eCommerce

Jumia co-CEO Jeremy Hodara talks African e-commerce and his company’s path to profitability

This month, African e-commerce giant Jumia released its second full-year financials for Q4 and its fiscal year 2020. The results were mixed — active customers and gross profit increased, while o

Infra.Market becomes India’s newest unicorn with $100 million fundraise

The newest unicorn in India is a startup that is helping construction and real estate companies in the world’s second-most populated nation procure materials and handle logistics for their proje

Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace

Through all of the last year’s lockdowns, venue closures and other social distancing measures that governments have enacted and people have followed to slow the spread of COVID-19, shopping &#82

Jumia narrows losses, as its payment service grows in financial results

After years of losses, African e-commerce giant Jumia claimed significant progress towards profitability in its Q4 2020. Backing that claim, Jumia reported record gross profit and some improvements to

BigCommerce customers can now sell on Walmart’s online marketplace

BigCommerce has partnered with Walmart to allow its customers to sell on the Bentonville, Arkansas-based retailer’s e-commerce marketplace, it announced this morning. Shares of Austin-based BigC

Furniture startup Burrow raises $25M

Burrow, a startup that first launched with a modular sofa, eventually aims to sell you furniture for every room in your home. Today, it’s announcing that it’s raised $25 million in Series

Wholesale marketplace Abound raises $22.9M

Abound, an online marketplace that helps independent retailers stock their shelves with new products from up-and-coming brands, is announcing that it has raised $22.9 million in its first institutiona

YC-backed Taste brings multicourse fine dining into your home

Jeff Chen has a pithy pitch for his new startup Taste: “We made the Instagram of nice food.” In other words, just as Instagram made it easy for regular smartphone users to look like talent

Indian trader group calls for ban on Amazon following damning report

An influential India trader group that represents tens of millions of brick-and-mortar retailers called New Delhi to ban Amazon in the country after a report claimed that the American e-commerce group

NY AG sues Amazon over treatment of warehouse workers

New York Attorney General Letitia James has filed a lawsuit alleging that Amazon failed to provide adequate health and safety measures in two New York facilities, and that it unlawfully disciplined an

YouTube to expand Shorts to the US, add 4K and offline DVR to YouTube TV, launch in-video shopping and more in 2021

YouTube has a host of big product updates coming this year, and it just detailed a lot of them in a blog post from Chief Product Officer Neal Mohan. Google’s streaming video site plans to expand

Jet co-founder Nate Faust is building a more sustainable e-commerce experience with Olive

Nate Faust has spent years in the e-commerce business — he was a vice president at Quidsi (which ran Diapers.com and Soap.com), co-founder and COO at Jet (acquired by Walmart for $3.3 billion) and t

Inside Rover and MoneyLion’s SPAC-led public debuts

If we are not careful, every entry of this column could consist of SPAC news.

Live video shopping startup Talkshoplive raises $3M

Talkshoplive is a startup that’s worked with stars like Paul McCartney and Garth Brooks, as well as small businesses, to host shopping-focused live videos. Today, it’s announcing that it h

Valoreo closes on $50M to roll up LatAm e-commerce brands

A new breed of startups is acquiring and growing small but promising third-party merchants, and building out their own economies of scale. And while there are a number of such startups based in the U.

Private equity firm Marlin snatches up e-commerce optimization platform Lengow

French startup Lengow has a new landlord as Marlin Equity Partners has acquired a majority stake in the company. Lengow operates a software-as-a-service platform to optimize e-commerce listings. Terms

Tony Florence, the head of NEA’s tech practice, on building breakthrough brands

Tony Florence isn’t as well known to the public as other top investors like Bill Gurley or Marc Andreessen, but he’s someone who founders with SaaS and especially marketplace e-commerce co

Coupang files for mega US IPO

Coupang's offering, coming amidst the public debut of a number of well-known technology brands, will be a massive affair.

Newly funded Maisonette is becoming a go-to brand for fashion-conscious families; here’s how

Maisonette, a four-year-old, New York-based company, has aimed from the outset to become a one-stop curated shop for everything a family might need for their young children. That plan appears to be wo

Thrasio raises $750M more in equity for its Amazon roll-up play

The Amazon Marketplace roll-up play is well and truly underway. In the latest development, Thrasio — one of the biggest and earliest movers in the market to consolidate third-party sellers on th
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