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...
e-commerce
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...
Uzum Valuation Soars 50% to $2.3B in Just 7 Months
Uzbekistan's leading digital ecosystem Uzum has secured a $2.3 billion valuation after raising $131.5 million from global sovereign and venture...
Flipkart Returns to India Ahead of Massive IPO
Walmart-owned e-commerce giant Flipkart has officially relocated its headquarters from Singapore back to India to pave the way for a...
Google Slashes Play Store Fees to 20% in Epic Games Deal
Google officially settled its years-long global antitrust battle with Fortnite creator Epic Games on Wednesday, agreeing to slash its default...
X Launches Paid Partnership Labels to Kill Sponsor Hashtags
On Monday, social media platform X launched a new "Paid Partnership" label for creators to flag sponsored posts directly, ensuring...
Walmart Settles FTC Gig Driver Pay Lawsuit for $100M
Walmart has agreed to pay $100 million to settle a Federal Trade Commission (FTC) lawsuit accusing the retail giant of...
eBay Cuts 800 Jobs Just Days After $1.2B Depop Deal
E-commerce giant eBay is laying off approximately 800 full-time employees—representing 6% of its global workforce—as part of a corporate restructuring...
eBay Buys Gen Z Fashion App Depop From Etsy for $1.2B
Etsy announced Wednesday it is selling Depop, its popular Gen Z-focused secondhand fashion marketplace, to eBay for $1.2 billion in...
