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Industry News

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Industry NewsPymnts

Cross-Border Payments Become a Loyalty Test for SMB Service Providers

Cross-border payments have become a core need for small and medium-sized businesses (SMBs), but providers face a serious loyalty challenge. More than one-quarter of active cross-border businesses are willing to switch providers, with settlement speed, currency coverage and localized support emerging as decisive competitive factors.

Industry NewsDigiday

TikTok Shop Officially Enters Brands' Mainstream Media-Buying Channels

TikTok Shop has shifted from a peripheral channel to a core channel receiving formal budget allocations from brands, alongside Amazon and Walmart. Large brands are increasing investment through agencies, highlighting significant improvements in the platform's logistics and conversion capabilities.

Industry NewsReuters

UK Regulator Launches Investigation into eBay's Acquisition of Depop

The UK's Competition and Markets Authority (CMA) has formally launched an investigation into eBay's $1.2 billion acquisition of fashion resale platform Depop. The regulator will assess whether the merger could substantially lessen competition in the UK market. The CMA plans to announce its Phase 1 review decision by August 6, 2026. The move reflects continued regulatory attention to concentration and competition in the secondhand ecommerce market.

Industry NewsWsj

Amazon and Corning Reach Multibillion-Dollar Fiber-Optic Supply Agreement

Amazon has signed a multibillion-dollar long-term agreement with specialty glass manufacturer Corning to provide critical fiber-optic and connectivity technologies for its rapidly expanding data centers. The deal secures hardware supplies for Amazon’s cloud infrastructure and will support local employment through expanded production in North Carolina. For sellers, it reflects Amazon’s continued heavy investment in AI and cloud services, further strengthening its underlying capabilities as a global e-commerce and cloud-services giant.

Industry NewsWsj

Amazon and Corning Sign Multibillion-Dollar Fiber-Optic Supply Agreement

Amazon and fiber-optics giant Corning have reached a large-scale supply agreement to support infrastructure for Amazon’s AI data centers. The move strengthens Amazon’s cloud infrastructure strategy, creates significant employment through expansion in North Carolina, and highlights its continued investment in the AI computing race.

Industry NewsFt

Walmart Reiterates That AI Will Empower Rather Than Replace Jobs

Amid concerns that AI could lead to layoffs, Walmart has stated that AI will serve as an employee-support tool. It has also launched an AI certification program for all employees to improve productivity through technology rather than simply replace human labor.

Industry NewsCorning

Amazon and Corning Reach Multibillion-Dollar Agreement to Expand U.S. Manufacturing

Amazon and Corning have entered into a multiyear, multibillion-dollar partnership to produce optical fiber for data centers. The move strengthens Amazon’s U.S. supply chain and reflects its continued investment in infrastructure, indicating further reinforcement of the platform’s underlying technology support for cross-border sellers that rely on Amazon’s cloud services and logistics network.

Industry NewsTechfundingnews

AI E-Commerce Startup Wassist Raises $1.1 Million

AI e-commerce startup Wassist has completed a $1.1 million seed round. The company provides a no-code platform that helps merchants deploy AI agents on WhatsApp for automated customer service, product recommendations, and payment processing.

Industry NewsKelo

UK Competition Regulator Investigates eBay’s Acquisition of Depop

The UK Competition and Markets Authority (CMA) has formally launched an antitrust investigation into eBay’s $1.2 billion acquisition of second-hand fashion platform Depop. The regulator will assess whether the merger could substantially reduce competition in the UK market. The investigation could delay approval or lead to additional conditions on the deal.

Industry NewsFt

Walmart Reassures Employees That AI Is Intended to Empower, Not Replace Jobs

At its annual employee meeting, Walmart emphasized that AI would serve as a tool to improve efficiency rather than as a means of cutting jobs. The company has launched a nationwide AI skills certification program to empower frontline employees and address concerns that automation could cause job losses.

Industry NewsEbayinc

eBay Appoints Brian Sharples to Its Board of Directors

eBay announced the appointment of Brian Sharples to its board of directors. The move is intended to bring in an experienced industry expert and strengthen decision-making on ecommerce strategy, technological innovation, and market competition as global ecommerce competition intensifies.

Industry NewsTechtrends

Payment Infrastructure, Not Policy, Will Determine AfCFTA’s Future

A recent report says the success of the African Continental Free Trade Area (AfCFTA) now depends less on policymaking and more on operational mechanisms such as payments and logistics. The convenience and settlement speed of cross-border payments will directly determine the commercial viability of cross-border ecommerce in African markets.

Industry NewsThefintechtimes

2026 Money20/20 Europe: Cross-Border Payments and Compliance Take Center Stage

At Money20/20 Europe in Amsterdam, the financial industry focused on regional payment interoperability and digital-asset compliance. The industry is shifting from conceptual technologies toward deploying automated financial operating systems to address global macroeconomic and regulatory pressures.

Industry NewsBarchart

Newegg Announces Annual Biggest Summer Sale FantasTech Starting June 22

Newegg has scheduled its annual summer sale, FantasTech, for June 22–28. To improve conversion, the platform has relaunched its price protection program, allowing consumers to order before the promotion and automatically receive the difference if prices fall during the event.

Industry NewsWalmart

Walmart Integrates Subway Delivery Into Its App to Strengthen Express Delivery

Walmart is expanding its express-delivery ecosystem by integrating Subway food delivery into its app. Consumers can combine restaurant meals with grocery and daily necessities in one order, with delivery available in as little as 30 minutes. The move aims to increase user retention through a one-stop shopping experience.