eCommerce

  • Smartphone-Driven Holiday Sales Nearly Doubled In 2015

    Smartphone-Driven Holiday Sales Nearly Doubled In 2015

    The shift to smartphones as a preferred means of online shopping is continuing to have an impact on the e-commerce industry, according to new data released by Adobe this morning. During the 2015 holiday sales season, including both November and December, smartphones nearly doubled their share of sales over the year prior, accounting for 17 percent of sales versus tablets’ mere 11 percent. Read More

  • Carapace Uses CAD To Create Affordable, Custom Wetsuits

    Carapace Uses CAD To Create Affordable, Custom Wetsuits

    If you’ve ever worn a wetsuit, you know most suck. They are tight-fitting, expensive, and uncomfortable. They are also one of those items that have seen relatively little innovation over the past few decades. Nowadays you either get an ill-fitting off-the-rack piece, or shell out an absurd amount of money for a professionally designed custom suit. Enter Carapace Wetsuits, an… Read More

  • First Amazon Dash-Powered Devices Go Live, Will Automatically Reorder Supplies For You

    First Amazon Dash-Powered Devices Go Live, Will Automatically Reorder Supplies For You

    Your household appliances are getting smarter: think printers that re-order ink when you’re low, or washers that dispense just the right amount of detergent then send you more before you run out. This is the promise of Amazon’s “Dash Replenishment”-powered devices, the first group of which is becoming Dash-enabled today, the company says. That includes select… Read More

  • More Money For India’s On-Demand Economy: Swiggy Raises $35M For Food Delivery

    More Money For India’s On-Demand Economy: Swiggy Raises $35M For Food Delivery

    India has a big appetite for on-demand startups at the moment, and today one of the hopefuls in the food category has raised some money to supersize its business. Swiggy, a restaurant delivery startup that claims to be the largest in India after passing Rocket Internet-backed Foodpanda last month, has raised $35 million in a Series C round. The funding, which brings the total raised up to… Read More

  • Wahanda Rebrands To Treatwell, Eyes Up U.S. Entry

    Wahanda Rebrands To Treatwell, Eyes Up U.S. Entry

    Wahanda, the European hair and beauty marketplace that Japan’s Recruit Holdings majority acquired last year for $117 million (at a $240 million pre-money valuation), is getting a makeover of its own. Today the company has rebranded to Treatwell. The name comes from an acquisition made in June 2015 to expand its services in Holland, Germany and Belgium. The name change and brand… Read More

  • JD.com’s Financial Services Arm Lands $1B Led By Sequoia China At $7.1B Valuation

    JD.com’s Financial Services Arm Lands $1B Led By Sequoia China At $7.1B Valuation

    Alibaba isn’t the only e-commerce service in China with a financial services arm capable of raising large amounts of external funding. While Alibaba’s Ant Financial raised an undisclosed round last summer at a colossal $45-$50 billion valuation, its rival e-commerce giant JD.com’s money-focused unit is also in the money after it took in RMB 6.65 billion from a clutch of… Read More

  • Venture Capital Is Terrible At Online Shopping Crunch Network

    Venture Capital Is Terrible At Online Shopping

    Another day, another series of Silicon Valley e-commerce explosions: Gilt Groupe just sold for a fraction of its valuation (and its capital raised) and One Kings Lane is reportedly the next to die. Previously it was Fab.com being sold for nothing after severely underperforming — ah, Fab, the first billion-dollar retail “unicorn” born with crossed eyes and a trick knee. Read More

  • Amazon China Can Now Manage Ocean Shipments For Other Companies

    Amazon China Can Now Manage Ocean Shipments For Other Companies

    Cargo ships might not be as intriguing as drones, but they represent a potentially lucrative new business opportunity for Amazon. The e-commerce behemoth’s China subsidiary can now provide ocean freight services to other companies. Read More

  • Screw Those $300 Standing Desks. This Cardboard One Is $25

    Screw Those $300 Standing Desks. This Cardboard One Is $25

    Is sitting at a computer all day making you fat, but standing desks are too expensive? The Hootsuite CEO’s nifty new side project could save your spine and slim your belly. Oristand is a $25 standing desk made of cardboard. Just unfold the contraption, stick it atop your normal desk, and you can work without hunching. Some employees at Hootsuite were already bolting little IKEA shelves… Read More