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Nordstrom acquires two retail technology companies Nordstrom has acquired two separate companies, BevyUp and MessageYes, in an effort to further improve its shopping experience with new technologies and tools, according to a press release.
BevyUp's platform will enable store associates to communicate with customers when they're out of the store.
MessageYes will bolster Nordstrom's ability to send consumers personalized mobile messages.
Both of these acquisitions should improve Nordstrom's ability to personalize its shopping experience, and give it more contact with consumers across channels to create a more seamless process.
Business Insider Intelligence analyst Daniel Keyes has the full story.
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| | | Amazon is set to enter the Vietnamese market by providing e-commerce services for the Vietnam E-commerce Association (VECOM), which is a group of 140 local online businesses, according to the Nikkei Asian Review. Read More → | | | | |
| | | Facebook is becoming more selective in the types of shows it curates for Watch, its designated section for TV-like content, according to Digiday. The social network is reportedly disappointed in the overall quality of content hosted on Watch, and has struggled to sell Watch ad inventory. Read More → | | | | |
| | | Apple is reportedly considering releasing a less expensive version of its HomePod smart speaker later this year. The new device would cost between $150 and $200, which is significantly cheaper than the $350 price tag for the current device. Read More → | | | | |
| | | Clinc, a US-based provider of conversational AI technology for financial institutions (FIs), announced the launch of a new self-service platform, Spotlight, that enables FIs to train and deploy sophisticated conversational AI software in-house, independently of vendors. Read More → | | | | |
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| | | Ford has a new team of engineers and developers in Silicon Valley dedicated to researching how drone technologies could fit into the company's business, according to CNN Money. Read More → | | | | |
| | | GM will start piloting a new peer-to-peer (P2P) car-sharing service this summer that will allow GM car owners to rent out their vehicles when they're not using them, according to Bloomberg. Read More → | | | | |
| | | Conspiracy-related videos hosted on YouTube will now include a blurb that offers additional information about the topic, Adweek reports. Read More → | | | | |
| | | Software firm Daon has developed software that will allow customers to use Amazon Alexa-enabled devices, like Echo smart speakers, to send and receive peer-to-peer (P2P) transfers with their banks, according to CNET. Read More → | | | | |
| | | Singapore Exchange (SGX) has announced two new measures designed to make the city more attractive to technology companies, including fintechs. Read More → | | | | |
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