Verizon Media to launch the online marketplace Yahoo Shops

Tuesday 23 March 2021 09:06 CET | News

Yahoo has revealed that the Verizon Media brand will launch an online marketplace called Yahoo Shops, later in 2021. 

Via this marketplace, shoppers can buy products directly via reviews, editorial roundups, and shoppable video. According to Media Post, there will be 50 brands to start, including Woo Skin Essentials by Projectwoo, Golden Secrets, and Act + Acre. In addition, the company is working on a universal shopping cart for all Yahoo brands, and there will be 3D try-ons.

In 2020, Yahoo started working with Walmart to allow customers to shop within Yahoo Mail. However, this year, the initiative of Yahoo Shops is meant to be the first digital media marketplace anywhere with its own capabilities. 

At the same time, Verizon Media has debuted an expanded version of its ‘In The Know’ shopping network, with ITK Parenting and ITK Cooking. The company claims it has driven a 213% increase in sales value through content commerce and Yahoo Mail inbox shopping.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Yahoo, marketplace, ecommerce
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce