Ecommerce & Digital News Weekly - 4th July 2022

Filed in:
News

As always here's our 'best of' digital & ecommerce news from the past week - enjoy! 

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The summer holiday's are fast approaching and I for one can't quite fathom where the first half of this year has gone. 

As we ready ourselves for some well-earned rest over the coming months, I must admit I'm somewhat frustrated with all the doom and gloom reporting in the press. There's no doubt we're living in challenging times, but I'm not sure things are quite as bad as the reports like to suggest.

Don't believe everything you read and stay pragmatic - this too shall pass and we will bounce back better than ever.

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"Complexity is your enemy. Any fool can make something complicated. It is hard to keep things simple.”

(Richard Branson)

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SOCIAL MEDIA & PLATFORM NEWS - Facebook, Snapchat, TikTok... 

Facebook begins testing NFTs.
(TechCrunch)

TikTok tests a dedicated Shop feed.
(TechCrunch)

Twitter adds new spaces recording & management tools with focus on audio.
(Social Media Today)

Short video app Triller confidentially files to go public.
(Techcrunch)

YouTube's removing option to hide subscriber counts, adding improved auto moderation tools.
(Social Media Today)

Snapchat officially launches its new 'Snapchat+' subscription program.
(Social Media Today)

Shopify and Twitter in deal to expand merchants reach on social media.
(Digital Commerce 360)

Meta launches new NFT display options on Facebook.
(Social Media Today)

Facebook adds new groups engagement options, including new side bar access.
(Social Media Today)

Instagram opens reels API access to third-party platforms.
(Social Media Today)

 

METAVERSE NEWS - Honda, DePop, Disney...

McDonald's stakes out virtual summer camp in mobile app.
(Marketing Dive)

Honda invites gamers to Hondaverse in Fortnite on Twitch.
(Marketing Dive)

Metaverse years from being global phenomenon, says pioneer.
(Fashion. Network)

Hyper-realistic metaverse enables users to purchase their digital homes.
(Coin Telegraph)

Depop partners with ‘The Sims 4’ for in-game collection.
(Charged Retail)

Disney unveils new cruise ship and dips toe into metaverse.
(Reuters)

Siemens, NVIDIA extend partnership with vision for “industrial metaverse”.
(Nvidia)

KPMG enters the metaverse.
(Coin Telegraph)

Lowes has launched construction efforts in its first metaverse experiment.
(RIS News)

 

UK ECOMMERCE NEWS - WeShop, Deliveroo, Wisetek...

WeShop launches as world’s first community-owned ecommerce platform.
(Charged Retail)

Deliveroo has announced the launch of Deliveroo Media and Ecommerce.
(Grocery Gazette)

Wisetek UK launches new e-commerce business for refurbished IT equipment.
(PR Newswire)

Amazon agrees deal to stream Champions League games in the UK.
(Charged Retail)

 

INTERNATIONAL ECOMMERCE NEWS - Nike, Paypal, Shopify...

Nike attributes digital revenue growth to demand across mobile apps.
(Marketing Dive)

Ecommerce sales increase 14% at MSC Industrial Supply Co.
(Digital Commerce 360)

PayPal extends BNPL push with installment loans.
(Digital Commerce 360)

Shopify partners with Sanity to help brands create immersive experiences.
(Tech EU)

JohnBeerens.com enters France and Germany.
(Ecommerce News)

 

IN THE MARKETS - Raylo, Frasers, Cleo...

London's Raylo raises €7.5 million for its subscription payment solution.
(EU Startups)

Frasers snaps up stake in fashion marketplace MySale.
(Retail Week)

Ascential acquires Singapore e-commerce services provider Intrepid.
(Technode Global)

Intensive tech training platform Le Wagon has acquired online and immersive school Emil.
(Tech EU)

TaskHuman raises $20M Series B for gigital coaching.
(Crunchbase)

Vertu Motors buys e-commerce business Wiper Blades for £3.5 million.
(Morning Star)

Virtual dressing tech StyleScan raises one million dollars in funding.
(Fashion United)

UK-based financial app Cleo has raised $80 million.
(Tech EU)

Speechmatics has raised $62 million to support growth.
(Tech EU)

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