Top 2022 resources on marketplace

Best marketplace resource in 2022.
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• 14 Marketplaces to Buy and Sell Websites - Buyers and sellers of websites and other digital assets have plenty of marketplaces to facilitate transactions. Here's a rundown of 14 options ranging from full-service merger-and-acquisition providers to bare-bones listing services.
  Topics: business, websites, sell, valuation, marketplaces, million, sellers, marketplace, online, sale, businesses, buy, selling.
• 4 strategies for setting marketplace take rates - One of the most important things founders should remember is that maximizing the take rate of the platform is not the goal.
  Topics: higher, rate, lower, marketplace, strategies, founders, setting, rates, transaction, platform, value, techcrunch, transactions.
• 5 Often Overlooked Ways to Thrive on Walmart Marketplace - Learn how to grow your business by harnessing this emerging ecommerce platform to its fullest potential.
  Topics: overlooked, customers, images, thrive, ways, product, walmart, marketplace, shipping, sure, strict, pricing, products.
• 5 predictions for the future of e-commerce - The direct-to-consumer wave is a critical enabler for the e-commerce progress we expect to see over the next decade as we strive toward inevitable 50% penetration.
  Topics: retail, worldweve, value, predictions, merchants, future, rate, ecommerce, marketplace, techcrunch, online, infrastructure, penetration.
• 99 Counties taps regenerative agriculture trend for meat marketplace - The company is creating a marketplace connecting local, regenerative farms in the 99 counties of Iowa to consumers purchasing boxes of beef, pork and poultry.
  Topics: agriculture, techcrunch, food, trend, marketplace, regenerative, farms, company, local, farming, counties, meat, ebersol, taps.
• A Bright Future: SomewhereWarm Joins WooCommerce - Since 2011, extension developers SomewhereWarm have empowered thousands of store owners to do more with WooCommerce. Passionate advocates of WordPress and open-source software, they’re the team behind some of the most popular extensions available in the WooCommerce.com Marketplace today: Product Bundles, Composite Products, and Gift Cards.  Ten years on, we’re excited to announce that SomewhereWarm […]
  Topics: somewherewarm, excited, woocommercecom, support, marketplace, joins, team, terms, future, work, extensions, bright, woocommerce.
• Alibaba’s Southeast Asia arm Lazada hits 130M annual consumers - Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In 2016, it bought Lazada, which came out of the Rocket Internet empire, and has helped the Southeast Asia-focused marketplace compete. Lazada grew 80% to hit […]
  Topics: monthly, active, 130m, sea, chinese, million, marketplace, consumers, techcrunch, users, lazada, arm, asia, hits, annual, ecommerce, alibabas, southeast.
• Amazon says it will now compensate consumers for defective products sold on its marketplace - Amazon today is making a significant change to its returns policy, known as the A-to-Z guarantee, to address issues with defective products sold through Amazon’s marketplace of third-party sellers. In the past, Amazon directed consumers to the sellers in the case where a defective product caused property damage or personal injury. Now, Amazon says it […]
  Topics: products, techcrunch, defective, claims, claim, customers, sellers, marketplace, compensate, amazon, seller, consumers, sold.
• Ankorstore raises €82 million for expansion in Europe - Ankorstore, a wholesale marketplace from France, has raised 100 million dollars (82.4 million euros) in a Series B funding round. The online marketplace will use the money to further expand in Europe and grow its customer base. Just five months ago, Ankorstore raised about 25 million euros in a Series… Continue reading
  Topics: ankorstore, raises, million, marketplace, money, stores, expand, expansion, raised, funding, europe, round.
• Ankorstore reaches $2 billion valuation two years after launching its wholesale marketplace - French startup Ankorstore has raised a $283 million Series C funding round (€250 million). Founded in November 2019, it took Ankorstore around two years to reach a post-money valuation of $2 billion (€1.75 billion). The company operates a wholesale marketplace for independent retailers across Europe. Ankorstore lets independent brands sell their products to independent retailers. […]
  Topics: retailers, products, working, startup, billion, marketplace, wholesale, ankorstore, brands, items, launching, company, reaches, techcrunch, valuation.
