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Posts Tagged ‘e-commerce’

GoTrendier raises $3.5 million to take on Spanish-language fashion marketplaces

Thanks to environmentally conscious young buyers, throwaway culture is dying not only in the U.S., but also in Latin America — and startups are poised to jump in with services to help people recycle used clothing. GoTrendier, a peer-to-peer fashion marketplace operative in Mexico and Colombia, has raised $3.5 million USD to do just that. ...

Alibaba takes an 8% stake in Tencent-backed anime streaming site Bilibili

Ecommerce giant Alibaba is continuing its push into the world of youth culture after it scooped up an 8 percent stake in anime streaming and game publishing company Bilibili. According to a securities filing on Thursday, Alibaba’s Taobao marketplace has acquired about 24 million shares in Bilibili, the Shanghai-based firm that has captured 93 million monthly users ...

PayPal shutters Malaysia office as part of customer service reorg

Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The office, located in capital city Kuala Lumpur, was home to a team of customer service agents that catered to PayPal users across Asian region and beyond. Now, its responsibility will be assumed by other offices, ...

Rapyd nabs $40M led by Stripe and GC for ‘fintech as a service’, a single API for payments, money transfer and more

As ever more transactions move on to digital platforms, a startup that is building a swiss army knife of financial services — from payments to currency transfers, ID verifications and card issuing — for companies to use by way of a single API — is announcing funding. Rapyd, a “fintech as a service” startup akin to ...

It isn’t just apps. China’s cinemas broke records during Lunar New Year

China celebrated Lunar New Year last week as hundreds of millions of people travelled to their hometowns. While many had longed to see their separated loved ones, others dreaded the weeklong holiday as relatives awkwardly caught up with them with questions like: “Why are you not married? How much do you earn?” Luckily, there are ...

Investors are pouring money into Latin America’s logistics and shipping businesses

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks ...

Amazon is bringing its delivery Lockers to Coachella

Amazon Lockers are coming to a new location: Coachella. The retailer says it will make its storage lockers available to festival-goers, allowing them to order both in advance and same-day to have items like sunscreen, hats, phone chargers and more delivered to an on-site locker at the event at no extra charge during the festival ...

E-commerce startup Zilingo raises $226M to digitize Asia’s fashion supply chain

If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s fashion supply chain. This new round takes Zilingo to $308 million from investors since its ...

Luxury handbag marketplace Rebag raises $25M to expand to 30 more stores

Rebag, an online resale marketplace for luxury handbags, is getting another infusion of capital as it prepares to expand its offline retail operations. The company this week announced $25 million in Series C funding, in a round led by private equity firm Novator, with participation from existing investors, General Catalyst and FJ Labs. The round brings Rebag’s ...

Apple tells app developers to disclose or remove screen recording code

Apple is telling app developers to remove or properly disclose their use of analytics code that allows them to record how a user interacts with their iPhone apps — or face removal from the company’s app store, TechCrunch can confirm. In an email, an Apple spokesperson said: “Protecting user privacy is paramount in the Apple ecosystem. Our ...