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Financial payment firm American Express and BNPL platform Klarna have signed multiple partnerships to invest in brands creating live shoppable content. As Livestream shopping seems to be the future of e-commerce, many brands are gearing up to connect with platforms equipped with Live shopping tools. Klarna had acquired Apprl and Hero last year and this multi-partnership helps 250,000 retailers connect with influencers to host and promote live shopping. American Express invested in Firework, a platform allowing brands to host live shopping streams. Earlier, giant retailers like Sephora, Walmart and Macy’s have streamed live shopping events through social media apps like YouTube, Facebook, and TikTok.

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