Pinterest ramps up ecommerce capability with buy it button

A new feature from Pinterest moves them further in to the mobile commerce space competing with the likes of Amazon and Etsy. Pinterest and their ecommerce partner, Shopify, have introduced ‘buyable pins’. These allow a visitor to buy a product while viewing an image on the Pinterest iOS app. A ‘buy it’ button appears next … [Read more…]

Uber ‘making big losses’- report

Uber could be running losses of several million dollars each quarter as the taxi app invests heavily in growth, according to a news report. Blog Gawker published a story on Wednesday claiming that claimed to “prove Uber is a money loser.” Quoting leaked financial documents from the company. They show operating losses of more than … [Read more…]