eCommerce

  • Amazon blows past earnings expectations

    Amazon blows past earnings expectations

    Amazon reported first-quarter earnings after the bell on Thursday. The company shattered earnings expectations, reporting $1.48 per share, when Wall Street was expecting $1.12. Net income stood at $724 million. Read More

  • PayPal shares up 7% after better-than-expected earnings

    PayPal shares up 7% after better-than-expected earnings

    PayPal, the payments company, posted first-quarter earnings results after the bell on Wednesday. After surpassing analyst estimates with an adjusted 44 cents per share, compared to the 41 cents that many were predicting, shares rose 7 percent in initial after-hours trading. Net income was $384 million, up 5 percent from last year. Read More

  • Token, with $2.5 million in funding, wants to help you find the perfect gift

    Token, with $2.5 million in funding, wants to help you find the perfect gift

    There is nothing better than giving someone the perfect gift. So it’s only natural that giving the wrong gift, for which you searched tirelessly and still came up short, is one of the worst feelings in the world. That’s where Token comes in. The startup, launching publicly today from the Human Ventures startup studio, wants to take on the challenge of gift-giving with a little… Read More

  • Aspiration can now tell you the ‘social impact’ of your monthly spending

    Aspiration can now tell you the ‘social impact’ of your monthly spending

    Looking for some insight into the societal cost of buying a cup of coffee, a double cheeseburger, or a pack of cigarettes? Well, financial services startup Aspiration now has an app for that. The fascinating fintech company that was co-founded by former Bill Clinton speechwriter Andrei Cherny just launched a new feature inside its mobile banking app that tracks a customer’s… Read More

  • Korea’s Ticket Monster nabs $115M at a $1.4B valuation to ramp up in grocery

    Korea’s Ticket Monster nabs $115M at a $1.4B valuation to ramp up in grocery

    After an M&A rollercoaster that involved getting acquired by LivingSocial and then Groupon (before getting spun out again), Korea’s Ticket Monster, a mobile e-commerce marketplace, today is announcing a major cash injection to boost its chances as an independent company in a highly competitive, tech-savvy market. The company has raised $115 million from a new outfit, the Simone… Read More

  • MikMak is using mini infomercials to help retailers turn their stories into sales

    MikMak is using mini infomercials to help retailers turn their stories into sales

    MikMak, the New York-based startup that is trying to make short and catchy infomercials (aptly named minimercials) the future of commerce, is launching a new feature to help retailers monetize their stories on Instagram and Snapchat. The new product is called Attach, and serves as a middleman between a retailer’s daily story on a platform like Instagram and the actual product available… Read More

  • There’s now an Amazon Dash button for underwear

    There’s now an Amazon Dash button for underwear

    Amazon this morning gave an update on its Dash buttons in light of its recent expansion to support over 300 brands, and, in typical Amazon fashion, it didn’t release any hard numbers in terms of Dash buttons in the wild, or sales figures generated by these push-button ordering devices. However, there was a hint that Dash buttons’ traction is growing – the company said that a… Read More

  • LoveCrafts, a social network and marketplace for makers, raises $33M

    LoveCrafts, a social network and marketplace for makers, raises $33M

    Facebook may have the generalist social network on lockdown, but when it comes to communities based around special interests, the playing field remains full of promise. Today, a U.K. startup called LoveCrafts, aimed at knitters and other home craft makers with a platform that is part social network and part e-commerce marketplace, is announcing a significant growth round to seize that opportunity. Read More

  • Flush with funding, Instacart accelerates US expansion

    Flush with funding, Instacart accelerates US expansion

    Grocery delivery startup Instacart recently closed a $400 million Series D round of funding at a valuation of $3.4 billion. Now, the company is putting that capital to work by accelerating its expansion across the U.S., and offering free Instacart Express memberships to entice new users wherever it goes. Read More

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