ReutersReuters

Etsy, Shopify gain on ChatGPT instant checkout partnership

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** 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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