06 Sep Ecommerce News Roundup | 5 September 2022
Winter is coming!
We try to stay optimistic in this newsletter but there is no point pretending that there aren’t considerable headwinds everywhere you look.
My half-formed thought is that there will be alot of change over the next 18 months. The last time we had alot of change was about 18 months ago! In hindsight, Covid was very beneficial for ecommerce but it was not an obvious outcome at the start.
People’s behaviours will change drastically in the next few months and adaptability will be key to personal and corporate survival and success.
Do not follow where the path may lead. Go instead where there is no path and leave a trail.
SOCIAL MEDIA & PLATFORM NEWS – Twitter, Meta, Snap…
Twitter opens up ‘Circles’ private sharing option to all users.
(Social Media Today)
Facebook shuttering Nextdoor clone after tests in US, Canada.
(TechCrunch)
Meta’s exploring paid add-on features for Facebook and Instagram.
(Social Media Today)
Meta expands NFT display options on Instagram and Facebook.
(Social Media Today)
Snapchat launches new ‘dual’ camera option, similar to BeReal.
(Social Media Today)
Snap outlines 3 strategic priorities amid plans to cut 20% of staff.
(Marketing Dive)
LinkedIn is working on a native post scheduling option.
(Social Media Today)
Jio Platforms & Meta bring end-to-end shopping experience to WhatsApp.
(The Drum)
METAVERSE NEWS – Google, Frida Kahlo art…
Google’s immersive Street View offers glimpse of ‘metaverse’.
(Taipei Times)
Frida Kahlo art finds permanent home in the metaverse.
(Coin Telegraph)
UK ECOMMERCE NEWS – Shein, PrettyLittleThing, Selfridges…
Shein to open London pop-up.
(Retail Gazette)
PrettyLittleThing launches pre-loved MarketPlace app.
(Fashion United)
Michael Kors launch pre-loved marketplace.
(Michael Kors)
Selfridges want 50% of transactions to be resale, repair, rental or refills.
(The Guardian)
Motatos to launch surplus stock service in UK in June.
(Internet Retailing)
River Island unveils tech-driven Studios fascia.
(Retail Week)
Ocado expands ‘Zoom’ rapid grocery delivery service with new depot.
(Charged Retail)
INTERNATIONAL ECOMMERCE NEWS – Netflix, Gap, Lotus…
Netflix secures 2 Snap execs to spearhead advertising push.
(Marketing Dive)
Netflix ad tier will include limited targeting, no third-party measurement.
(Ad Age)
Coca-Cola kicks off digitally driven World Cup campaign.
(Marketing Dive)
Glasses help you see and hear better.
(Science Norway)
Gap maximises opportunity in Europe through omni-channel growth.
(Dmartpreneur)
Lotus launches new e-commerce site.
(Pistonheads)
Procter & Gamble throws support behind Trade Desk’s Unified ID.
(Marketing Dive)
IN THE MARKETS – PayU, Wayflyer, Reddit…
The $4.7bn merger between PayU & Bill Desk has been approved.
(Techcrunch)
Boohoo co-founder invests in MySale.
(Fashion Network)
Digital rehabilitation platform Neurofenix raises $7m.
(Health Investor)
Wayflyer secures $253M for its ecommerce growth platform.
(Tech Funding News)
Reddit acquires Spiketrap to boost its ads business.
(TechCrunch)
SeatGeek raises $238M at unicorn valuation after SPAC deal canceled.
(Crunchbase)
Digital health startup Story Health has raised $22.6M in series A funding.
(Fierce Healthcare)
WPP acquires Dutch e-commerce consultancy.
(Sharecast)
PsycApps secures €1.7 million to develop its gamified mental health app.
(EU Startups)
