eCommerce

Amazon Pay inks Worldpay integration as it branches out in the wider world of e-commerce

Amazon rules the roost when it comes to e-commerce marketplaces in countries like the U.S., but today it’s announcing a deal that it hopes will be a start to its plan to have that same kind of u

Opendoor raises $300M on a $3.8B valuation for its home marketplace

Last month, we reported that Opendoor — the startup that is taking on the real estate industry with its own platform for buying up homes and selling them on to interested buyers — filed to

These ad execs have a venture fund they’d like to sell you

Mike Duda comes from the world of advertising. In fact, he spent 13 years at the renowned ad agency Deutsch, becoming the youngest partner in the company’s history until another creative, Brent Vart

Twitter cracks down on API abuse, will charge B2B devs

To prevent its own Cambridge Analytica moment and make sure it’s getting paid for its data, Twitter will audit developers using its APIs. Starting June 19th, Twitter will require developers of a

Patreon ups its revenue cut, but grandfathers in old creators

Patreon couldn’t survive charging all creators just a 5 percent rake on the monthly subscriptions they earn from fans while building commerce tools like CRMs and merchandise to try to stay ahead

Custom framing startup Framebridge is opening two retail stores

For a long while, you couldn’t swing a bag of cats around without hitting a retailer looking to create a digital presence. Now, the inverse is growing in popularity, with many digital-first reta

Instagram launches shopping checkout, charging sellers a fee

Instagram is opening a whole new revenue stream. Now the 130 million people who tap Instagram’s product tags on shopping posts will be able to buy those items without leaving the app, thanks to

In big tech’s future expansion plans, public good should be the corporate incentive

The cancellation of Amazon’s planned expansion in New York exposes the truth about its HQ2 promises.

Zeus raises $24M to make you a living-as-a-service landlord

Cookie-cutter corporate housing turns people into worker drones. When an employee needs to move to a new city for a few months, they’re either stuck in bland, giant apartment complexes or Airbnbs me

Can there be too much competition between startups?

Competition is the core of capitalism. Competition between companies lowers prices — on average — and ensures that they are forced to innovate lest they lose their markets to others. Competition b

Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Coupang, the unicorn that is defining e-commerce in Korea, announced today that it has hired Jay Jorgensen, Walmart’s former global chief ethics and compliance officer, to serve as its general couns

Surging costs send shares of e-commerce challenger Pinduoduo down 17 percent

China’s new tech force Pinduoduo is continuing its race to upend the e-commerce space, even at the expense of its finances. The three-year-old startup earmarked some big wins from the 2018 fisca

Acko, a digital insurance provider in India, raises another $65M at a $300M valuation

Acko — a startup out of India that has taken on the country’s antiquated insurance industry with a digital-first product for drivers and others in transportation-related scenarios (for exa

Drivezy, India’s vehicle-sharing startup, is raising $100M+ at a $400M valuation, eyes US expansion

Drivezy — the startup out of India that wants to turn private car usage on its head through a car-sharing network where people lend their cars and two-wheeled vehicles but also have options to u

African e-commerce startup Jumia files for IPO on NYSE

Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today, per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch. The valuation, share price and t

PayPal now lets US users instantly transfer funds to bank accounts in seconds

PayPal, a longtime alternative to the direct use of cards, cash and bank transfers to make payments for goods online and in stores, is today adding a new feature to help it tap into a wider range of c

PayPal to invest $750M, and Dragoneer $100M, into MercadoLibre, Argentina’s e-commerce powerhouse

It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerho

Instacart’s alcohol delivery is now available in 14 states

Instacart has expanded its alcohol delivery to now be available in 14 states and Washington, DC from nearly 100 different retailers. With the roll-out, Instacart alcohol delivery is currently availabl

Tesla u-turns on store strategy, will keep half of showrooms open… and hike prices by 3%

It wouldn’t be Tesla if it didn’t keep us guessing a little… electric car company Tesla is making a u-turn of sorts with its sales strategy. After its announcement at the end of Febr

Josh Wood, hair colorist to the stars, gets $6.5M led by Index in its latest D2C bet

In the age of Amazon, where up to 90 percent of all consumers use it to buy goods and Amazon is accounting for a rapidly-growing percentage of a consumer’s total retail spend (along with other
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