Digest for 21-27/July

Industry news

As competition between Walmart and Amazon intensifies, the acquisition of Shopify may be the boost Walmart needs. Read the whole article for the current stats of the companies, competition between Amazon and Walmart, and what can be expected from the potential acquisition. Read on techcrunch

Walmart and Microsoft announced their partnership, which aims to “empower its associates worldwide and make shopping faster and easier for millions of customers around the world”. Read the article on fool.com

Fintech company PayU has acquired Zooz, a startup based out of Israel that provides an API to merchants that lets them accept a variety of payments depending on the market. Read on techcrunch

eBay completed the acquisition of Qoo10. Qoo10 operated six online e-commerce marketplaces across Asia – in Singapore, Japan, Indonesia, Malaysia, Hong Kong and China, with 17.6 million registered users. Read on pymnts

Pinterest nears $1 billion in ad sales and valuation rises as it looks to go public in mid-2019. Read on news.crunchbase

Blogs

Read this helpful post about 3 ways to create product descriptions for your shop https://www.ecwid.com/blog/how-to-create-product-descriptions.html

Get motivated with these inspirational quotes https://www.bigcommerce.com/blog/quotes-for-entrepreneurs/

Ponder on this in-depth look at why people buy what they buy https://medium.com/swlh/the-psychology-of-selling-1bfea4cd127