Quince hits $10B valuation with giant $500M round led by Iconiq
E-commerce company Quince has raised another massive round, less than a year after its previous raise.
Meta didn’t buy Moltbook for bots — it bought into the agentic web
Meta’s Moltbook acquisition may look odd at first, but the deal could signal how Meta sees AI agents shaping future advertising and commerce on an agentic web.
Amazon expands a program that lets customers shop from other retailers’ sites
The changes allow more merchants to participate in Amazon’s Shop Direct program, which sends Amazon customers to other retailers’ websites.
AI-powered apps can make money, but struggle with long-term retention, new data shows
AI can drive stronger early monetization for apps, but sustaining value remains the challenge, RevenueCat’s latest report finds.
Uzbekistan’s Uzum valuation leaps over 50% in seven months to $2.3B
Uzum now reaches 20 million users and processes $11B in payments as it expands its e-commerce and fintech ecosystem across Uzbekistan.
Flipkart moves its headquarters back to India ahead of IPO
Flipkart’s headquarters shift comes as the Walmart-backed e-commerce giant reaches about $30 billion in GMV.
X revamps Creator Subscriptions with new features, like exclusive threads and shareable cards
X is rolling out a series of new features for creators, like the ability to offer paid threads and other marketing tools.
Google settles with Epic Games, drops its Play Store commissions to 20%
Google has dropped its commission, charging a 20% service fee and an optional 5% to use its billing services. It will also offer a new process for third-party app stores.
X ads ‘Paid Partnership’ labels for creators so they can ditch the hashtags
The new labels comply with regulations and allow creators to be more transparent with their followers.
Walmart agrees to $100M settlement over deceptive pay practices in Spark Driver program
The suit said Walmart mislead drivers about their possible tips and would reduce their base pay, among other things.