Shopify acquires Remix to improve UI design functionality
Shopify acquired open-source tool Remix to provide additional design functionality to customers.
Shopify has made waves in the e-commerce sector. The acquisition of Remix is set to further improve its processes and demand. Remix was designed by co-founders Ryan Florence and Michael Jackson, an e... Read more
FishPig discovers exploit that puts 200,000 websites at risk
200,000 sites risk having their data compromised due to an exploit in FishPig's software.
FishPig is a UK-based e-commerce software developer. Organizations use its Magento and WordPress plugins to streamline processes. FishPig recently discovered that attackers had found a backdoor into the sec... Read more
EU’s GDPR is set to impact ecommerce sites worldwide
The banning of Google Analytics will make business difficult for most eCommerce businesses.
Recent decisions taken by EU authorities are about to have a negative impact on virtually all eCommerce sites globally, according to the Enterprise Times.
In Italy, for example, the Italian Supervisory... Read more
Small businesses gauge how Apple’s privacy changes may affect them
Small businesses worldwide are cutting down marketing spending because of the latest privacy changes made by Apple, making targeting new customers increasingly hard.
Last year, Apple forced developers to seek permission to serve users personalized advertisements on iPads and iPhones and track th... Read more
Hackers exploit vulnerability that threatens 300,000 PrestaShop users
Hackers are targeting websites using the PrestaShop platform, leveraging a previously unknown vulnerability chain to perform code execution and potentially steal customers' payment information.
The PrestaShop team issued an urgent warning last Friday, urging the admins of 300,000 shops using its... Read more
Mondu raises $43M in series A which Valar led in the US
Mondu, a Berlin-based buy-now-pay-later company, has secured funding of $43 million in a round carried out by Valar Ventures in the US.
Considering the global recession, SMBs have started to reach new heights for financing. Hence, Mondu, a Berlin-based company with a BNPL model, has quickly expa... Read more
Facebook’s eCommerce initiative struggles
Meta Platforms, Facebook's parent company, isn't making as much headway on eCommerce as staff expected when the pandemic hit, according to The Wall Street Journal. Several retailers aren't thrilled about it.
Retailers have expressed their dissatisfaction with the service, claiming that it lacks... Read more
Amazon posts first quarterly loss since 2015
Plagued by higher costs and slower growth, the company sees "challenges" ahead.
Amazon posted its first quarterly loss in seven years, according to reporting in The Wall Street Journal. The disappointing results reflect broad economic trends related to a slump in online shopping, higher costs f... Read more
Madrid-Based fintech startup “RITMO” hits jackpot with $200m funding
RITMO – a Spanish fintech startup – plans to help eCommerce entrepreneurs and businesses expand rapidly and surmount various supply-chain challenges by offering them capital.
Revenue-based financing startups are gaining strength by offering low-on-cash startups a viable alternative to bank... Read more
MANGOPAY acquired by Advent, plans to expand beyond Europe
Advent International acquires majority stake in MANGOPAY – Europe’s leading payment solution for platforms and marketplaces. The start-up allows clients to route funds and accepts onboard sellers and consumer payments worldwide.
MANGOPAY – the Paris-based payment solution provider for E-co... Read more