online retail
FTC orders online shop to pay $4M for hiding reviews below 4 stars
We all know online reviews must be taken with a grain of salt, but generally you’d like to think that a product with a 4.5-star average is better than one with a 3.5-star average. You might be w
Heyday raises $555M to buy up and scale more D2C brands in the Amazon marketplace universe
Consolidation to have better economies of scale is one of the biggest themes in the world of e-commerce, and today a player in the world of online retail is announcing a large round of funding to doub
Flippa raises $11M to match online asset and business buyers, sellers
Flippa uses a proprietary business valuation tool and algorithm to match online business owners to qualified buyers.
UK now expects compliance with children’s privacy design code
In the U.K., a 12-month grace period for compliance with a design code aimed at protecting children online expires today — meaning app makers offering digital services in the market which are &#
Chinese sellers on Amazon in hot demand by VCs and e-commerce roll-ups
Chinese merchants selling on Amazon are having a moment. The scruffy exporters are used to roaming about suburban factory areas and dealing with constant cash flow strain, but suddenly they find thems
TikTok is being used by vape sellers marketing to teens
TikTok has a vaping problem. Although a 2019 U.S. law made it illegal to sell or market e-cigarettes to anyone under the age of 21, TikTok videos featuring top brands of disposable e-cigarettes and va
Target sets sales record in Q2 as same-day services grow 273%
Following Walmart’s pandemic-fueled earnings beat posted on Tuesday, Target today also handily beat Wall Street expectations to deliver a record-setting quarter across a number of key metrics. T
DHL acquires stake in Link Commerce developed by MallforAfrica
DHL has acquired a minority stake in Link Commerce, a turn-key e-commerce company that grew out of MallforAfrica.com — a Nigerian digital-retail startup. Link Commerce offers a white-label solution
Walmart partners with fashion consignment marketplace thredUP
Walmart is continuing its foray into fashion e-commerce, announcing a strategic partnership with fashion resale marketplace thredUP to list a large number of items on Walmart’s digital storefront. W
Walmart is piloting a pricier 2-hour Express grocery delivery service
Record usage of grocery delivery services amid the COVID-19 pandemic has led to delayed orders, fewer open delivery windows and, on occasion, an inability to even book a delivery time slot. Walmart no
To fight fraud, Amazon now screens third-party sellers through video calls
Amazon is piloting a new system aimed at validating the identify of third-party sellers over video conferencing, the company announced on Sunday. The technology is a part of a series of seller-verific
Kenya’s Twiga Foods eyes West Africa after $30M raise led by Goldman
Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. The B2B food distribution company financed $6.25 million of the funding in debt and $23.75
Toys ‘R’ Us relaunches its website, where online sales are powered by Target
Toys “R” Us is back online, thanks to a new deal with Target. Tru Kids, the parent company that acquired the defunct toy chain following its bankruptcy, has announced the relaunch of the T
Report: Amazon Prime Day 2019 will push US e-commerce sales to over $2 billion
A report from Adobe’s analytics arm predicts Amazon’s Prime Day 2019 sales event, which began today, to have another sizable impact on the U.S. e-commerce market. The company expects a rev
Google Express becomes an all-new Google Shopping in big revamp
Google is giving its Shopping destination a revamp and introducing a universal cart across its platform of services, including Search, Shopping, Images and even YouTube. The search company announced t
Walmart announces next-day delivery on 200K+ items in select markets
This month, Amazon announced it’s investing $800 million in its warehouses and delivery infrastructure in order to double the speed of Prime shipping by reducing it to only one day. Now Walmart
Amazon’s one-two punch: How traditional retailers can fight back
The company’s vast power in e-commerce is only the initial, quick jab to an opponent’s face. Data-focused innovations in offline retail will be Amazon’s second, much heavier cross.
African e-commerce startup Jumia’s shares open at $14.50 in NYSE IPO
Pan-African e-commerce company Jumia listed on the New York Stock Exchange today, with shares beginning trading at $14.50 under ticker symbol JMIA. This comes four weeks after CEO Sacha Poignonnec c
China’s grocery delivery battle heats up with Meituan’s entry
Fast, affordable food delivery service has been life-changing for many working Chinese, but some still prefer to whip up their own meals. These people may not have the time to pick up fresh ingredient
African e-commerce startup Jumia files for IPO on NYSE
Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today, per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch. The valuation, share price and t