Category: eCommerce
Pinterest adds new ‘Shop’ tabs connected to in-stock inventory, style guides and more
Given the rise in online shopping attributed to the coronavirus outbreak which has forced consumers to stay home from stores, Pinterest today is launching a new way to shop on its platform. Now, Pinterest users will be able to browse in-stock inventory from newly added “Shop” tabs on Search and…
Read More
Bringg nabs $30M to expand its delivery logistics platform used by Walmart and others
Over the last several years, delivery services have become a key component of how retailers, or anyone selling or distributing products and services, do business. Now, with a global health pandemic in full swing keeping people indoors (and away from physical storefronts), delivery has become an essential must-have if you…
Read More
Korean grocery startup Kurly raises $150M
Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be heading to an acquisition. Sequoia Capital, Hillhouse Capital and Digital Sky Technologies invested in the Korean startup’s Series E financing round,…
Read More
COVID-19 crisis spurs triple-digit growth for refurbishing startup Back Market
Eva Yoo Contributor Eva Yoo is founder of Seek Road, the project wherein she cycles from Seoul to London while interviewing startups on the Silk Road. More posts by this contributor How this Kazakhstan internet giant built success on ideas from Russia and China While a number of startups have…
Read More
In the wake of COVID-19, UK puts up £20M in grants to develop resilient tech for critical industries
Most of the world — despite the canaries in the coal mine — was unprepared to cope with the coronavirus outbreak that’s now besieging us. Now, work is starting to get underway both to help manage what is going on now and better prepare us in the future. In the latest…
Read More
China’s Pinduoduo raises $1.1 billion in private share placement
Chinese e-commerce firm Pinduoduo said on Tuesday it had raised $1.1 billion in a private share placement that will enable its further expansion and allow it to capture “additional opportunities” during the times of uncertainty. The Nasdaq-listed firm said some of its long-term investors financed the deal. The investors were…
Read More