• B2B marketplace TradeDepot acquires Green Lion to accelerate its growth in Ghana - TradeDepot, a B2B marketplace that connects micro-retailers with distributors and manufacturers of fast moving consumer goods (FMCGs), has acquired Green Lion, its competitor in Ghana, for an undisclosed amount, paving the way for its growth and the delivery of its services across the West African country. The acquisition involves a full take-over of Green Lion’s […]
  Topics: marketplace, rojas, growth, accelerate, retailers, series, techcrunch, tradedepot, lion, acquires, ghana, green, goods, b2b.
• B2B marketplace ZAX targets Latin America’s wholesale sector with $6M in fresh capital - ZAX's platform unites freight, delivery and payments tools to connect sellers and buyers in Brazil.
  Topics: fresh, targets, capital, marketplace, techcrunch, ballardie, platform, products, market, working, wholesale, using, latin, b2b, zax, buyers, sector.
• Back Market raises $335M for its refurbished device marketplace, now valued at $3.2B - French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. Today’s funding round values the startup — which says it now has 5 million customers globally — at $3.2 billion, the company said. It will be using the funding to […]
  Topics: sales, 335m, market, round, globally, refurbished, used, markets, techcrunch, marketplace, device, raises, funding, goods, 32b, valued.
• Behind the Scenes with Addify — a Growing Marketplace Developer - How do you go from one sale to $100K per month? Go in-depth with Addify about their process, strategies, and why they sell on the WooCommerce Marketplace.
  Topics: marketplace, really, development, scenes, growing, addify, developer, extensions, products, developers, good, support, product, develop, woocommerce.
• Berlin Brands Group raises $240M to buy and scale up third-party Amazon Marketplace brands - The race is on for companies building e-commerce empires by rolling up smaller, promising businesses that sell via Amazon and other marketplaces and growing by using some economies of scale to operate them as one. In the latest development, Berlin Brands Group has raised $240 million that it says it will be using to acquire […]
  Topics: group, data, scale, market, selling, buy, amazon, techcrunch, million, bbg, thrasio, brands, thirdparty, berlin, raises, marketplace, companies.
• Berlin’s Razor Group raises $400M to buy and scale Amazon Marketplace merchants - The market remains very hot for startups building e-commerce empires by consolidating independent third-party merchants that have gained traction on Amazon’s Marketplace, and in the latest development, Razor Group — a Berlin-based startup buying up promising Amazon sellers and scaling them into bigger, multichannel businesses — has closed financing of $400 million to scale its […]
  Topics: marketplace, businesses, buy, ahluwalia, scale, merchants, group, amazon, ecommerce, berlins, brands, business, razor, sellers, million, raises, techcrunch.
• BigCommerce customers can now sell on Walmart’s online marketplace - BigCommerce has partnered with Walmart to allow its customers to sell on the Bentonville, Arkansas-based retailer’s e-commerce marketplace, it announced this morning. Shares of Austin-based BigCommerce rose sharply in pre-market trading after the news, gaining around 10% before the bell. Walmart, best-known for in-person shopping, has proven an e-commerce success story in recent years. For […]
  Topics: growth, walmart, shopify, company, ecommerce, sell, online, customers, bigcommerce, techcrunch, walmarts, wish, marketplace, announced.
• BluePallet raises $5M to take its chemical industry marketplace global - BluePallet, an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International.  The startup also announced today that it has become the first industrial commerce platform to “officially” operate on Alibaba.com. This means that […]
  Topics: barrows, global, network, 5m, techcrunch, transactions, technology, marketplace, today, chemical, raises, transaction, bluepallet, industry.
• Brazilian digital auto marketplace InstaCarro revs up with $23M in funding - InstaCarro, a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. Notably, U.S.-based firms co-led the investment, including J Ventures, FJ Labs and Rise Capital. Spain’s All Iron Ventures and Big Sur also participated in the financing, among others. With the latest […]
  Topics: dealers, funding, team, 23m, revs, brazil, car, model, instacarro, techcrunch, brazilian, auto, cafici, pandemic, marketplace, company, digital, startup.
• Brazilian social commerce marketplace Facily quietly raises $366M in less than a year, now valued at $850M - Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year. Most recently, Facily closed on a $250 million Series D that was led by DX Ventures and Berlin-based Delivery Hero, with Citius as co-anchor investor. That investment values the startup at $850 […]
  Topics: social, facily, million, ecommerce, marketplace, brazilian, quietly, techcrunch, commerce, raises, series, capital, app, model, online, led, valued, company, 850m.
