social media Archives - Latest Retail Technology News From Across The Globe

Pinterest shares drop 19% after disappointing Q3

November 1, 2019

advertisements, e-commerce, monthly users, Pin, Pinners, Pinterest, Shares, social media

Pinterest saw its shares fall 19 per cent on Thursday after its third quarter revenue came in lower than Wall Street estimates. The online scrapbook platform reported lower-than-expected average revenue…

Rent the Runway has returned to normal operations and begun accepting new customers and rental orders after nearly a month of delivery chaos.

Rent the Runway stops accepting rental orders or new subscribers amid delivery meltdown

September 30, 2019

Ben Stevens

Delivery / Supply Chain, Ecommerce

fashion, Jenn Hyman, Rent the Runway, Rental, social media

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Rent the Runway has stopped accepting any new subscribers until October 15 after chaos in its supply chain led to a torrent of complaints and the loss of a senior…

Facebook is set to launch a new payment system across its three social media platforms allowing users to shop, make donations and send money within its apps.

90% of shoppers worried about buying products on social media

September 18, 2019

Ben Stevens

Ecommerce

Facebook, Instagram, MarkMonitor, social media

No Comments

Over 90 per cent of shoppers are concerned about shopping on social media, despite nearly a third of them admitting to doing so. Social media-based ecommerce has risen dramatically in…

Facebook’s cryptocurrency under fire from the Feds

July 11, 2019

Ava Szajna-Hopgood

Cryptocurrency, Ecommerce, News

Bitcoin, cryptocurrency, Facebook, Jerome Powell, Libra, Libra Association, social media, U.S. House of Representatives Financial Services Committee, US Federal Reserve

No Comments

Facebook’s plans to build a digital currency called Libra may be put on hold after US Federal Reserve chairman Jerome Powell on Wednesday said “serious concerns” would need to be…

Facebook to launch its own cryptocurrency in early 2020

May 24, 2019

Ava Szajna-Hopgood

Blockchain, Cryptocurrency

Bank of England, Blockchain, cryptocurrency, Facebook, GlobalCoin, Mark Zuckerberg, payments, social media, US Senate

No Comments

Mark Zuckerberg is planning to launch a cryptocurrency for his social media empire in early 2020, allowing users to make digital payments in a dozen countries. GlobalCoin will enable Facebook’s…

Yoox Net-a-Porter launches major app upgrade

May 21, 2019

Ava Szajna-Hopgood

Apps / Mobile, Ecommerce, News

Alison Loehnis, App, Customisation, Hive, Instagram, launch, Mr Porter, social media, YNAP, YOOX, Yoox Net-a-Porter

No Comments

Yoox Net-a-Porter (YNAP) has unveiled a major upgrade to its Net-a-Porter iOS app, with a new shoppable editorial platform intended to give readers a seamless path from content to purchase.…

social media

Just un-do it: The risks of Nike cutting ties with Amazon

The Company