e-commerce

Prime Day boosted other large retailers’ sales by 54%, says report

Amazon’s Prime Day again broke records this year, but the sales holiday also boosted sales across the broader U.S. e-commerce industry. According to Adobe Analytics data released this morning,

Amazon’s Prime Day again became the biggest sales day in its history

Prime Day has once again broken records. Despite serious glitches at its start, Amazon announced this morning that Prime Day 2018 grew to become the biggest shopping event in its history, beating out

Kik launches beta product after $100 million ICO

Kik made waves last year after a successful $100 million ICO. Now the company has released its first beta product related to its Kin token. Called Kinit, it’s a simple wallet that enables users

Amazon Prime Day U.S. sales bigger than last year, despite site issues

Despite the massive glitches that prevented online shoppers from being able to browse and buy from Amazon’s Prime Day sale yesterday, the retailer is this morning claiming its Prime Day sales in

Amazon puts its own devices on sale early for Prime Day

Amazon is kicking off today’s Prime Day a bit early. Although its annual sale technically begins at 12 PM PT / 3 PM ET this afternoon, it put its own devices on sale 12 hours early. The company

MallforAfrica and DHL launch MarketPlace Africa global e-commerce site

MallforAfrica and DHL are giving African merchants a global stage. This week the online retailer and delivery giant launch MarketPlaceAfrica.com: an e-commerce site for select African artisans to se

Japanese startup Paidy raises $55M Series C to let people shop online without a credit card

Paidy, a fintech startup that enables Japanese consumers to shop online without using a credit card, announced today that it has raised a $55 million Series C. The round was led by Japanese trade cong

Aspire Capital offers fast finance for SMEs in Southeast Asia

Southeast Asia’s digital economy is tipped to grow more than six-fold to reach more than $200 billion per year, according to a report co-authored by Google, with e-commerce accounting for the do

Amazon launches a last-mile delivery program powered by entrepreneurs

Amazon has gotten flack in the past for some of the challenges its crowdsourced “last-mile” delivery drivers face, but now it’s offering those with entrepreneurial ambitions the opti

RetailMeNot sues rival Honey over patent infringement

RetailMeNot is suing rival Honey over patent infringement, the company announced this week. Honey is the maker of a deal-finding browser extension that helps consumers shopping online get the best pr

Amazon will finish its nationwide rollout of Prime member discounts for Whole Foods this week

By the middle of this week, all Amazon Prime members will have access to discounts at Whole Foods Market stores across the U.S. — finishing a nationwide rollout that’s part of the retailer

States will be able to charge sales tax on online purchases thanks to the Supreme Court

In a five-to-four decision issued today, the Supreme Court ruled that states can make online businesses collect sales taxes — even if they don’t have a physical presence in that state. Tod

Amazon Prime Wardrobe officially launches to all U.S. Prime members

Prime Wardrobe, Amazon’s “try before you buy” shopping service first announced last summer, is officially out of beta and open to all Prime members in the U.S. as of today. The service has

Korean beauty startup Memebox relaunches its U.S. e-commerce platform and signs Sephora deal

Beauty startup Memebox is relaunching its United States e-commerce business, about one year after putting it on hold to focus on building a review and community platform. Beginning today, the company

Deliveroo fattens its market presence by opening to restaurants that do deliveries

Restaurant food delivery startup Deliveroo is taking the next logical step to expand its business by opening up to restaurants that have their own delivery fleets — thereby also expanding the fo

Dixons Carphone discloses data breach affecting 5.9M payment cards, 105k of which were compromised

European electronics and telecoms retailer Dixons Carphone has revealed a hack of its systems in which the intruder/s attempted to compromise 5.9 million payment cards. In a statement put out today i

Naspers is in talks to invest in Southeast Asia’s Carousell

Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of d

CapitalG leads $21.5M investment in Aye Finance, its first fintech deal in India

India is a major part of Google’s global focus. The company launched a new product in India last week as its program to bring free WiFi to the public registered its 400th railway station. Now,

Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous

Target expands its Shipt and Drive Up services across the Midwest and Southeast

Target this morning announced it’s expanding its same-day shipping and pickup services, Drive Up and Shipt, across the Midwestern U.S. and the Southeast. The expansion will bring Shipt, its Inst
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