<p>WPAI&#8217;s products include an AI plugin maker, an assistant for site builders, and a chatbot for WordPress-related questions. </p>

<p>WPAI&#8217;s products include an AI plugin maker, an assistant for site builders, and a chatbot for WordPress-related questions. </p>

<p>Myntra, India&#8217;s largest fashion e-commerce firm, on Thursday launched &#8220;M-Now,&#8221; its quick-commerce offering that promises to deliver apparel and other lifestyle accessories within 30 minutes. Retailers in India are rushing to meet changing consumer behavior and expectations, particularly fast deliveries of groceries and beauty and lifestyle products within an hour. Myntra said M-Now will offer [&hellip;]</p>

<p>The European Union is drowning under cheap packages coming from Asian online retailers, starting with ultra low-cost e-tailers AliExpress, Shein, and Temu. The Financial Times has learned that the EU is considering a crackdown on such imported goods due to safety and counterfeiting concerns. The issue is there are currently no custom duties on goods [&hellip;]</p>

<p>Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. ThredUp expanded into Europe in 2021 with the acquisition of Remix, a Bulgarian startup that operates across a handful of central and eastern European markets. Back in May, ThredUp announced a new general manager, Florin Filote, to lead [&hellip;]</p>

<p>Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. ThredUp expanded into Europe in 2021 with the acquisition of Remix, a Bulgarian startup that operates across a handful of central and eastern European markets. Back in May, ThredUp announced a new general manager, Florin Filote, to lead [&hellip;]</p>

<p>The figures are now in for consumer spending on Cyber Monday, the third big online spending day — alongside Thanksgiving and Black Friday — in the first critical week of the holiday shopping season.&nbsp; On Monday, as many U.S. consumers returned to work after the long weekend, online shopping continued to power ahead spurred by [&hellip;]</p>

<p>The figures are now in for consumer spending on Cyber Monday, the third big online spending day — alongside Thanksgiving and Black Friday — in the first critical week of the holiday shopping season.&nbsp; On Monday, as many U.S. consumers returned to work after the long weekend, online shopping continued to power ahead spurred by [&hellip;]</p>

<p>Microsoft is in the crosshairs of a U.K. competition class action-style lawsuit that&#8217;s seeking £1 billion (around $1.25 billion at current exchange rates) in damages. It revolves around accusations related to fees the software giant charged businesses and other organizations for licensing Windows Server when they were customers of rival cloud computing platforms. The suit, [&hellip;]</p>

<p>The U.S. Federal Trade Commission (FTC) has ordered Goat, an online marketplace for sneakers and apparel, to pay more than $2 million to consumers over illegal shipping practices. The FTC also alleges that Goat fails to honor its &#8220;Buyer Protection&#8221; policies. In a complaint, the agency outlined that Goat has failed to ship many orders [&hellip;]</p>

<p>BlackRock has cut the worth of its stake in web hosting provider Automattic by 10%, the asset manager said in its latest quarterly disclosure report. The company, which invested in Automattic during its Series E round in 2021, valued its investment in the WordPress-hosting company at $37.5 per share, down from $41.7 per share earlier [&hellip;]</p>

<p>Swiggy has expanded its 10-minute food delivery service to more than 400 cities and towns across India.</p>

<p>Swiggy has expanded its 10-minute food delivery service to more than 400 cities and towns across India.</p>

<p>The momentum of Thanksgiving — which saw consumers spend a record $33.6 billion globally online on the day — looks like it continued into Black Friday, with a bang. Adobe said that in the U.S., consumers made a record-breaking $10.8 billion of purchases, up 10.2% on last year. Meanwhile, Salesforce is giving a much higher [&hellip;]</p>

<p>Thanksgiving weekend has long been seen as the traditional start of the most important sales period for retailers, and so far, the indication is that we’re in for a strong holiday season for e-commerce. Salesforce is tracking activity in real time and said that yesterday, Thanksgiving, generated $33.6 billion in sales online globally, up 6%. [&hellip;]</p>

<p>Thanksgiving weekend has long been seen as the traditional start of the most important sales period for retailers, and so far, the indication is that we’re in for a strong holiday season for e-commerce. Salesforce is tracking activity in real time and said that yesterday, Thanksgiving, generated $33.6 billion in sales online globally, up 6%. [&hellip;]</p>

<p>Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million shares priced at ₹252.62 each ($3) in a qualified institutional placement, according to a stock exchange filing on Friday. The fundraise saw strong participation [&hellip;]</p>

<p>Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million shares priced at ₹252.62 each ($3) in a qualified institutional placement, according to a stock exchange filing on Friday. The fundraise saw strong participation [&hellip;]</p>

<p>Amazon can finally close the book on a long-running state aid saga in the European Union. The Commission confirmed Thursday it has shuttered an investigation into whether Luxembourg, the Member State where Amazon has its EU HQ, had granted it “selective tax advantages.” The upshot is Amazon has no unpaid taxes to pay. The case [&hellip;]</p>

<p>Amazon can finally close the book on a long-running state aid saga in the European Union. The Commission confirmed Thursday it has shuttered an investigation into whether Luxembourg, the Member State where Amazon has its EU HQ, had granted it “selective tax advantages.” The upshot is Amazon has no unpaid taxes to pay. The case [&hellip;]</p>