Tag: eCommerce
The best investment every digital brand can make during the COVID-19 pandemic
Steve Tan Contributor Steve Tan is a Singapore-based serial entrepreneur and full-stack digital marketer with over 14 years of hands-on experience who is also the CEO and founder of Super Tan Brothers Pte. Ltd, which operates e-commerce, software, logistics, marketing, educational and investment companies around the globe. Intuitively, stores that…
Read More
Amazon expands use of SNAP benefits for online grocery to 11 more states
Amazon customers in nearly a dozen more U.S. states are now able to use their SNAP (Supplemental Nutrition Assistance Program) benefits to purchase groceries online, the retailer announced on Thursday. The news represents a significant expansion of a United States Department of Agriculture (USDA) pilot program introduced in 2019 that aimed to…
Read More
How Grab adapted after COVID-19 hit its ride-hailing business
The COVID-19 pandemic is taking a heavy toll on ride-hailing services, like Uber and Lyft. Grab, Southeast Asia’s largest ride-hailing company, has also been impacted, but the company has adapted by quickly transitioning many of its ride-hailing drivers to its on-demand delivery verticals and expanding services needed by customers during…
Read More
Cookware startup Caraway raises $5.3M as it eyes new product categories
Caraway, a direct-to-consumer startup selling ceramic pots and pans, is announcing that it has raised $5.3 million in seed funding. Founder and CEO Jordan Nathan (previously a brand manager at e-commerce holding company Mohawk Group) told me that he became interested in cookware after burning a Teflon pan and learned…
Read More
EQT acquires freemium graphics and stock photo marketplace, Freepik
Freepik, a Malaga-Spain based website which offers a curated freemium marketplace of vector graphics and stock photos fed by a community of contributing designers and photographers, is being acquired by investment and private equity firm EQT. The EQT Mid Market Europe fund has entered into an agreement to acquire a…
Read More
Otrium raises $26 million to sell end-of-season fashion items
Otrium has raised a $26 million Series B funding round (€24 million) with Eight Roads Ventures leading the round. Existing investors Index Ventures and Hans Veldhuizen also participated. Otrium works with clothing brands to help them sell items when they reach the end-of-season status. Due to fast fashion, you have…
Read More