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News

Why VC Firm Fifth Wall Ventures Is Bullish on the Tokenization of Real Estate

Welcome! To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other...


How Microsoft Is Profiting From the Amazon Backlash

While we hear a lot about things like Amazon Prime Day or Amazon's ventures into the world of cashier-less convenience stores, the internet juggernaut's cash cow isn't its retail endeavors-it's the company's cloud services business. While many tech companies opt to rely on Amazon for their cloud storage needs,...


Google Assistant tops Apple's Siri and Amazon's Alexa in a head-to-head intelligence test

Apple's Siri correctly answered more questions that Amazon's Alexa or Microsoft Cortana in a recent test done by analyst Gene Munster's investment firm Loup Ventures. The digital assistant with the best record in the test was Google Assistant, which answered 86% of 800 questions correctly. In general, the Loup...


Yext integrates with Amazon’s Alexa to supply hours, addresses, other business info

Ever wonder where Alexa gets information about hours of operation, descriptions, and addresses? Starting this week, it'll begin to source at least some of that data from Yext, a digital knowledge management platform that counts Taco Bell, Arby's, Marriott, and Rite Aid among its clients. Yext today announced direct...


HBO culture has to change to compete against Netflix and Amazon

At Wednesday's Television Critics Association summer tour, HBO kicked things off by assuring the press that while AT&T may be the company's new owner, nothing is going to change quality-wise when it comes to HBO programming. The comments, made by programming chief Casey Bloys, were a direct response to...


Devin Wenig: I want eBay to have half a billion buyers.

eBay President and CEO Devin Wenig has been talking to eBay sellers and outlining his vision for the company at the eBay Open event in Las Vegas this week. He has said several interesting things at the event, including his belief that eBay could have as many as half...


Alibaba-Backed Ele.me Launches 'Summer War' Against Tencent-Backed Meituan

Chinese e-commerce giant Alibaba is preparing to spend big on the country's food-delivery market, setting aside hundreds of millions of dollars this summer to regain the lead from Tencent-backed rival Meituan Dianping. The Hangzhou-based company will splash a whopping 3 billion yuan in the next three months to help...


Tencent's investment in Pinduoduo could prove good value in battle with Alibaba

Pinduoduo, the Chinese e-commerce group, enables consumers to team up and fight for deals instead. Its pending US listing could give the group a market value of as much as $US24 billion, according to filings. As a social shopping site, Pinduoduo aims to avoid the uncertainties of this bait...


Flipkart Is Finally Shutting Down Ebay.in To Set Up Its Own Refurbished Product Reselling Site

Last year, Flipkart bought eBay's India operations, as part of a funding round in the company that saw investments from Tencent, Microsoft, and eBay ......


Walmart bets on India's small towns to give wings to its retail plans

With a network of 21 stores in Tier II and Tier III cities like Jammu, Rajamundry, Zirakpur and Jalandhar, Walmart seems to be betting on India beyond the metros to understand consumption patterns of businesses in these regions. Even behemoths like Walmart India are betting on it. "Data about...


eBay Offers SMB Lending Through Square, Adds Apple Pay

Square Capital, the lending arm of Square, will use information about eBay sellers, such as their transaction history, to make lending decisions and determine a seller's eligibility. The company will email eligible sellers invitations to apply for a loan starting in Q3. The Utah-based Celtic Bank will issue the...


Why Walmart and Amazon Should Be Scared of This Company

You might not have heard of Reliance Industries, but the company is definitely a force in India. Reliance spent a total of $36 billion to set up its mobile and broadband infrastructure in the country, so it isn't scared of spending big to dominate its markets. Reliance hasn't given...


Apple Pay to become payment method on eBay

If you're already an Apple Pay convert, we have some good news for you: The mobile wallet is about to get much more useful. On Tuesday, eBay said it'll soon accept Apple Pay as payment on it vast online retail platform. Certain retailers will begin accepting Apple Pay in...


Demands For On-Label Disclosure Of Possible Supply-Chain Abuses Fail In Ninth Circuit

Instead of complaining that consumers had been misled by a food label's use of a term such as "Natural," these suits claimed harm from a company's failure to disclose possible human-rights abuses in its supply chain. Under the California Transparency in Supply Chain Act of 2010, companies such as...


Consumers expect retail staff to be trained to manage abusive situations, finds research

The poll found 45% of the customer-facing businesses which were also surveyed said that they are not actively taking any measures to protect their staff. The survey found 40% of consumers would be just as likely or even more likely to visit a store again if an incident was...


EXCLUSIVE Chrono24 says it can help watch brands control grey market bsalesb

Online trading platform Chrono24 has long been considered a root cause of global grey market watch sales, but the company's CEO says the problems can all be traced back to the Swiss watchmaking industry, and his business can actually help to control the problem. "If they want to manage...


Grubhub acquires payments and loyalty company LevelUp for $390M

Grubhub announced this morning that it's agreed to acquire LevelUp for $390 million cash. At the same time, Maloney said LevelUp can help Grubhub build a restaurant platform that goes beyond delivery, for example by managing their customer interactions across mobile and the web. Once the regulatory waiting period...


Big Four Grocers Under The Microscope: Six ways Tesco is deploying retail technology

Tesco highlighted its future direction with two particular actions mid-way through 2018, which comprised the decision to close down its Tesco Direct business and to open a cashless store that included a trial of a 'Scan and Go' type proposition. One of the more exciting areas in retail right...


Africa's fashion boutiques are going global on Instagram and WhatsApp

Instagram alone provides a potential customer base of 1 billion, with 500 million daily users. The scrolling thumbs may not be as intentional as foot traffic to a physical store, but it has brought a global reach to African fashion retailers that was unimaginable just a few years ago....


How this Founder and Former Louis Vuitton Executive is Reenvisioning Retail

Alston shared with me how she's reenvisioning retail, how she mustered up the courage to leave the corporate world, her perspective on consumerism, the challenges of getting to market fit, and more. A fellow founder asked her: how do you know when it's time to leave your job? Her...