• Brighton-based MPB snaps up $69M to build out its used camera equipment marketplace - Used-goods marketplaces, an online staple since the beginning of the internet as we know it, have really come into their own during the COVID-19 pandemic: They’ve been a place for people clearing out their domestic spaces to list items that they have that are still in good shape, making some money in the process; and […]
  Topics: items, camera, partners, 69m, marketplace, techcrunch, equipment, million, platform, vitruvian, raised, brightonbased, way, used, world, mpb, build, snaps.
• Bzaar bags $4M to enable US retailers to source home, lifestyle products from India - Bzaar, a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India.
  Topics: goods, bzaar, enable, company, india, lifestyle, products, bags, 4m, buyers, verman, way, marketplace, small, trade, retailers, source, techcrunch.
• Cayena delivers inventory marketplace for food preparation businesses - Cayena is injecting technology into the Brazilian food procurement process for restaurants, bars, bakeries, hotels and dark kitchens that still much of their ordering with pen and paper.
  Topics: preparation, businesses, techcrunch, marketplace, million, food, capital, suppliers, inventory, delivers, shayo, latin, cayena, market, company, restaurants.
• ChannelEngine raises $50M for an operating system that helps retailers sell through marketplaces - Marketplaces are the order of the day when it comes to selling online, providing a one-stop shop for shoppers, and for retailers looking to target as many would-be buyers as possible, while also creating more economies of scale in areas fulfillment and delivery. Amazon has become the name synonymous with marketplace selling, but it’s far […]
  Topics: ecommerce, channelengine, sell, system, raises, operating, helps, global, marketplaces, techcrunch, help, brands, marketplace, retailers, selling, 50m.
• Clikalia clicks on $86M to expand its iBuyer marketplace across Europe and Latin America - Companies like Opendoor opened the door to a new way of buying and selling properties by inserting a strong middle player who could buy houses or apartments and redevelop them at scale, and then sell them to new homeowners at a profit. Now Clikalia, another player in the so-called iBuyer space, has raised €75 million […]
  Topics: million, techcrunch, sell, markets, clikalia, 86m, model, spain, moreno, marketplace, market, america, process, clicks, ibuyer, europe, expand, latin.
• Craving ‘wild’ foods? Foraged’s marketplace uncovers all that and more - The community marketplace for wild and specialty foods provides foragers with a place to sell food items they dig up.
  Topics: sell, hamrick, food, products, foraged, uncovers, craving, marketplace, foods, techcrunch, forageds, foragers, company, mushroom, specialty, wild.
• Decathlon UK shifts to marketplace model - Decathlon UK has opened its website to external vendors. The sports retailer invites new partners to join its marketplace, so customers get access to thousands of more sporting goods. It doesn’t come as a surprise that another retailer shifts to a marketplace model. According to Mirakl, which powered the new… Continue reading
  Topics: marketplace, thousands, twice, uk, shifts, wider, model, decathlon, retailer, strategy, whitepaper.
• DishDivvy serves up marketplace for on-demand, home-cooked food - Etsy was the inspiration for DishDivvy’s marketplace, which aims to reduce the additional overhead costs for its home cooks.
  Topics: marketplace, restaurant, dishdivvy, california, serves, cooks, homecooked, torosyan, team, techcrunch, food, cook, saw, added, ondemand, tools.
• Dutch 10XCrew acquires marketplace agency Vorwärts - Online marketing agency 10XCrew from the Netherlands has acquired Vorwärts, a German Amazon agency. Both companies are specialized in direct-to-consumer strategies and online marketplaces like Amazon and Bol.com. The acquisition of Vorwärts, which took place on January first, shows the international ambition of 10XCrew. As a marketplace agency, Vorwärts supports… Continue reading
  Topics: agency, support, acquires, strategies, marketplaces, expanding, acquisition, online, amazon, dutch, 10xcrew, marketplace, vorwärts.
• E-commerce marketplace The List checks off new funding, new app - The new app is an extension of The List's e-commerce marketplace, merging content, social networking and live commerce.
