credit lines of up to
February 4, 2024
TikTok Reportedly Aims To Grow E-Commerce to $17.5B USD Following Seller Fee Hike
According to reporting, TikTok aims to significantly boost its e-commerce business line in 2024, targeting a tenfold increase in top-line revenue, equating to roughly $17.5
January 7, 2024
Seattle’s Zulily Will ‘wind down’ Its Business and Liquidate Its Assets
Zulily, a Seattle-based online retailer, is set to “wind down” its business and liquidate its assets after a 13-year run. The company, once an e-commerce
December 31, 2023
PayPal Shares Slide After Amazon Drops Venmo as Payment Option
Amazon has notified users that it will no longer accept Venmo as a payment method starting January 10th, 2024. The decision reverses the announcement made
December 9, 2023
Amazon Aggregator Thrasio Prepares for Bankruptcy
Thrasio Holdings, the startup e-commerce aggregator that raised billions of dollars to acquire consumer brands sold on Amazon, is rumored to be in preparations to
November 19, 2023
Amazon Unveils Buy Now, Pay Later Option From Affirm for Small Business Owners
E-commerce giant Amazon announced it is introducing a buy now, pay later checkout option for the millions of small businesses that use Amazon Business, its
November 4, 2023
Amazon Wants You to ‘Buy Again’
Amazon is testing a new “Buy Again” payments feature in its app that uses customers’ order history to make product recommendations, particularly in categories like
October 14, 2023