Co-founders Roberto Arroyo and his brother, Nicolas Arroyo, bootstrapped the company for almost four years and reached profitability while expanding into Chile, Guatemala and Argentina.
eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. Adevinta had origina
New York-based peer-to-peer fashion rental marketplace Pickle, which lets users earn passive income from their closets, is readying an expansion with the close of an $8 million seed round. The company
eBay is rolling out a new AI tool for marketplace sellers that can generate a product listing from a single photo. Available in the eBay app for iOS to start, with the Android app to follow in the com
During the pandemic, almost all retailers in Asia established an e-commerce presence and adopted digital payments. But one thing that didn’t change was sourcing, say the founders of cross-border mar
The platform offers tools and infrastructure so that visual artists can be discovered and sell their art.
Meet Pollen, a new French startup that wants to provide a better way to learn new skills. Instead of working with full-time teachers, Pollen invites business executives and top performers in the tech
U.S. and international law enforcement agencies have seized Genesis Market, a notorious hacker marketplace used to acquire compromised credentials and digital browser fingerprints. The FBI announced t
Effy is at a crossroads. The energy renovation company based in France is doing well, but it is addressing a market that is much bigger than anticipated. That’s why it is making a bet. The company j
Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that
Move over, software. Prompts may well be the new oil. Writing the text strings that instruct AI systems like ChatGPT and DALL-E 2 to generate essays, articles, images and more has become a veritable p
Meet Wikifarmer, an agriculture-focused startup based in Athens that has an interesting two-sided strategy. On the one hand, Wikifarmer is a source of knowledge with high-quality content translated in
DoorDash has confirmed that it has teamed up with Facebook Marketplace to make that awkward exchange of items with a stranger a bit easier. The company said DoorDash Drive, its business-to-business se
Chicago-based Groupon today laid off more than 500 of its employees — 15% of its 3,416-person headcount — according to posts from former employees on social media. The reduction impacted w
Figuring out the right text prompts to yield the best results with AI systems like OpenAI’s DALL-E 2 has become a science in its own right. Now a startup is looking to let “prompt engineer
For many marketplaces, those search, recommendation and ad functions are typically siloed, but Promoted has them all under one umbrella.
Over the past year, marketplace customers jumped from 300 to 7,000, while gross merchandise volume grew 1,000%.
Today, we're taking a close look at the pitch deck that helped BoxedUp founder David Boone raise the company's first round of institutional capital.
The pandemic has majorly affected the global supply chain, with 60% of U.S. adults in an August 2021 Gallup survey saying that they’ve been unable to get a product they wanted in the past two mo
Clipboard Health, an app-based marketplace that matches nurses with open shifts at nearby healthcare facilities, today announced that it raised $80 million over two unannounced rounds, a $50 million S