eCommerce

  • Shopify’s online merchants can now offer same-day delivery via Postmates

    Shopify’s online merchants can now offer same-day delivery via Postmates

    Postmates to date has scored deals with a number of high-profile retailers and restaurants, including Apple, Walgreens, Starbucks, Chipotle, and 7-Eleven. Today, it’s expanding its reach again via a partnership that will bring a number of smaller businesses – even down to mom-and-pop shops – to its delivery service. The company has teamed up with e-commerce software… Read More

  • India’s MobiKwik raises $50M for its mobile wallet service

    India’s MobiKwik raises $50M for its mobile wallet service

    The increase of smartphone ownership in India is fueling the rise of mobile wallets in India. One company leading the charge, MobiKwik, has topped up its own funds with a $50 million Series C round announced today. Read More

  • Shopping Quizzes is a quiz-based recommendation engine for e-commerce sites

    Shopping Quizzes is a quiz-based recommendation engine for e-commerce sites

    A key tenet of e-commerce is the recommendation engine. If implemented correctly, it can be a major sales driver for online retailers. However, most sites normally just implement a basic engine that guesses what shoppers want, without any input from the shoppers themselves. Shopping Quizzes has created a recommendation engine that actually asks shoppers what they’re looking… Read More

  • 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 13 overall… 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

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