agentic commerce news and archive

Private equity firm L Catterton backs Glance to expand AI shopping in the US

US-based private equity firm L Catterton announced a strategic investment in Singapore-based Glance, an artificial intelligence-powered personal shopping platform backed by Indian multinational technology company InMobi. The capital commitment is designed to support the development of agentic shopping solutions and accelerate international...

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Retail

Study: European e-commerce to grow despite challenging consumer climate

European digital commerce is projected to grow by 6 percent annually until 2029, despite the challenging consumer climate. According to the authors of the McKinsey study, “Europe’s new e-commerce agenda: How AI is resetting growth and competition”, this not only indicates “remarkable resilience” but also describes a fundamental shift. Artificial...

Retail

ING forecast: ‘agentic commerce’ to further shrink brick and mortar retail

Amsterdam - Following the rise of e-commerce and social commerce, the emergence of agentic commerce is placing further pressure on brick and mortar stores. This is according to a new market analysis by ING Group. Agentic commerce helps consumers shop via autonomous AI agents that independently select and purchase products for the online...