Ecommerce News Roundup | 18 July 2022 | Hannington Tame
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Ecommerce News Roundup | 18 July 2022

This newsletter started off life as an antidote to all the bad news around Covid, and there has been a dearth of good news for ecommerce and the economy in general recently – but it does seem that there may be some little green shoots to indicate a turn around is already on its way.

Fuel prices are finally starting to come down, the UK economy defied forecasts and actually grew in the last quarter, unemployment is low and vacancies are high.  There is even a report that fintech Atom Bank has made an operating profit!

Who knows, maybe CACs will drop to a more sensible level soon as well, and ecommerce growth will balance out after the stupendous acceleration of the last couple of years.

 

Vulnerability sounds like truth and feels like courage. Truth and courage aren’t always comfortable, but they’re never weakness.

(Brené Brown)

SOCIAL MEDIA & PLATFORM NEWS

– Tesla, Meta, Google…

Digital Image for newsletter

Google makes ‘Ads Creative Studio’ tool available to all businesses.
(Social Media Today)

Tesla is getting closer to integrating Steam.
(Electrek)

Instagram tests new ‘Live Producer’ tool.
(Social Media Today)

Reddit adds GIFs in comments for all subreddit communities.
(Social Media Today)

TikTok partners with NCSolutions to help advertisers measure results.
(Hootsuite)

Meta adds new, exclusive content options for paying subscribers.
(Social Media Today)

Medusa’s e-commerce tool for JavaScript developers aims to take on Shopify.
(TechCrunch)

Instagram tests new ‘Notes’ shelf in IG Direct.
(Social Media Today)

Meta’s latest generative AI system creates stunning images from sketches and text.
(Silicon Angle)

Twitter launches the next stage of its custom timeline experiment.
(Social Media Today)

METAVERSE NEWS

– Burberry, Mars, Tony Hawk…

met averse VR

Burberry partners with Roblox to launch exclusive virtual handbag collection.
(Charged Retail)

Mars Inc. files NFT, crypto and metaverse trademarks applications for M&M’s.
(Finbold)

Tony Hawk is entering the world of NFTs with ‘the biggest skatepark in the metaverse’.
(CNBC)

Lovehoney launches first sexual wellness space in the metaverse.
(Charged Retail)

Samsung launches ‘Space Tycoon’ Metaverse experience.
(Bitcoin)

Shanghai to allot $1.5B fund for Metaverse development.
(The Coin Republic)

Inside PUMA’s ‘humble’ approach to Metaverse strategy.
(Retail Touchpoints)

UK ECOMMERCE NEWS

– JD Sports, Adaptista, Pepco…

UK Ecommerce Newsletter

JD Sports goes on expansion spree.
(Retail Gazette)

Disability-led high-end shopping platform Adaptista launches.
(Fashion United)

Payments company Sendsprint to launch cross-border payments service in the UK.
(The Paypers)

Pepco revenue rises as inflation-hit shoppers lean on discount stores.
(Reuters)

Watches of Switzerland reports strong full-year sales and profit growth.
(Internet Retailing)

INTERNATIONAL ECOMMERCE NEWS

– Snap, Moxy Hotels, Gamestop…

International ecommerce newsletter

Snap Invests in Gen Z Resale Platform.
(Business of Fashion)

Marriott’s Moxy Hotels gamifies hospitality with AR experience.
(Marketing Dive)

Lipton is looking to be ‘relevant for millennials and Gen Z’ with digital ads.
(Digiday)

Snap launches travel ad product amid digital marketing headwinds.
(dot.LA)

Netflix picks Microsoft as partner to build ad-supported streaming business.
(Marketing Dive)

Mike and Ike sweetens esports brand’s bid at winning over Fortnite fans.
(Marketing Dive)

GameStop launches NFT marketplace.
(Retail Dive)

Vinted Go announces launch of its B2B digital shipping platform.
(Fashion United)

Sephora partners with commercetools to accelerate digital growth.
(Charged Retail)

IN THE MARKETS

– StoryChief, Modern Milkman, Nintendo…

In the markets newsletter

StoryChief picks up €3.4 million in fresh funding for its digital content marketing platform.
(EU Startups)

Mexican fintech Stori hits unicorn status after $150 million round.
(Reuters)

Modern Milkman squeezes £2.25 million for sustainable grocery platform.
(Tech EU)

Nintendo acquires animation studio that’ll become ‘Nintendo Pictures’.
(The Verge)

Proptech startup Lilo has just secured €3 million.
(EU Startups)

Gieves & Hawkes is finally up for sale.
(UK Fashion Network)


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Jody
jodyflynn@beringertame.com


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