eCommerce
Deliveroo drags on the LSE at £3.31, down 15% on its £3.90 pricing; closes down 44% on debut at £2.87
Update: It seems that the market is volatile indeed. After pricing its shares at the lower end of the range, Deliveroo, trading as “ROO” on the London Stock Exchange, opened at 331 pence (
Otrium raises $120 million for its end-of-season fashion marketplace
Otrium has raised a $120 million round just a year after raising its $26 million Series B round. BOND and returning investor Index Ventures are leading the round. Existing investor Eight Roads Venture
Amazon acquires Indian retail startup Perpule
Amazon has acquired a startup in India that is helping offline stores go online, the e-commerce group’s latest attempt to make inroads in the world’s second most populous nation where brick and mo
Stockly lets e-commerce websites sell out-of-stock items from a shared inventory
Meet Stockly, a French startup that keeps the inventory of various e-commerce websites in sync. When you see an out-of-stock item on an e-commerce website, chances are you leave that website and try t
Slice is launching a point-of-sale system for pizzerias
Slice, the online ordering platform for independent pizzerias, announced two new offerings this morning — a point-of-sale system designed specifically for those businesses, as well as a rewards prog
Viewing Cazoo’s proposed SPAC debut through Carvana’s windshield
Can the market hold up the optimism that many SPAC-led debuts are implying in their pricing? I do not know. But there are a lot of wagers being made in the market today that are giving me pause.
Prosus classifieds group OLX shuts down Frontier Car Group’s Berlin office, OLX Autos to focus on LatAm and Asia
Cazoo is picking up significant capital today by teaming up with a SPAC in the U.S. at a $7 billion valuation, but another big used-car play is consolidating operations. TechCrunch has learned and con
Daily Crunch: Amazon makes PR push ahead of union vote
Amazon pushes back against unionization, WeWork eyes the SPAC route and there’s new spyware on Android. This is your Daily Crunch for March 26, 2021. The big story: Amazon makes PR push ahead of
Y Combinator-backed Vue Storefront aims to be the ‘glue’ for e-commerce
“Headless commerce” is a phrase that gets thrown around lot (I’ve typed it several times today already), but Vue Storefront CEO Patrick Friday has an especially vivid way of using
Headless commerce startup Swell raises $3.4M
While new headless commerce platforms are emerging all the time, Swell CEO Eric Ingram told me that it remains “really hard to do something new in e-commerce.” Specifically, he told me tha
Benitago Group raises $55M in combined debt and equity to buy and grow Amazon brands
Benitago Group, a startup looking to build a big portfolio of Amazon brands, is announcing that it has raised $55 million in new funding — most of it in the form of credit lines to fund acquisitions
Google backs one-year-old Indian startup DotPe in $27.5 million fundraise
Google’s latest investment in India is a startup that is helping businesses come online. One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A finan
Better Health raises $3.5M seed round to reinvent medical supply shopping through e-commerce
The home medical supply market in the U.S. is significant and growing, but the way that Americans go about getting much-needed medical supplies, particularly for those with chronic conditions, relies
Chord, a headless commerce startup led by former Glossier execs, raises $18M
Last year, former Glossier executives Henry Davis and Bryan Mahoney unveiled a new e-commerce startup called Arfa. Today, they’re announcing a new vision for the company, along with a new name,
‘Instant needs’ delivery startup goPuff raises $1.15B at an $8.9B valuation
Last fall, delivery startup goPuff made a big splash by raising $380 million in funding and acquiring West Coast beverage retailer BevMo shortly afterwards. Just a few months later, the Philadelphia-
Indian beauty e-commerce Purplle raises $45 million
Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in the world’s second-largest inter
Where is the e-commerce app ecosystem headed in 2021?
The closest match to the growing e-commerce stack is the marketing automation stack, making it worthwhile to compare and contrast the growth of these ecosystems and what drives consolidation.
Social shopping-focused Chums announces $3.5M raise ahead of YC Demo Day
With Y Combinator Demo Day kicking off tomorrow morning, startups in the current batch are hurrying to make a little news before they show off their recent growth to investors. The list includes Runwa
TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers
Amazon’s Prime Wardrobe has been a key way for the e-commerce giant to expand its reach selling clothing and other apparel: giving shoppers an easy way to try on several items, return what they
Nuvemshop, LatAm’s answer to Shopify, raises $90M in Accel-led Series D
The COVID-19 pandemic has led to people everywhere shopping more online, and Latin America is no exception. São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and