Allbirds Sold for Just $39M After Once Hitting $4B
Silicon Valley's favorite wool sneaker brand, Allbirds, has agreed to sell all of its assets and intellectual property to American...
e-commerce
Meta Brings AI Product Summaries to Instagram, Facebook
Meta announced at the Shoptalk 2026 conference this week that it is testing new generative AI-driven shopping tools on Instagram...
Swish Raises $38M to Beat India’s Quick-Delivery Odds
Bengaluru-based food delivery startup Swish has secured $38 million in a Series B funding round to scale its ultra-fast, 10-minute...
Grab Challenges Uber With $600M Foodpanda Taiwan Deal
On Monday, Southeast Asian delivery giant Grab announced a $600 million cash acquisition of Delivery Hero’s Foodpanda business in Taiwan,...
Patreon CEO: AI ‘Fair Use’ is Bogus, Pay Creators
During the SXSW conference in Austin this week, Patreon CEO Jack Conte declared that AI companies must compensate independent artists,...
Shopify Goes All In on AI Agents to Disrupt Online Shopping
Shopify President Harley Finkelstein announced at the Upfront Summit in Los Angeles that the e-commerce giant is going all-in on...
Apple Quietly Slashes App Store Fees in China
Apple is dropping its App Store commission rate in China from 30% to 25% starting March 15, 2026, following quiet...
Meta AI Takes Over Facebook Marketplace Messages
Facebook has integrated Meta AI into its Marketplace platform to automatically respond to buyer inquiries, aiming to eliminate the time-consuming...
inDrive Buys Krave Mart to Fight Foodpanda
Global ride-hailing giant inDrive has acquired Pakistani quick-commerce startup Krave Mart following regulatory approval from the Competition Commission of Pakistan,...
Quince Defies E-Commerce Slump With $10.1B Valuation
Direct-to-consumer e-commerce powerhouse Quince secured a massive $500 million Series E funding round on Wednesday, propelling its valuation to $10.1...
