Ecommerce & Digital Weekly - 21 June 2022

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News

If you're looking for find out what's been happening in digital & ecommerce this week, look no further! Here's all the best news articles from the past 7 days!

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Judging by the traffic this morning, today's national rail strike has forced many people back on the roads. However, given the rise of remote working over the past few years, this latest industrial action is unlikely be as disruptive as those previously experienced. As least let's hope so!

Separately, recent research has suggested that over a quarter of retailers in the UK are planning to enter the metaverse.

Considering that annual global metaverse spending could reach $5 trillion by 2030, is it now just a foregone conclusion that we'll be donning headsets and experiencing every day retail in virtual reality sooner rather than later?

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"When everything seems to be going against you, remember that the airplane takes off against the wind, not with it."

(Henry Ford)

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SOCIAL MEDIA & PLATFORM NEWS - Pinterest, Snapchat, Meta... 

1.5 billion users now engage with YouTube shorts content each month.
(Social Media Today)

Pinterest turns its TikTok-like Idea Pins into ads.
(TechCrunch)

Meta is changing Facebook’s feed to be more like TikTok.
(TubeFilter)

Twitter to allow merchants display business details on profiles.
(Social Media Today)

Instagram tests updated, TikTok-like full-screen format for its main feed.
(Charged Retail)

Snapchat's developing 'Snapchat+' subscription service.
(Social Media Today)

Walmart & Roku to evolve shoppable streaming ads 'beyond the QR code'.
(Marketing Dive)

 

METAVERSE NEWS - Sour Patch Kids, Chobani, Magnum...

Meta launches new interactive options for VR worlds.
(Social Media Today)

Sour Patch Kids taps Twitch streamers for flavor competition.
(Marketing Dive)

Chobani launches intergalactic oat milk race on Roblox.
(Marketing Dive)

Victoria's Secret's Happy Nation brand launches Roblox hub.
(Retail Dive)

Popular Fortnite streamer to design in-game 'Mistaverse'.
(Marketing Dive)

Magnum Ice Cream and Deliveroo unveil museum in the metaverse.
(Charged Retail)

 

UK ECOMMERCE NEWS - Primark, Clarks, Tommy Hilfiger...

Primark to finally sell online with click-and-collect trial.
(Retail Gazette)

Clarks joins resale market with Dotte.
(Fashion United)

Boohoo could join other brands charging for online returns.
(PYMNTS)

Tommy Hilfiger launches first-ever UK-based recommerce offering.
(Charged Retail)

Mulberry partners with Hurr to rent its bags for the first time. 
(Retail Gazette)

Walmart seeks UK sellers for its online marketplace.
(Business Times)

 

INTERNATIONAL ECOMMERCE NEWS - Apple, Alibaba, Huboo...

Apple is on pace to become the first $1 trillion brand.
(Marketing Dive)

Alibaba extends logistics arm to Pakistan for ecommerce unit Daraz.
(TechCrunch)

Huboo to launch in Germany.
(Ecommerce News)

Zalando has acquired a majority stake in Highsnobiety.
(Charged Retail)

 

IN THE MARKETS - SPOKE, Baidu, JumpStory...

SPOKE dresses up with £5 million to customise menswear.
(Tech EU)

Baidu in talks to sell majority stake in iQIYI, China's answer to Netflix.
(Reuters)

Rohlik Group bags a mega €220 million for its e-grocer service.
(EU Startups)

Malaga-based Freepik acquires UK-based Videvo adding audio and video.
(EU Startups)

Imverse scores €4.6 million for game-changing 3D graphics & holograms.
(EU Startups)

Vendr Raises $150MM to help CFOs reduce software expense.
(Street Insider)

JumpStory has now raised over €2.8 million for its ‘Netflix of images’.
(EU Startups)

Staige scores €8.5 million from Borussia Dortmund to digitize sports.
(EU Startups)

Real-estate technology unicorn HomeLight raises $115m.
(Silicon Angle)

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