eCommerce

  • Sun Basket cooks up another $15 million for gluten-free and paleo meal kits

    Sun Basket cooks up another $15 million for gluten-free and paleo meal kits

    Meal kit delivery startups are nothing new. They send pre-measured ingredients in an insulated package right to a subscriber’s door, and promise to alleviate the inconvenience of grocery trips. One company in this burgeoning channel of food retail, Sun Basket, has just raised $15 million in a Series C round of venture funding to put a health-conscious twist on the meal kit. Read More

  • PS Dept makes shopping for clothes as simple as sending a message

    PS Dept makes shopping for clothes as simple as sending a message

    The fashion industry isn’t necessarily racing into the future, but some startups and even some big brands are taking steps toward technology that not only help end-users but also help the brands and retailers themselves. One such startup is PS Dept, founded here in New York. PS Dept turns the idea of personal shopping into something as simple as a text conversation. When it comes to… Read More

  • Walmart acquires outdoor retailer Moosejaw for $51 million

    Walmart acquires outdoor retailer Moosejaw for $51 million

    Walmart this morning announced it’s acquiring a leading outdoor retailer Moosejaw for approximately $51 million in an all-cash deal. Headquartered in Madison Heights, Michigan, the retailer has both a large online presence as well as 10 physical stores across Michigan and the midwest U.S. Walmart says it will allow Moosejaw to continue to operate its website and stores as a standalone… Read More

  • Groupon closes up 23% after Q4 report, says it paid nothing for LivingSocial

    Groupon closes up 23% after Q4 report, says it paid nothing for LivingSocial

    Groupon, the daily deals platform that has been restructuring itself and trying to shift into more profitable areas of e-commerce, today reported its Q4 earnings. The company reported sales of $934.9 million but with a net loss of $50.2 million, and a non-GAAP EPS of $0.07. Both are a beat for the company: analysts were expecting revenues of $912.8 million, and non-GAAP earnings per… Read More

  • PayPal buys TIO Networks for $233 million

    PayPal buys TIO Networks for $233 million

    PayPal has agreed to buy bill payment management company TIO Networks for $233 million in cash. The deal will allow PayPal to gain access to a market of customers who pay their utility and cable bills at kiosks in locations like Rite Aid. This will help the company reach the “underserved” chunk of North Americans who are living paycheck-to-paycheck, some who even lack bank… Read More

  • Etsy Studio is a new marketplace for craft supplies

    Etsy Studio is a new marketplace for craft supplies

    Etsy just announced what it’s calling its first marketplace in 11 years — Etsy Studio, where businesses can sell supplies to other Etsy users. CEO Chad Dickerson told me that while craft supplies were already available through the existing Etsy website, “It was a category that we didn’t focus on.” Then, about a year ago, the team started to work on the idea of… Read More

  • Amazon hints at Prime sales in latest filing

    Amazon hints at Prime sales in latest filing

    Amazon Prime has driven growth for the e-commerce company for years now. But Amazon has traditionally been cagey about disclosing too many details regarding the popular service. In a 10-K filing summarizing performance throughout 2016, the business did something that drew the attention of Wall Street analysts. It designated a category entitled “retail subscription services”… Read More

  • Birchbox to launch a second, more personalized beauty subscription service

    Birchbox to launch a second, more personalized beauty subscription service

    Subscription beauty service Birchbox is launching a new, pricier tier to its service, offering customers the ability to better customize their monthly box of products, along with other perks. The service, which is only being offered to current subscribers for the time being, is $14 per month, compared with $10 per month for the original subscription. The launch comes after a time when… Read More

  • Grab is buying Indonesian payment firm Kudo in its first major acquisition

    Grab is buying Indonesian payment firm Kudo in its first major acquisition

    Uber’s Southeast Asia rival Grab is in the process of buying up Indonesia-based online payment startup Kudo in its first major acquisition. A source close to discussions confirmed to TechCrunch that talks are ongoing and a deal could be announced as soon this week. Reuters first reported the deal, which it said would be over $100 million however our source suggested that the figure… Read More

  • WeChat users in China can now gift friends a Starbucks coffee via chat

    WeChat users in China can now gift friends a Starbucks coffee via chat

    Starbucks is furthering its push into China after it consummated its partnership with Tencent to introduce coffee gifting via WeChat, China’s top messaging app. WeChat, which recently revealed it has 768 million daily users, has evolved from being a basic chat app like WhatsApp into a platform that includes e-commerce, taxi-hailing, payments and more. Gifting is already hugely popular… Read More

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