We provide the latest news and information about retail technology platforms and e-commerce from around the world.
At the close of another week in retail tech & ecommerce, news and updates are buzzing with new insights as part of a larger global ecommerce theme.
In autonomous systems, Inokyo pushes the experience physical retail. Proving that blockchain has a home in ecommerce, the latest product launch comes from none other than JD.com. Experts discuss how deep learning will shape the future of retail as consumers engage with brands through conversational AI.
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📈 STAT OF THE WEEK
Investors poured a record high of $4.9B into artificial intelligence (AI) startups in 2016, and AI is already affecting more areas of our lives than many people realize. Even retail and e-commerce companies are increasingly integrating the technology. While chatbots may be one of the more well-known use-cases for AI in commerce, there are many other startups finding alternative uses for AI in the space.
How deep learning will shape the future of retail as consumers engage with brands (and their AI) to achieve more personalized, intimate shopping experiences.
Springbot, a data-driven marketing platform for eCommerce retailers, today announced Onsite Abandonment, the latest feature to integrate with Springbot Exchange, a data cooperative developed uniquely for eCommerce SMBs.
The fight between Walmart and Amazon — one of the hottest stories in the retail industry — is only getting hotter, and Walmart’s Q2 results offer proof.
App-based firm letgo, which provides an AI-enhanced local marketplace for the selling and buying secondhand goods, closed $500 million in funding from Naspers.
Best Buy Co Inc. shares rose Thursday as analysts cheered the news of its acquisition of San Diego-based GreatCall, a health technology company that focuses on the elderly.
Ho Chi Minh City-based ecommerce portal Sendo.vn has raised US$51 million in a round of Series B funding from eight foreign investors, Sen Do Technology JSC (Sendo) said in a statement issued today, August 16, by PRNewswire.
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