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How e-commerce companies can brave the new retail environment

TechCrunch

But of late, they’re braving a new market shaped by three major trends: stunted online shopping growth, the impact of the latest iOS privacy updates on social media customer acquisition strategies (leading to higher costs) and macroeconomic uncertainty. The new retail challenge. retail sales in Q4 of 2021, down from 13.6%

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Applications of Artificial Intelligence (AI) in business

Hacker Earth Developers Blog

Businesses that use Artificial Intelligence (AI) and related technology to reveal new insights “will steal $1.2 Recent advances in AI have been helped by three factors: Access to big data generated from e-commerce, businesses, governments, science, wearables, and social media. predicts Forrester Research. Source: McKinsey.

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Daily Crunch: ‘Copy-from-China’ social media app Lemon8 squeezes its way into US top 10

TechCrunch

Artificial intelligence and open source were big buzzwords on Day 1 , while Day 2 had us wondering if crypto is back and why accountants are suddenly getting a lot of love. Daily Crunch: ‘Copy-from-China’ social media app Lemon8 squeezes its way into US top 10 by Christine Hall originally published on TechCrunch

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5 ways AI is showing promise as a decision-maker

CIO

An AI system can gather data from customer relationship management software, social media profiles, email interactions, and purchase histories to identify the candidates most likely to convert. Dynamic pricing Airlines, ride-sharing services, and online retailers have long used dynamic pricing to adjust to changing market conditions.

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

Altexsoft

percent of all retail sales (2.3 eCommerce share of total retail sales worldwide from 2015 to 2021. To remain competitive, retailers must allow in-store customers to enjoy the benefits of online shopping. The country’s second largest online retailer JD.com is one the companies making the idea of checkoutless shopping a reality.

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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business. BlackCart raises $8.8M

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AI touches everything, everywhere all at once at Disrupt

TechCrunch

Come and explore the rapidly expanding capabilities and potential of artificial intelligence, and dig into the science behind the deep tech, the products it powers and the ethical, social and legal challenges that come with it. It all starts at ground zero: the AI Stage — one of six new industry-specific stages this year.