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Archive for the ‘Ecommerce Articles’ Category

Showfields raises $9M for a more flexible approach to brick-and-mortar retail

Showfields, which helps online brands move into offline, brick-and-mortar retail, is announcing that it’s raised $9 million in seed funding. “Our thesis was simple: Make the process of becoming physical as easy as becoming digital,” co-founder and CEO Tal Zvi Nathanel told me. I’ve written about other companies, like Bulletin, promising a more flexible approach to ...

DoorDash raises $400M round, now valued at $7.1B

Delivery company DoorDash is announcing that it has raised $400 million in Series F financing. Earlier this month, The Wall Street Journal reported that the company was looking to raise $500 million at a valuation of $6 billion or more. In fact, DoorDash now says the funding came at a $7.1 billion valuation. The round ...

Walmart’s U.S. e-commerce sales up 43% in Q4, thanks to growing online grocery business

Walmart this morning posted strong holiday sales growth for its holiday quarter, with U.S. sales up 4.2 percent over the same time last year, and a 43 percent rise in Walmart’s U.S. e-commerce sales. The retailer topped analyst expectations, with $138.8 billion in revenue for the quarter, just ahead of the forecasted $138.76 billion; and ...

Amazon is reportedly merging its China import unit with NetEase

You’d be forgiven for not knowing Amazon has operated in China for more than a decade, but perhaps not for much longer. The company is reportedly in talks to merge its China-based import business with local peer Kaola, the cross-border shopping platform run by Chinese internet behemoth NetEase, Caijing reported (link in Chinese) on Tuesday. The deal, ...

Instagram’s fundraiser stickers could lure credit card numbers

Mark Zuckerberg recently revealed that commerce is a huge part of the 2019 roadmap for Facebook’s family of apps. But before people can easily buy things from Instagram etc, Facebook needs their credit card info on file. That’s a potentially lucrative side effect of Instagram’s plan to launch a Fundraiser sticker in 2019. Facebook’s own Donate ...

Amazon aims to make half of its shipments carbon neutral by 2030

Perhaps hoping to distract from Greenpeace’s latest report on its “***** cloud, Amazon this morning announced a new environmental commitment, focused on reducing its carbon footprint. The company says it aims to reach 50 percent of all Amazon shipments with net zero carbon by 2030. The company is calling this program “Shipment Zero.” Details on this ...

Daily Crunch: Amazon scraps HQ2 plans in NYC

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Did New York lose anything with Amazon’s rejection? It’s complicated. Amazon announced yesterday that it’s taking its ball and going home, ...

New York politicians slam Amazon as it drops HQ2 plan

Like the initial HQ2 plan, today’s news that Amazon will no longer be setting up shop in Queens has been met with a flood of mixed reactions. Business advocacy and real estate are decrying the retail giant’s decision to pack up and leave. I know I’ve been flooded with responses from various corners all afternoon. ...

Amazon could launch Amazon Go store in London

Amazon has secured some retail space in the heart of London, according to a report from The Grocer spotted by Reuters. This is significant, as Amazon has yet to open an Amazon Go store outside of the U.S. There are now 10 Amazon Go stores in the U.S. — four in Seattle, four in Chicago and ...

Amazon Moments lets developers reward customers with actual gifts, not just virtual ones

App and web developers are always trying to figure out better ways of keeping their users engaged on their platforms for longer. Today, Amazon is launching a service that it hopes those developers will use to do just that. Amazon Moments — as it is called — will let developers create actions — “moments” — ...