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Ecommerce & Digital News Weekly - 22 August 2022

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Welcome to this week's ecommerce & digital news.

Almost the start of the new term and it feels as though we are through the delusions of the H1 where so many businesses thought the unusual high growth of ecommerce caused by Covid was a permanent feature.  

At the same time the doomsayers have also been proved wrong, and on-line growth is still a defining feature of the whole economy.

One thing that Covid has changed is the whole debate about WFH.  I would have expected job security to be top of the agenda - and maybe it is - but a very significant percentage of candidates will be asking about this feature of their employment before they will listen to anything else.  

Employers are reacting by setting Monday and Friday as fixed days to be in the office.  But as we see at Apple, employees feel that they are grown up enough to decide on their own and in a time of near full employment they are not shy of showing their power.

"Ability is what you’re capable of doing. Motivation determines what you do. Attitude determines how well you do it."

(Lou Holtz)

SOCIAL MEDIA & PLATFORM NEWS - Reddit, Snap, Twitter...

Digital Image for newsletter

Reddit launches a new developer portal.

Snap Launches New Bitmoji Fashion Collection from Carhartt.
(Entrepreneur News)

TikTok launches ecommerce ad formats.
(Internet Retailing)

YouTube will now automatically add watermarks to downloaded shorts clips.
(Social Media today)

Google announces new search updates will emphasise content depth.
(Social Media Today)

Meta launches new reels features.
(Social Media Today)

Pinterest launches new streamlined in-app purchase process for Shopify merchants.
(Social Media Today)

Snapchat announces new features for Snapchat+.
(Social Media Today)

TikTok is fast becoming key discovery platform for younger audiences.
(Social Media Today)


METAVERSE NEWS - Zuckerberg, Huanhe, Invisilign

met averse VR

Mark Zuckerberg promises ‘Horizon Worlds’ graphics boost after mocking.

Huanhe will no longer release digital collectibles to the public.
(Economic Times)

Invisalign enters Roblox.
(The Drum)


UK ECOMMERCE NEWS - Simply Be, Gap, Next...

UK Ecommerce Newsletter

Simply Be teams up with Hirestreet.
(The Retail Bulletin)

Gap’s UK online business now fully migrated to Next’s platform.
(The Retail Bulletin)

Watches of Switzerland reports luxury sales buoyant on back of multichannel.
(Internet Retailing)

Paysend to provide an end-to-end ecommerce solution for UK businesses.
(Real Wire)

Amazon pulls back on UK grocery store expansion ambitions.
(Retail Week)

Next ups stake in Reiss to 51%.
(Retail Gazette)

Aldi to overtake Morrisons as UK’s fourth largest supermarket.
(The Telegraph)


International ecommerce newsletter

Amazon is internally testing a TikTok-like feed in its app.

Netflix's mobile games are growing, and so are its gaming ambitions.

Fender struck a chord with 33 million aspiring musicians on TikTok.
(The Drum)

Snap and HBO launch AR experience for House of the Dragon.
(The Drum)

Amazon will create a dedicated @Cosme Shopping page on its Japanese website.
(Cosmetics Business)

American Eagle tunes into TikTok’s SoundOn for back-to-school campaign.
(Marketing Dive)

Shopify adds collaboration tool to connect brands with content creators.
(Marketing Dive)

Walmart's US online sales grow 12% in Q2.
(Digital Commerce 360)


IN THE MARKETS - eBay, Saks, Shiprocket...

In the markets newsletter

eBay is acquiring trading card marketplace TCGplayer.

UK FCA OKs Future Fintech’s purchase of London money transfer firm.

Incredible Health, a tech-enabled career marketplace scores $80M funding.
(Fierce Healthcare) raises more capital.

SaaS-based logistics startup Shiprocket has raised $33.5M.

Gaming group Embracer announces six acquisitions to boost its earnings.

John Carmack’s AGI startup raises $20M.

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