Google in talks to invest in Indian social commerce Meesho Accroding to reports, the tech giant has held discussions over a $50m investment in the Facebook-backed Indian startup Meesho, which lately secured $570m in a financing round. Read more.

Amazon launches in-store pick up for products ordered from local retailers Amazon is rolling out its 'local selling' services, allowing local and regional retailers to offer both in-store pickup and fast delivery to nearby customers. Read more.

Paypal and Pinterest in talks to create new ecommerce powerhouse According to reports, PayPal has made a $45m bid for social media firm Pinterest. The deal talks come at a time when more and more customers are using social media to shop online. Read more.

Stripe acquires Indian-based fintech startup Recko The San Francisco-based fintech giant has made another acquisition to expand its services by acquiring Recko, an Indian startup that enables reconciliation of digital transactions. Terms of the deal were not disclosed. Read more.

Starbucks and Amazon in talks to launch cashierless coffee shop The two companies are in talks to introduce a co-branded coffee shop using Amazon's checkout-free technology. The plans were postponed last year due to the pandemic. Read more.

Alibaba launches new fast-fashion platform allyLikes The Chinese ecommerce giant has launched its own trend-responsive fashion platform, allyLikes, targeting North American and European markets. The company will offer budget on-trend pieces with fast delivery, taking on rival Shein. Read more.