Tag: eCommerce
Danggeun Market, the South Korean secondhand marketplace app, raises $33 million Series C
Danggeun Market, the startup behind Karrot, South Korea’s largest neighborhood marketplace and networking app, announced today that that it has raised a $33 million Series C. The round was led by Goodwater Capital and Altos Ventures. The funding brings Danggeun Market’s total raised so far to $40.5 million. Its list…
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India’s richest man built a telecom operator everyone wants a piece of
Reliance Jio Platforms secured $10.3 billion in recent weeks from Facebook and others Manish Singh 7 hours As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms. The major deals for…
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Partners at B2B European VC henQ discuss remote work’s biggest advantages
HenQ, an Amsterdam-based VC that invests in European B2B software startups typically at seed and Series A, recently disclosed the first close of its fourth fund at €70 million. The final close is expected to top out at between €75-€85 million later this year, and the firm has already begun…
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Pinterest adds a ‘Shop’ tab to its Lens Camera search results to showcase matching in-stock products
As more retailers are bringing their products online via Pinterest, the company this morning is launching a new “Shop” tab in its Lens camera search results that will show the matching in-stock merchandise similar to a photo you take of something offline in the real world or even uploaded as…
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India rejects Walmart-owned Flipkart’s proposed foray into food retail business
The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns majority of the Indian e-commerce firm and which recently counted its business in Asia’s third-largest economy as one of the worst impacted by the global coronavirus pandemic. The Department for…
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4 views on the future of retail and the shopping experience
The global spread of COVID-19 and resulting orders to shelter in place have hit retailers hard. As the pandemic drags on, temporary halts are becoming permanent closures, whether it’s the coffee shop next door, an historic bar, or a well-known lifestyle brand. But while the present is largely bleak, preparing…
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