Etsy, Shopify gain on ChatGPT instant checkout partnership
RefinitivLess than 1 min read
** Shares of online selling platforms Etsy ETSY and Shopify
SHOP rise 7.3% and 4.5%, respectively
** OpenAI says it is partnering with Etsy and Shopify to roll out instant checkout for shopping through ChatGPT
** The feature is available to U.S. ChatGPT Pro, Plus, and Free users, enabling them to make purchases directly within ChatGPT
** Merchants will have to pay a fee on completed purchases to OpenAI, but there will be no charges for users
** Up to last close, Etsy and Shopify had risen 27.8% and 31.9% YTD, respectively
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