05 May The Ecommerce News Roundup – 2 May 2022
So – my idle thought for the week was prompted by the background noise of the birth of the metaverse.
Because I am very old, I can still remember the heady days of the dot-com boom back in the last century. I remember attempting to date a very sophisticated Swedish girl who worked for a company called boo.com and her arrogance.
Boo.com had raised eye-watering amounts of cash (probably a few million dollars in those days), the internet was the future and boo.com was the surfing the wave. Except that it wasn’t.
360˚ online views of trainers were the future but a future that lay several years after 1999. It was 2006 when the ironically named boohoo.com was launched. Technology and human behaviour had to catch up to make the dream become true (and profitable).
Talking of catching up, here are the past week’s top ecommerce & digital news stories.
Stand up to your obstacles and do something about them. You will find that they haven’t half the strength you think they have.
(Norman Vincent Peale)
UK ECOMMERCE NEWS – Oasis, Missguided, British Fashion Council…
Oasis launches first clothing rental collection with Hirestreet.
(Charged Retail)
Unilever says 14% of sales now online.
(internet Retailing)
Several retailers are considering takeover bids for Missguided.
(Retail Week)
eBay UK joins British Fashion Council as a patron.
(Charged Retail)
In The Style reports record revenue growth.
(Retail Gazette)
Pacifica Beauty expands UK footprint.
(Fashion United)
Howden Joinery revenues up 21.8% YTD.
(ShareCast)
INTERNATIONAL ECOMMERCE NEWS – Zooplus, PayPal, Mango…
Zooplus revenue €2.1 billion in 2021.
(Ecommerce News)
PayPal checkout tech can beat Amazon.
(Charged Retail)
JCPenney planning $8.6 billion takeover of rival Kohl’s.
(Digital Commerce 360)
Mango unveils £2.5m fashion startup accelerator.
(Retail Gazette)
Growth slows at streaming service Roku.
(TechCrunch)
DIGITAL NEWS – LinkedIn, Twitter, Instagram…
Google makes tech training free to US businesses.
(Reuters)
Twitter reports user bump, days after accepting Musk’s takeover bid.
(CNBC)
Instagram expands live testing of 90 second reels.
(Social Media Today)
IRI partners with Tiktok.
(KAM City)
TikTok deepens AR investment.
(Marketing Dive)
LinkedIn continues to see ‘record levels’ of engagement.
(Tech Register)
Snapchat unveils drone camera, AR tools & new commerce.
(Social Media Today)
Google allows removal of personal contact information.
(TechCrunch)
YouTube ads in shorts now in testing.
(Social Media Today)
IN THE MARKETS – Arbolus, Open Bank, Sojo…
Arbolus secures €14mn to make human knowledge digital.
(EU Startups)
Care Hires secures £2mn from West Hill Capital.
(Health Investor)
Apryl bags €4mn bringing fertility platform to the workplace.
(EU Startups)
Google-backed neobank Open becomes unicorn.
(TechCrunch)
Garment repair app Sojo secures $2.4mn in pre-seed funding.
(UK Fashion Network)
DRUID snaps up €14.2mn for its innovative AI chatbots.
(EU Startups)
