GoKwik launches AI-powered Kwik Ship for faster ecommerce deliveries in IndiaGoKwik has launched Kwik Ship, an AI-powered platform designed to enhance online shopping deliveries in India. The system aims to reduce fa...
Boat cofounder Aman Gupta's Offbeat Studios raises Rs 100 crore led by Bessemer Venture PartnersAman Gupta has raised Rs 100 crore in seed funding for his new venture, Offbeat Studios, led by Bessemer Venture Partners. While details ab...
AI did it in one prompt: Shopify CEO Tobi Lutke builds his own MRI viewerLutke’s X post said he used Anthropic’s Claude AI to process DICOM files (the standard file format used in healthcare to store and transmit...
Elon Musk’s dancing robot Optimus impresses Shopify CEO but internet’s worried about dish-washingElon Musk's Optimus robot has captivated the internet with its impressive dance moves, sparking awe and humorous speculation. The viral vid...
Cathie Wood of Ark Invest aggressively purchased these three stocks in a single day; what's the logic behind this move?Ark Invest chief executive Cathie Wood bought Advanced Micro Devices, Toast, and Shopify shares in a day. Their stock prices at times went ...
GoKwik acquires Shopify app Return Prime, forays into global marketThe acquisition marks GoKwik’s entry into the international markets of UK, Europe and the US. As online shopping continues to grow, particu...
Shopify notifies merchants it will discontinue its advanced cash-on-delivery app by month endShopify has not given a reason for discontinuing the COD app in India, which is still largely a cash-driven market where several small and ...
US logistics startup Flexport to lay off 20% of its workforce: reportFlexport is one of the most valuable US logistics startups, with $2.3 billion in funding so far and an $8 billion valuation. The company ac...
'Saddened by what’s transpired': Business leaders react to OpenAI CEO Sam Altman's ousterBrian Chesky, cofounder and CEO of Airbnb, backed Altman saying, "Sam Altman and Greg Brockman have my full support. I’m saddened by what’s...
Shopify invests in wholesale platform FaireFaire, founded in 2017 and valued at $12.59 billion, would become the recommended wholesale marketplace for Shopify merchants. The companie...
Flexport unveils ecommerce tools as returned CEO aims to regain profitabilityCompanies ranging from Shopify to Walmart have launched their own ecommerce platforms to compete with industry leader Amazon.com. Sellers w...
Shopify to launch AI assistant for merchantsThe assistant called "Sidekick" would be embedded as a button on Shopify and answer merchant queries, including details about sales trends,...
Rapid continues downsizing efforts, lays off additional 70 workersThe US-based startup Rapid (previously known as RapidAPI), which built out an API (Application Programming Interface) marketplace, has laid...
Shopify sells shipping service firm Deliverr, other assets amid narrowing ambitionsMost of Shopify's fulfillment assets will be acquired by logistics provider Flexport in an all-stock deal that also includes the sale of th...
Shopify extends drop after posting loss and weaker outlookThe worse-than-expected results came one day after Shopify said it was cutting its workforce by 10% amid a softening in online sales -- amo...
By stock split, Shopify seeks to protect its CEO's voting rightsShopify Inc. is proposing that financial backers approve adjustments to its perplexing shareholding structure to protect the democratic fre...
Video app TikTok leans into e-commerce with Shopify dealThe partnership was announced Tuesday amid stalled negotiations for Walmart to buy a 7.5% stake in the video app.