eCommerce

  • Spain’s sunglasses startup Hawkers nabs $56M to take on the Ray-Bans of the world

    Spain’s sunglasses startup Hawkers nabs $56M to take on the Ray-Bans of the world

    The world of sunglasses may be long in the cool stakes but has up to now been somewhat short on innovation. Now, the winds of technology are shifting those sands. You may have heard already about Snap (née Snapchat) turning the not-so-humble pair of 80s-style retro shades into a device for recording and posting videos on Snapchat. Now, at the other end of the spectrum, a startup out… Read More

  • Stripe payments exits beta in Japan, adds Sumitomo Mitsui Card Company as investor

    Stripe payments exits beta in Japan, adds Sumitomo Mitsui Card Company as investor

    Stripe, the company that lets app publishers, online merchants and other digital businesses include payments features via a few lines of code, is expanding in Asia. After launching in Singapore two weeks ago, the startup is now officially opening for business in Japan. And alongside the Japan launch, Stripe is announcing a new investor. Sumitomo Mitsui Card Company, the largest credit… Read More

  • Amazon bans incentivized reviews tied to free or discounted products

    Amazon bans incentivized reviews tied to free or discounted products

    Amazon is making a significant change to its Community Guidelines, announced today, which will eliminate any incentivized reviews, except for those that emerge from within its own Amazon Vine program. This program allows Amazon – not the seller or vendor – to identify trusted reviewers, and has a number of controls in place in order to keep bias out of the review process. Amazon… Read More

  • Shopify acquires product design firm Boltmade to boost Shopify Plus

    Shopify acquires product design firm Boltmade to boost Shopify Plus

    Shopify has acquired Waterloo-based Boltmade, the company announced, bringing the digital consulting and product development firm in-house. The acquisition will add Boltmade’s 21-person team, which mostly consists of engineers and designers, to its operations in Waterloo, focusing on Shopify Plus. Shopify Plus is the e-commerce provider’s “white glove” offering… Read More

  • Honest Co. is reformulating its soaps after ingredients controversy

    Honest Co. is reformulating its soaps after ingredients controversy

    The consumer products startup founded by Jessica Alba, The Honest Co., on Friday told The Wall Street Journal that it plans to reformulate its dish soap, laundry detergent and other cleaners after an earlier controversy over their ingredients. The Honest Co. markets its products as gentler, healthier and more environmentally sustainable than those of mainstream brands in the U.S. However… Read More

  • Contractors are preparing to boycott Instacart over elimination of tips

    Contractors are preparing to boycott Instacart over elimination of tips

    Online grocery service Instacart is facing a boycott from shoppers who are unhappy about the company’s decision to eliminate tips in favor of raising guaranteed delivery rates. Although Instacart positioned the move as a way to smooth out the earnings curve for its shoppers, some of those affected by the change say it will instead reduce their incomes dramatically. In the case of top… Read More

  • Meal kit service Home Chef raises $40M

    Meal kit service Home Chef raises $40M

    Home Chef just announced that it’s raised a new $40 million round of funding. This Series B comes on top of the $10 million round that Home Chef raised earlier this year. It was led by L Catterton, the private equity firm formed by the recent merger of Catterton with the PE arm of luxury conglomerate LVMH. Founder and CEO Pat Vihtelic has argued that Home Chef differs from other… Read More

  • Dozr raises $1.9 million to become an Airbnb for bulldozers and excavators

    Dozr raises $1.9 million to become an Airbnb for bulldozers and excavators

    A startup called Dozr Inc. has raised CAN $2.5 million (or $1.9 million USD) in seed funding to help contractors rent heavy industrial equipment from other construction professionals who have it, but aren’t using it. Based in Kitchener, Ontario Dozr’s marketplace lets builders rent equipment, like excavators, skidsteers or one day drones and industrial robotics, either alone, or with… Read More

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