Tag: eCommerce
Spain’s All Iron Ventures closes €66.5M first fund
Spain’s All Iron Ventures (AIV), an investor in b2c marketplaces and ecommerce plays, has closed its first fund with commitments totalling €66.5 million (~$79M) — which it touts as one of the largest first fund raises in the country. Capital committed to the fund by its parent Group’s founding partners…
Read More
Delivery startup goPuff acquires BevMo for $350M
GoPuff is making a big acquisition less than a month after it announced a $380 million round that valued the Philadelphia-headquartered delivery startup at $3.9 billion. Bloomberg’s Katie Roof reported today that goPuff was in talks to buy alcoholic beverage chain BevMo, and goPuff just put out a press release confirming that…
Read More
Walmart’s Sam’s Club launches curbside pickup nationwide
Walmart’s online grocery business has been a significant contributor to its growing e-commerce sales, particularly now amid the coronavirus pandemic. Now the retailer is expanding access to curbside pickup at its warehouse club chain, Sam’s Club. Today, Sam’s Club announced the nationwide launch of curbside pickup, bringing the service to…
Read More
3M files suit over third-party price gouging of N95 masks on Amazon
Amazon has promised vigilance against third-party price gouging since COVID-19 achieved global pandemic status. The company’s efforts have had mixed success, however, due in part to the sheer volume of vendors that utilize the company’s massive commerce platform. In a suit filed in California this week, 3M claims the seller…
Read More
Walmart’s Flipkart rolls out voice assistant to make shopping easier
Flipkart is rolling out a voice assistant feature to its platform to make it easier for consumers to shop as the Walmart-owned e-commerce giant looks to expand its reach in the nation. The AI-powered voice assistant currently supports grocery category, called Supermart, but a company spokesperson told TechCrunch that Flipkart…
Read More
Daily Crunch: E-commerce sales surge
eMarketer tries to quantify the rise of e-commerce, Reddit’s co-founder steps down from the board and SpaceX focuses on its next-generation spacecraft. Here’s your Daily Crunch for June 8, 2020. 1. US e-commerce sales to jump 18% in 2020, but not enough to offset retail’s decline U.S. e-commerce sales will…
Read More