Check key Ecommerce news of the last week 📅 May W3 2024 [Video]

Check key Ecommerce news of the last week
📅 May W3 2024

🇺🇸 Meta Launches Enhanced Generative AI Features
Meta’s enhanced generative AI tools now offer full image and text generation for advertisers. These features help businesses create creative variations and automate ad creation, improving performance. New text overlay and image expansion tools are also included.

🇨🇳 Deepfakes help mourners talk to the dead
AI companies in China, like Silicon Intelligence, offer digital avatars to help mourners talk to deceased loved ones. This technology has become more affordable, with prices dropping from $2,000 to a few hundred dollars. Ethical and emotional debates continue.

🇦🇹 Shöpping expands into Germany, boosting sales
Shöpping is expanding into Germany in Q4 2024. This move will allow Austrian retailers to reach German customers and attract EU merchants. This expansion aims to meet the increasing demand for Austrian products in Germany.

🇺🇸 BigCommerce Launches Open Source Buyer Portal
BigCommerce launched an open-source Buyer Portal on May 7, 2024, allowing B2B brands to create tailored buyer experiences. This move aims to reduce development costs and time, offering streamlined services and faster time-to-market. The portal supports localized experiences and automates administrative processes.

🇺🇸 Kudos secures $10M for AI smart wallet growth
Kudos, an AI-driven smart wallet, raises $10M to enhance credit card optimization for rewards. The company grew from 1,000 beta testers to 200,000 users since 2022. Investors include QED Investors, Patron, and others.

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