Wednesday, June 16, 2021
The latest funding brings Getir’s total over the last four months to $1 billion, which it says it will use to drive rapid expansion across new markets including the US, UK, Amsterdam, Paris and Berlin

Getir is now worth more than Marks & Spencer and Morrisons as rapid delivery...

The latest funding brings Getir’s total over the last four months to $1 billion, which it says it will use to drive rapid expansion across new markets including the US, UK, Amsterdam, Paris and Berlin
Ebay has updated its terms of use, putting in place new changes which means sellers will now receive payments from Ebay directly into their bank accounts, rather than through PayPal.

Ebay sellers threaten boycott as they can no longer accept be paid via PayPal

Ebay has updated its terms of use, putting in place new changes which means sellers will now receive payments from Ebay directly into their bank accounts, rather than through PayPal.
Around 1.8 million shoppers living in Birmingham, Derby, Dudley, Stoke on Trent, Walsall and Wolverhampton will now have access to Poundland’s home delivery trial, which it has been testing on its 18,000 staff since February.

Poundland launches online shopping for customers in the West Midlands

Around 1.8 million shoppers living in Birmingham, Derby, Dudley, Stoke on Trent, Walsall and Wolverhampton will now have access to Poundland’s home delivery trial, which it has been testing on its 18,000 staff since February.
Hotter Shoes is to become the first UK-based footwear brand in its category to integrate Augmented Reality in its app.

Hotter Shoes accelerates digital transformation with AR integration

Hotter integrates AI functionality into its app, enabling customers to try products for fit, colour and design virtually all from home.
Etsy will finalise the acquisition in the third quarter of this year should it receive regulatory approval in the US and UK, where Depop is based.

Etsy has acquired Depop for $1.6bn in major bid to tap ‘Gen Z’ market

Etsy will finalise the acquisition in the third quarter of this year should it receive regulatory approval in the US and UK, where Depop is based.
Amazon’s total sales are forecast to top £77 billion by 2025, outpacing the UK’s current largest retailer Tesco’s predicted £76.1 billion.

Amazon will overtake Tesco to become UK’s largest retailer by 2025

Amazon’s total sales are forecast to top £77 billion by 2025, outpacing the UK’s current largest retailer Tesco’s predicted £76.1 billion.
Just four out of 18,000 mutual funds in the EU have invested in Deliveroo since it went public in March, and only one in the UK.

Deliveroo snubbed by investors 2 months after “worst IPO in London’s history”

Just four out of 18,000 mutual funds in the EU have invested in Deliveroo since it went public in March, and only one in the UK.
Ocado's chief executive says that the pandemic-driven ecommerce boom has left a number of markets ripe for a potential expansion.

Ocado could soon sell groceries outside of the UK for the first time in...

Ocado's chief executive says that the pandemic-driven ecommerce boom has left a number of markets ripe for a potential expansion.
Klarna was hit by major technical troubles yesterday seeing users who tried to log in be signed in to other members’ accounts seemingly at random, allowing them to edit details and access personal information.

Klarna suffers severe bug logging users into random shoppers’ accounts

Klarna was hit by major technical troubles yesterday seeing users who tried to log in be signed in to other members’ accounts seemingly at random, allowing them to edit details and access personal information.
Amazon is reportedly in talks to launch a number of bricks-and-mortar pharmacy stores in the US, sending Walgreens, Rite Aid and CVS Health shares tumbling. 

Amazon to open physical pharmacy stores in the US sending rivals’ shares diving

Amazon is reportedly in talks to launch a number of bricks-and-mortar pharmacy stores in the US, sending Walgreens, Rite Aid and CVS Health shares tumbling. 

Feature Resource

True impact of Covid-19 on retailers

Retail Ecommerce Fraud & Payments Survey Last year was turbulent for retail merchants. Physical stores were forced online and ecommerce sales reached new heights. In...