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 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.
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 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 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 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.
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 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 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 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...
