R|T: The Retail Times – Instacart is planning an IPO for as soon as September
Plus: Amazon wants you to pay with your palm.
Retail
Hopper continues embedded FinTech push with Air Canada partnership
FinTech offerings now represent half of Hopper’s app revenue.
R|T: The Retail Times – Amazon reduces private-label operation as it battles costs, regulators
Plus: FinTech platforms are leaning more heavily on buy now, pay later.
R|T: The Retail Times – Shopify and Lightspeed bring positive earnings to pessimistic markets
Plus: Uber is finally making money after years of losses.
R|T: The Retail Times – Shopify adds new merchant tools, loses long-time VP
Plus: Shein makes an aggressive pitch to woo US Amazon sellers.
Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows.
Hopper to power travel portal for Brazilian digital banking giant Nubank
Hopper brought travel booking to Uber UK and is now targeting Nubank’s 80 million customers.
R|T: The Retail Times – Shopify looks for a Faire deal, Temu sues Shein
Plus: Bolt, ex-CEO Ryan Breslow face SEC probe.
Shopify reveals AI suite, business credit card, dropshipping-like feature in latest product showcase
Canadian rapper Drake launched his website Drake Related using Shopify Collective.
Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
Checkfront merges with Australia’s Rezdy to scale online tourism reservations
Both startups offer online booking platforms for tourism companies.
R|T: The Retail Times – Shopify wants to give you an AI Sidekick
Plus: Sampler acquires Admass’s tech to integrate UGC and AI into platform.
Bold Commerce reveals product that allows retailers to add checkouts to video and email
CEO says Checkout Unleashed eliminates “middleman” product pages.
R|T: The Retail Times – Uber, DoorDash, Grubhub sue NYC over minimum pay law
Plus: Italian food service Porta raises $10.5M to fill a General Assembly-sized hole.
Shopify teases AI assistant for entrepreneurs, Sidekick
Shopify said Sidekick can help with designing storefronts, developer documentation, economic trends analysis.