Ecommerce & Digital News Weekly - 11th July 2022

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News

There's still a lot of great stuff happening in digital and e-commerce, so here's the latest news roundup for your perusal.

It's been a busy week.

BoJo finally resigned from Number 10 - this has unsurprisingly led to a flurry of conservatives putting their names into the leadership 'sorting hat' over the last few days.

Twitter is readying itself to sue Elon Musk after he pulled out of a deal to buy Twitter - expect some heavyweight legal action!

The first extraordinary pictures from the James Webb Space Telescope have been shared giving us a picture of the universe 13 billion years ago - it seems time-travel to the very beginnings of the universe is indeed possible!

And the UK is experiencing record temperatures. Us Brits do love to talk about the weather so after complaining that it's been too cold, too wet, too dry, we can now happily rally together to grumble about how it's just too hot.

"The farther backward you can look, the farther forward you can see."

(Winston Churchill)

SOCIAL MEDIA & PLATFORM NEWS - Pinterest, Instagram, TikTok

Digital Image for newsletter

Pinterest adds new product display options.
(Social Media Today)

Instagram expands access to reels templates.
(WebTimes)

TikTok scales back live-stream commerce ambitions.
(Social Media Today)

Twitter launches new 'Brand Connect Playbook'.
(Affiliate Insider)

Twitter is trying out a new CoTweets option.
(Social Media Today)

Shopify merchants double down on TikTok ads as Facebook becomes trouble.
(Charged Retail)

Meta outlines advances in language translation.
(Social Media Today)

YouTube launches updated shorts analytics and new comparative display.
(Social Media Today)

METAVERSE NEWS

met averse VR

Metaverse and Web are creating advanced business places.
(Analytics Insight)

Are we heading towards a metaverse multiverse?
(TechWire Asia)

UK ECOMMERCE NEWS - Wickes, Superdrug, DHL

UK Ecommerce Newsletter

Wickes launches shoppable video content.
(Internet Retailing)

DHL to invest £482 million in UK ecommerce.
(Logistics Manager)

Scamp & Dude opens new flagship store.
(The Industry Fashion)

Superdrug online sales almost 50% ahead of pre-pandemic levels.
(Retail Gazette)

Brandbuildr has been named as one of the UKs fastest growing private companies.
(Prolific North)

Spar and Mentor Digital announce digital partnership.
(Charged Retail)

Ladbrokes owner Entain sees flat online revenue growth.
(Reuters)

INTERNATIONAL ECOMMERCE NEWS - Amazon, Nike, E.l.F

International ecommerce newsletter

Amazon dangles free Grubhub membership ahead of Prime Day.
(Retail Dive)

Nike Digital now represents 24% of total brand revenue.
(Digital Commerce 360)

E.l.f. appeals to gamers with themed line of beauty, skincare products.
(Marketing Dive)

Walmart merges in-home grocery delivery service with Walmart+.
(Retail Dive)

IN THE MARKETS - Griffin, Zilch, Whatnot

In the markets newsletter

Griffin secures £12.5 million to launch ‘OS for embedded finance’.
(Business Cloud)

Whatnot app raises $150 million.
(Dot LA)

Elon Musk calls aff $44 billion deal to buy Twitter.
(Crunchbase)

Elaia has announced €77 million for Europe’s up-and-coming deeptech startups.
(EU Startups)

Diageo buys flavor tech company to streamline path to purchase.
(Marketing Dive)

Saass Omnichannel social commerce platform SleekFlow has launched in UK.
(Business Cloud)

Amsterdam-based Baserow bags €5 million to create a no-code toolchain.
(EU Startups)

Zilch adds £41million to Series C round.
(UKTN)