E-Commerce

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Amazon is launching a new discount marketplace to compete with Temu; direct shipping from China

Daniel Levi Posted On July 3, 2024

Amazon is gearing up to launch a new shopping section designed to directly compete with emerging e-commerce giants Temu and Shein, according to a report from The Information. This new section, or possibly an app, will offer a range of […]

1.8K Views

E-Commerce / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Pear Commerce secures $10M in funding to deliver omnichannel shopping experience across platforms and devices

Nickie Louise Posted On June 27, 2024

For years, online retailers have frequently overlooked the consumer experience. The fragmented customer journey has resulted in an inconsistent customer experience leading to frustration and inefficiency. However, modern consumers now expect a seamless shopping experience across all channels including platforms […]

1.9K Views

E-Commerce / Featured / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Amazon fined $7.8 million by Poland’s consumer watchdog for misleading customers

Nickie Louise Posted On March 27, 2024

In a significant blow to e-commerce giant Amazon, Polish consumer watchdog UOKiK has slapped a hefty fine of 31 million zlotys (approximately $7.8 million) on the company. The fine comes as a consequence of alleged misleading practices regarding product availability […]

426 Views

E-Commerce / Featured / IPO / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Alibaba to acquire remaining stake in Cainiao for up to $3.75 billion; shelves IPO plan

Nickie Louise Posted On March 26, 2024

In a surprising move, Chinese e-commerce behemoth Alibaba Group Holding has called off its plans for an initial public offering (IPO) of its logistics arm, Cainiao Smart Logistics Network. Instead, the company is opting to acquire the remaining 36% stake […]

396 Views

Acquisition / E-Commerce / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Walmart acquires TV maker Vizio for $2.3 billion to boost its ad business

Nickie Louise Posted On February 20, 2024

Walmart said on Tuesday that it has agreed to acquire TV manufacturer Vizio for $2.3 billion in a strategic move aimed at boosting its lucrative advertising business. As part of the deal, Walmart will acquire Vizio at $11.50 per share, […]

320 Views

Acquisition / E-Commerce / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Food delivery startup Delivery Hero sells stake in rival Deliveroo, but pays the price in market value

Nickie Louise Posted On January 30, 2024

German food delivery giant Delivery Hero on Monday ditched rival Deliveroo but now paying the price in market value. Shares of Delivery Hero took a nosedive to an all-time low on Tuesday following its decision to offload its minority stake […]

636 Views

E-Commerce / Featured / FoodTech / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

E-commerce startup Zubale raises $25M in funding to fuel expansion in Brazil and Mexico

Nickie Louise Posted On November 30, 2023

Zubale, an emerging e-commerce startup, has raised $25 million in funding to drive its expansion efforts in Brazil and Mexico. The latest investment, which follows last year’s $40 million Series A round, was backed by QED Investors and NFX. Zubale […]

1.0K Views

E-Commerce / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Shopify invests in wholesale platform Faire, valuing the e-commerce startup at $12.59 billion

Nickie Louise Posted On September 27, 2023

Shopify announced today that it’s making a strategic investment in wholesale platform Faire. The move comes as the e-commerce giant seeks to offer more Business-to-Business (B2B) tools to its merchants. The financial details of the transaction, including the investment amount […]

870 Views

Acquisition / E-Commerce / Featured / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Walmart pays $1.4 billion to buy out Tiger Global’s stake in Indian e-commerce startup Flipkart

Nickie Louise Posted On July 31, 2023

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s remaining stake in its Indian e-commerce startup Flipkart. In addition, the retail giant also acquired private equity firm Accel’s remaining 1% stake in the company, according to multiple […]

476 Views

E-Commerce / Featured / Launch / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Low-cost eCommerce startup Temu expands to Japan following a successful launch in Europe

Nickie Louise Posted On July 6, 2023

Back in April, we wrote about Temu after the ultra-low-cost e-commerce platform startup owned by Pinduoduo made its debut in Europe following a successful U.S. launch. The move was part of Temu’s push to make inroads into the overseas market […]

718 Views

E-Commerce / Featured / Layoff / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Latin America unicorn startup Merama lays off nearly 10% of its workforce to refocus on strategy

Nickie Louise Posted On June 30, 2023

Merama, a Latin America-based e-commerce startup that achieved unicorn status within just a year in business, has laid off nearly 10% of its staff, according to an exclusive report from Reuters, citing a statement from the company CEO Sujay Tyle. […]

698 Views

E-Commerce / Startups / Tech Startup News / Tech Startups / Technology News

From Shopify to global enterprise: The 5 biggest companies that began as a Shopify dropshipping store

Nickie Louise Posted On May 19, 2023

In today’s world, the opportunities to embark on a path of entrepreneurial success are boundless. When it comes to lucrative ventures, e-commerce, and drop shipping reign supreme, thanks to the remarkable growth of platforms like Shopify. These websites have revolutionized the […]

604 Views