eCommerce

  • PayPal To List On Nasdaq Under PYPL Ticker After eBay Spinoff

    PayPal To List On Nasdaq Under PYPL Ticker After eBay Spinoff

    Payments company PayPal is inching closer to spinning off from its marketplace parent eBay. Today its designated CEO, Dan Schulman, announced that it plans to list on Nasdaq and use PYPL as its ticker — the original ticker it used before eBay acquired it in 2002. The  company plans to spin off eBay in the second half of this year. To date, some 18 billion transactions and… Read More

  • Canada Proves Fertile Ground For Amazon Drone Delivery Tests

    Canada Proves Fertile Ground For Amazon Drone Delivery Tests

    After being rebuffed by U.S. regulator reticence, Amazon is now engaged in testing its drone delivery services in British Columbia, just north of the U.S. border in Canada, on a piece of land dotted with oak trees and firs, the Guardian reports. The ecommerce company is using the test field to trial drones weighing under 55 lbs carrying packages ranging up to 5 lbs, flying through airspace… Read More

  • YC-Backed Moltin Wants To Simplify E-Commerce Development

    YC-Backed Moltin Wants To Simplify E-Commerce Development

    The three founders of Moltin, a member of the 2015 Y Combinator winter class, like many fellow members birthed their company idea out of necessity, coming up with a way to solve an entrenched problem they were facing. In this case, they were working for a design agency in England, and they found adding e-commerce functionality like a shopping cart to a website was too hard and often… Read More

  • Palantir Buys Fancy That To Add Retail, Shopping Data To Its Analytics Platform

    Palantir Buys Fancy That To Add Retail, Shopping Data To Its Analytics Platform

    Palantir is known for its data analytics platform that is used extensively in areas like law enforcement, financial and insurance research and healthcare. Now you can add retail and shopping data to the mix. It has acquired Fancy That, a startup that has built a platform to help retailers with their omnichannel strategies across physical stores, online, mobile and other platforms where… Read More

  • Demandware Snags Point Of Sale Provider Tomax To Extend Reach From Web To Store

    Demandware Snags Point Of Sale Provider Tomax To Extend Reach From Web To Store

    Demandware announced today that it bought Tomax, a cloud-based point of sale company for approximately $75M in cash and incentives. According to Demandware CEO Tom Ebling, the acquisition extends Demandware’s reach from eCommerce websites to the brick-and-mortar storefront. Ebling said that they were attracted to Tomax for several reasons. First of all, like Demandware, they are… Read More

  • Qubit Bags $26M To Grow Its Ecommerce Personalization Platform

    Qubit Bags $26M To Grow Its Ecommerce Personalization Platform

    Big-data ecommerce analytics startup Qubit, which provides online retailers and their marketers with tools to optimize sales by conducting A/B testing and personalizing the content each user sees, has announced a $26 million Series B round of funding, led by Accel Parters. Read More

  • Interior Define Wants To Sell You A Better, Customized Couch

    Interior Define Wants To Sell You A Better, Customized Couch

    Interior Define, a Chicago-based e-commerce company wants to build you a better, and better-designed, couch for less, and has raised $1 million in seed funding to make that happen. The company, which is announcing design collaborations with the online website The Everygirl and HGTV host Alison Victoria, has a board including Bonobos founder and chief executive Andy Dunn, Clint Peterson, a… Read More

  • Feedvisor Raises $6M Series A For Its Repricing Platform

    Feedvisor Raises $6M Series A For Its Repricing Platform

    Tel Aviv-based Feedvisor, an algorithmic pricing and business intelligence platform for online retailers, today announced that it has raised a $6 million Series A round led by Australia’s Square Peg Capital. Today’s announcement comes just under a year after the company announced its $1.7 million seed round, which included funding from JAL Ventures, Oryzn Capital and Micro Angel… Read More

  • IPO-Bound E-Commerce Giant Rocket Internet Consolidates, Holtzbrink Takes 2.5% Stake

    IPO-Bound E-Commerce Giant Rocket Internet Consolidates, Holtzbrink Takes 2.5% Stake

    More shareholder activity over at Rocket Internet, the Berlin-based e-commerce incubator and investor that is widely expected to go public. Holtzbrinck Ventures, a firm that has been a longtime investor in Rocket Internet portfolio companies around the world, is exchanging the shares it has in those companies for a 2.5% share in Rocket Internet. No cash is changing hands here: this is a… Read More

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