Tag: eCommerce

Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America

Merqueo, which operates a full-stack, on-demand delivery service in Latin America, has landed $50 million in a Series C round of funding. IDC Ventures, Digital Bridge and IDB Invest co-led the round, which also included participation from MGM Innova Group, Celtic House Venture Partners, Palm Drive Capital and previous shareholders.…

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Shopify allows merchants to sell NFTs directly through their storefronts

Shopify has made it possible for eligible sellers to sell NFTs (non-fungible tokens) via its platform, which opens up a whole new world for e-commerce merchants. On Monday, the NBA’s Chicago Bulls launched its first-ever NFTs –– including digital artwork of NBA championship rings –– by launching an online store…

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Sproutl is an online marketplace for gardeners founded by former Farfetch executives

Meet Sproutl, a marketplace for gardeners living in the U.K. The startup founded by former Farfetch executives has raised a $9 million seed round. It wants to make gardening more accessible by providing a curated list of items, relevant advice as well as inspiration. Index Ventures is leading the round…

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

Rui Ma Contributor More posts by this contributor Factories Aren’t Dying To Take Your Order And Other Hardware Startup Follies Working With A Chinese Factory, Hardware Entrepreneur Edition China’s e-commerce and industrial ecosystem is as different from the Western world as its culture. The country took decades to earn its…

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Sendlane raises $20M to convert shoppers into loyal customers

Sendlane, a San Diego-based multichannel marketing automation platform, announced Thursday it raised $20 million in Series A funding. Five Elms Capital, Blueprint Equity and others invested in the round to give Sendlane total funding of $23 million since the company was founded in 2018. Though the company officially started three…

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Valoreo raises $30M more to acquire e-commerce brands across LatAm

Just over five months after securing $50 million in debt & equity, Valoreo has closed on a $30 million Series A funding round. Mexico City-based Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to…

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