eCommerce

  • Home Chef raises $10M for meal kits and “taste algorithms”

    Home Chef raises $10M for meal kits and “taste algorithms”

    Home Chef, one of several startups delivering recipes and ingredients to take some of the hassle out of home cooking, is announcing that it has raised $10 million in Series A funding. Founder and CEO Pat Vihtelic told me that Home Chef stands out from similar-sounding companies in a couple of ways. The big one is flexibility — customers get to choose their meals from 10 overall choices… Read More

  • Gametime now lets users “snap and sell” printed tickets

    Gametime now lets users “snap and sell” printed tickets

    Mobile ticket sellers Gametime added a new feature to their app this week that could draw a larger supply of concert and sports tickets to their marketplace. Designed to make it easier for users to sell old-school printed tickets via mobile, the “snap and sell” feature in Gametime feels something like check scanning in mobile banking apps. A user who clicks the… Read More

  • Rocket Internet’s GFG gets $340M+ at $1.1B valuation, down from $3.5B a year ago

    Rocket Internet’s GFG gets $340M+ at $1.1B valuation, down from $3.5B a year ago

    Berlin-based e-commerce incubator Rocket Internet continues to bring in money for its various startups, but things are definitely not looking great for all of its companies. On the heels of Alibaba investing in its Amazon clone Lazada, today the Berlin-based incubator announced that Global Fashion Group, the company’s unprofitable merged fashion businesses, raised €300 million… Read More

  • eBay shares rise 5% after beating earnings expectations

    eBay shares rise 5% after beating earnings expectations

    eBay surpassed first quarter earnings expectations when it reported after the bell on Tuesday. Shares ticked up 5% following the announcement. The e-commerce giant brought in $2.1 billion in revenue, when analysts were expecting $2.08 billion. The company also posted an adjusted 47 cents per share, when Wall Street was forecasting 45 cents. eBay also reported quarterly gross merchandise… Read More

  • Amazon cracks down on fake reviews with another lawsuit

    Amazon cracks down on fake reviews with another lawsuit

    Amazon is continuing its efforts to crack down on fake, paid-for reviews of the products it sells on its website, by filing yet another lawsuit against those who offer glowing reviews in exchange for cash. In this latest suit, filed on Friday, the company is targeting the operators of five websites engaged in this business practice. The sites offer verified reviews for books and other… Read More

  • Retail giant Central Group is buying Zalora’s businesses in Thailand and Vietnam

    Retail giant Central Group is buying Zalora’s businesses in Thailand and Vietnam

    Zalora, the fashion-focused e-commerce site backed by Rocket Internet, is selling its businesses in Thailand and Vietnam to retailer Central Group, according to multiple sources close to the deal. We reported the planned sale earlier this month and have since confirmed that Bangkok-headquartered Central Group is the buyer. The deal is said to be agreed on in principle and currently subject… Read More

  • Two years after launching, Casper prepares for European expansion

    Two years after launching, Casper prepares for European expansion

    It’s been exactly two years since Casper started selling mattresses, and CEO Philip Krim said it’s already turned into a big business, with $100 million in revenue (not to mention a $550 million valuation) in 2015. Next up is international expansion, with the New York City-headquartered startup opening an office in Berlin. That office currently has four employees, but Krim said… Read More

  • Honeyfund launches app to crowdfund your honeymoon

    Honeyfund launches app to crowdfund your honeymoon

    A lot of people live with the idea that life is about experiences rather than things. A firm subscriber of that philosophy is Honeyfund — a company whose new Honeyfund app helps newlyweds bankroll their honeymoon, rather than stocking their house with half a dozen different bread makers. Read More

  • Brayola gets $2.5 million in Series A support, unveils a marketplace

    Brayola gets $2.5 million in Series A support, unveils a marketplace

    Brayola, the service that helps women find the perfect-fitting bra, has today announced the close of a $2.5 million Series A round. Investors include Haim Dabah of HDS Capital and FirstTime Capital’s Jonathan Benartzi. The company is also unveiling its own marketplace, leveraging inventory from brand partners to help women not only find the right bra, but take action on that item… Read More

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