ecommerce news

Attracting Silicon Valley to New Albany was a bet that is symbolic of a greater trend. Those Silicon Valley giants are as much a part of the commerce ecosystem as the drywall, steel beams, and concrete of the malls that span our country’s vast suburbs. But it isn’t the only culpr

In November 2019, Nike stopped selling its goods wholesale to Amazon. It didn’t need Amazon at the time, and it needs them even less today - accelerated by the COVID-19 outbreak, direct e-commerce jumped to 30% of Nike’s sales, a mark it had previously expected to hit only in 202

Engineers cranking dials. Sure, they didn't choose the exact photo or comment, but they very purposefully defined the rules that would choose exactly what you would be seeing. There were KPIs and OKRs, and whiteboards and all-nighters underlying those decisions. These decisions a

TikTok is further investing in social commerce with today’s announcement of a new global partnership with e-commerce platform Shopify. The deal aims to make it easier for Shopify’s over 1 million merchants to reach TikTok’s younger audience and drive sales. The partnership will

But the reduction in footfall itself also has cascading consequences. It’s pretty obvious that many US malls are anchored by large retailers that could very easily now go out of business, and then the other retailers in that mall that might have though they were OK now aren’t - a

“As elected officials consider whether to change the law, the question remains: What does Section 230 currently mean? Many advance an overly broad interpretation that in some cases shields social media companies from consumer protection laws in a way that has no basis in the text

During Prime Day, the third-party marketplace dropped from the typical 60% of GMV to less than 35% as Amazon’s first-party sales’ share grew to nearly 70% from just 40%. Amazon featured heavily-discounted deals for devices like Echo and Fire TV, and thus they, unsurprisingly, gat

Even before the pandemic Amazon’s aggressive pricing strategies made it difficult for smaller companies to compete. This is exacerbated by the fact that the company does not pay enough back to the state. In 2018 it paid £14.3m in corporation tax on £13.7bn in UK revenues. Withou

When Stripe announced earlier this year that it had picked up another $600 million in funding, it said one big reason for the funding was to expand its API-based payments services into more geographies. Today the company is coming good on that plan in the form of some M&A. Strip