At just 26, Waiz Rahim is supposed to be involved in the family business, having returned home in 2016 with an engineering degree from the University of Southern California. Instead, the young entrepr
Another brick-and-mortar retailer is turning to Amazon to help save its struggling business. Today, discount chain operator Stein Mart announced it will install Amazon Hub lockers in nearly 200 stores
Startups that are disrupting and unlocking the lucrative world of financial services continue to unlock big funding rounds for themselves. Today, Marqeta — which helps third parties like Square,
It’s a busy time for Postmates . The logistics and delivery company is prepping for its IPO on the back of a fresh $100 million raise in February. However, founder and CEO Bastian Lehmann is sti
European restaurant delivery giant Deliveroo this morning announced that Amazon would be gobbling up a share in the company by leading a new $575 million round of funding in it. But it looks like the
Amazon dominates the top ranking positions of Google for tens of thousands of ecommerce queries, but there are plenty of products in newer categories where Amazon has not yet achieved SEO supremacy.
Walmart’s investments in e-commerce are paying off. The retailer today announced its U.S. e-commerce sales grew by 37% in the first quarter, largely thanks to its booming online grocery business
TodayTix, a mobile ticketing company that makes it easy and relatively affordable to go to Broadway shows and other live performances, is announcing a new $73 million round of funding led by private e
Amazon wants to be plenty of things, the most predictable of which is its ambition to control America’s shipping backbone. The company’s efforts to bring users whatever they desire in 24 h
TomboyX, a direct to consumer, gender-neutral underwear brand, has today announced the close of an $18 million Series B funding round led by the Craftory. With this deal, Craftory becomes TomboyX̵
For Pan-African e-commerce startup Jumia, going public has been an up and down affair. The company filed SEC IPO docs in March and saw its share rise 70% after listing on the NYSE in April at $14.50.
Google is giving its Shopping destination a revamp and introducing a universal cart across its platform of services, including Search, Shopping, Images and even YouTube. The search company announced t
E-commerce giant Amazon was built on the concept of a large marketplace that could be the home for all online shopping, whether it was for items and services it was selling itself or those sold by thi
This month, Amazon announced it’s investing $800 million in its warehouses and delivery infrastructure in order to double the speed of Prime shipping by reducing it to only one day. Now Walmart
The well-known tech startup routine of coming up with an idea, raising money from venture capitalists and other outside investors in increasing rounds as valuations continue to rise, and then eventual
It’s only been a few months since Adobe launched its Commerce Cloud, based on its $1.6 billion acquisition of Magento. Today, at its Imagine 2019 conference, the company announced a number of up
Mailchimp, a bootstrapped startup out of Atlanta, Ga., is known best as a popular tool for organizations to manage their customer-facing email activities — a profitable business that its CEO tol
Following news of Amazon’s plans to reduce Prime shipping down to one day, the company this morning announced an expansion of its Delivery Service Partner program, which now includes a new incen
Don’t like the idea of your baby guzzling down liquid candy all day? It may surprise you to find corn syrup is the main ingredient in most infant formulas in the U.S. That’s where Bobbie,
Bling Capital, YouTube co-founder Steve Chen, Twitch co-founder Kevin Lin and several others have participated in the round.