Fintech Roundup: PayPal, Klarna, and Kintsugi Make Headlines
PayPal launches group payment feature, Klarna files for IPO, and Kintsugi doubles valuation in less than a year
Ecommerce
Indian E-commerce Startup Arzooo Sells Assets in Distressed Sale
Arzooo, an Indian startup founded by former Flipkart executives, sells assets to Moksha Group in a distressed sale after failing to secure merger deals.
Arzooo Assets Acquired by Moksha Group in Distressed Sale
Indian startup Arzooo, founded by former Flipkart execs, sells assets to Moksha Group in a distressed sale, ending its mission to bring e-commerce to physical stores.
Amazon Revamps Shopping App with AI-Powered Redesign
Amazon is testing a redesigned shopping app with AI-powered features, personalized recommendations, and a new "Buy Again" hub, aiming to enhance user experience and drive sales.
Perplexity's AI Search Engine Sees Rapid Growth
Perplexity's AI-powered search engine hits 400 million queries/month, teases ecommerce features and ad model, despite legal battles with publishers.
YouTube Brings Affiliate Program to India, Partners with Flipkart and Myntra
YouTube launches affiliate program in India, allowing creators to earn from product tags, partners with Flipkart and Myntra
Amazon Expands AI-Powered Shopping Assistant Rufus to More Markets
Amazon's AI-enabled shopping assistant Rufus now available in more European and American markets, offering product search support and recommendations.
HILOS Revolutionizes Shoe Manufacturing with 3D Printing
HILOS' 3D printing tech reduces waste, enables on-demand production, and partners with Steve Madden for sustainable supply chain
Postmates Founder Unveils Tiptop, a Game-Changing Trade-In Platform
Bastian Lehmann's new startup Tiptop enables instant trade-ins at checkout, poised to disrupt retail and commerce