GoDaddy will be partnering with Facebook and Instagram so the company's customers can sell their products using these channels. GoDaddy's Website + Marketing Ecommerce tool will enable clients to create shoppable posts and stores, making it easier for social media users to purchase a product they like.

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• GoDaddy's clients will be able to integrate their e-commerce stores to their Instagram and Facebook accounts making it more convenient for customers to purchase new products.
• This partnership will enable GoDaddy clients to create Facebook Dynamic Ads while being able to automatically track new orders and keep track of inventory.
• GoDaddy is one of the first companies to implement the new Facebook Business Suite which was unveiled by COO Sheryl Sandberg on Sept. 17. This new interface will allow businesses to directly sell their products on Facebook and Instagram while being able to develop new customer insights.
• Facebook currently has 2.7 billion monthly active users and Instagram has more than 1 billion.

Amazon unveiled "Amazon One," a technology that makes it possible for users to pay for products with their palms. The technology will launch in two Amazon Go stores in Seattle and expand to other Amazon Stores soon. 

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• The biometric technology creates a palm signature based on surface area details such as lines and ridges. Amazon filed for a patent last year for the technology. 
• Amazon is planning to offer this service to third-parties like retailers, stadiums, and office buildings who will benefit from contactless entry and payment technologies, particularly during the pandemic.
• To register for Amazon One, users should have a credit card and mobile number – an Amazon account is not mandatory. The user accounts and biometric details can be deleted through an online portal. 
• After registering, customers can scan their palm and enter a store. Amazon will charge anything they take to the credit cards linked to their palm.

A version of this story first appeared in Inside Business. You can read the full issue here.

Amazon and Walmart-owned Flipkart holiday sales are expected to create 300,000 jobs in India. Average e-commerce shipments during the upcoming festive seasons are likely to reach a daily count of 22 million, up from 12 million in 2019.

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• Daily e-commerce shipments in India has increased to 5.1 million from 3.7 million before the pandemic.
• Amazon recently invested $150m in Amazon Seller Services in India to boost holiday sales.
• The other major retailer, Reliance retail, said it received ~$500m investment from General Atlantic. Earlier, it received a $1b investment from Silver Lake and $750mm from KKR. 
• Walmart is in talks with Tata Group to own a majority stake in Tata's e-commerce platform ‘Super app’ with a $20-$25b investment. This would be the biggest e-commerce deal in the Indian retail market, surpassing Walmart’s $16b deal to buy Flipkart.  

Bed Bath & Beyond announced Tuesday it would start offering same-day delivery to meet growing demand during the pandemic. Bed Bath & Beyond and its subsidiary buybuy BABY will be teaming up with Shipt and Instacart to make this feature available in 48 states.

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• There are currently 955 Bed Bath & Beyond and 155 buybuy BABY locations across the United States.
• Earlier this year, Bed Bath & Beyond introduced buy online, pickup in-store and contactless curbside pickup options to service customers who were hesitant to shop in-store due to the pandemic.
• Bed Bath & Beyond reported that its online sales increased by 82% for the quarter ending on May 30, with a greater than 100% increase in April and May.
• The company's share price is down almost 14% this year, and its market cap sits at $1.9b.
• Shipt's revenue increased by over 350% YoY in Q2 as its order volume almost tripled. Target acquired Shipt in 2017 in a $550m deal.  
• To be eligible for same-day delivery, a customer must spend at least $39, and they will be charged a delivery fee of $4.99

A version of this story first appeared in Inside Business. You can read the full issue here.

Quick Hits:

• A former manager in Amazon's Tax Divison has been charged with insider trading.
• Amazon acquired the rights to the Borat sequel.
• VTEX raises $225M for e-commerce solutions.
• Walmart Canada tripled its Tesla semi-truck order, totaling around 130 trucks, as a part of its sustainability initiatives. The company also said that it is investing $3.5b over the next five years for growth and customer experience transformation. 
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