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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping. The company currently offers its service to more than 22 small and medium companies in South Korea, and is in discussion with potential customers in the fashion, toy and food sectors, Ban said.

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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

With Emperia, brands can put on live events with hosts that walk them through a virtual space, or customize exhibits and displays with 3D models and images of real-world inventory. On the other hand, a Deloitte survey from September found that just 5% of U.S. A separate poll of over 2,000 U.S.

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Three Ways Retailers Can Use AR and VR to Boost Post-Sale Customer Experience

Perficient

A Google survey found that 66% of people said that they’re interested in using augmented reality (AR) for help when shopping, and Shopify revealed that interactions with products having 3D content showed a 94% higher conversion rate than those without it.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

TechUkraine and Emerging Europe also published the results of a survey looking at the country’s start-up ecosystem. Manna
 Co-creating fantastic lifelike avatar media like games, quests, cinema, shows, webcasts, social and business events in a 3D/AR/VR ecosystem.

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AI in Retail Industry: How Big Players Increase Customer Experience

Apiumhub

“This project helps us give more power to the customer and will help Mango get closer to fashion-conscious customers, because it offers more options and experiences than a conventional dressing room,” comments Stefano Gastaut, director of the Vodafone Internet of Things (Corrierecomunicazioni, 2019).

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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

Experts from such companies as Lucidworks, Advantech, KAPUA, MindsDB, Fellow Robots, KaizenTek, Aware Corporation, XR Web, and fashion brands Hockerty and Sumissura joined the discussion. The Federal Deposit Insurance Corporation in their 2017 survey estimated that 6.5 Burberry was among the first fashion brands to use Facebook bots.

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Extra Crunch’s top 10 stories of 2020

TechCrunch

Alex Wilhelm uses his weekday column The Exchange to keep a close eye on “private companies, public markets and the gray space in between,” but one effort stood out: An overview of six API-based startups that were “raising capital in rapid-fire fashion” when many companies were trying to find their COVID-19 footing.