Tuesday, December 17, 2024

Commbank: Launches TikTok style shopping app

Commbank Launches TikTok style shopping app

  • Commonwealth Bank (commbank) has launched a new online shopping app through its ventures business, x15ventures
  • The app’s MD says Cheddar directly targets Gen Z shoppers by offering a platform similar to TikTok that better engages customers
  • Cheddar is already available for Apple users, with an Android launch expected next year, while close to 600 retailers have signed on
  • The app is the latest online shopping offering from Combank, which recently invested in gift card business Karta, online shop Little Birdie and BNPL business Klarna
  • The platform is trading down 0.27 per cent at $107.72 per share

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

FIS to Acquire Demica for $300 Million, Expanding Global Supply Chain Finance Capabilities

Subheading FIS's acquisition of Demica aims to enhance its supply...

Societe Generale Completes First Repo Transaction on Public Blockchain with Banque de France

Subheading Societe Generale's pioneering repo transaction on the public Ethereum...

FinCrime Dynamics Secures Seed Funding to Revolutionize Financial Crime Prevention

Subheading FinCrime Dynamics raises seed funding led by Oxford Capital...

UK Regulator PSR Proposes Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) aims to introduce a...

Thoughtworks Partners with AWS to Accelerate Generative AI Adoption in Asia Pacific

Subheading Thoughtworks and AWS collaborate to drive generative AI adoption,...

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) proposes a price cap...

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from PaxosHighlights:...

Related Articles

Popular Categories

spot_imgspot_img