  Topics: skorski, retail, techcrunch, list, ecommerce, funding, social, commerce, checks, million, marketplace, world, app, global.
• Ecommerce Product Releases: April 3, 2022 - This installment of "Ecommerce Product Releases," our twice-monthly rundown of new services that could help merchants, includes live streaming, next-day delivery, subscription payments, and more.
  Topics: returns, storefronts, releases, ecommerce, product, expansion, platform, merchants, shopping, marketplace, technology, receive.
• Elevate Brands banks $250M to roll up third-party merchants selling on Amazon’s marketplace - The Amazon roll-up play — where one company creates economies of scale by buying up and consolidating multiple smaller third-party merchants that sell their goods via Amazon’s marketplace — continues to be a strong e-commerce trend, and in the latest development, one of the hopefuls in this space is announcing a major injection of capital […]
  Topics: techcrunch, roll, elevate, selling, sellers, million, amazon, marketplace, brands, merchants, banks, thirdparty, business, rollup, businesses, amazons, times.
• Embedded procurement will make every company its own marketplace - The embedded fintech movement has just begun, but there is already a sister concept percolating: embedded procurement, which will allow businesses to buy things they need through vertical B2B apps.
  Topics: procurement, software, marketplace, financial, services, fintech, vertical, fresha, turn, embedded, company, techcrunch, companies.
• Etsy acquires Elo7, known as the ‘Etsy of Brazil,’ for $217M - On the heels of Etsy’s huge deal to acquire Depop to open the door to more social selling, target younger users and deeply expand in Europe, the crafty marketplace has announced another significant deal to build out its reach, this time in Latin America. Etsy has announced that it will acquire Elo7 — commonly referred […]
  Topics: million, elo7, etsy, acquires, known, team, growth, 217m, depop, marketplace, world, ecommerce, techcrunch, brazil.
• Fashion wholesale marketplace JOOR opens China office - JOOR, an online marketplace that connects fashion brands and retailers around the world, has opened its first China office in downtown Shanghai as it eyes growth in the region. The 11-year-old New York-based company works as a virtual showroom for brands, which traditionally would meet with their retail partners in physical venues to showcase the […]
  Topics: brands, opens, techcrunch, retailers, volume, shanghai, world, office, china, partners, joor, fashion, wholesale, marketplace, company.
• Fast-growing livestream shopping platform Whatnot acquires Pastel Labs, hires VP of engineering - Livestream shopping platform Whatnot has come a long way from being run out of a garage in Phoenix to now a 120-person company, valued at $1.5 billion, that’s expected to grow to over 300 people by year-end as its business explodes. To aid on that front, Whatnot is making two key hires, one of which […]
  Topics: pastel, techcrunch, labs, hires, livestream, company, team, vp, growth, platform, chang, whatnot, lafontaine, shopping, marketplace, engineering, fastgrowing.
• Foody cooks up marketplace for culinary creators - Husband-and-wife co-founders Daniel and Brenna Stitzel have developed a way for foodies to monetize their culinary creations.
  Topics: ventures, share, techcrunch, creators, software, foody, monetize, cooks, serena, food, culinary, stitzel, including, marketplace, recipes.
• Fortnite Maker Pivots to the Creator Economy - In acquiring Bandcamp, Epic Games hopes to capitalize on the so-called creator economy, wherein writers, coaches, and others sell their services directly to consumers.
  Topics: games, pivots, fortnite, marketplace, businesses, attention, engagement, economy, maker, creator, bandcamp, epic, creators.
• Fresha raises $100M for its beauty and wellness booking platform and marketplace - Beauty and wellness businesses have come roaring back to life with the decline of COVID-19 restrictions, and a startup that’s built a platform that caters to the many needs of small enterprises in the industry today is announcing a big round of funding to grow with them. Fresha — a multipurpose commerce tool for independent […]
  Topics: fresha, 100m, businesses, customers, marketplace, free, payments, company, raises, wellness, platform, booking, software, services, techcrunch, beauty.
• Full Harvest targets food waste by finding homes for imperfect, surplus produce - Within the past two years, Full Harvest’s impact on keeping food out of landfills grew five times, prompting the company to seek out additional capital to keep the momentum going.
  Topics: imperfect, finding, homes, million, technology, marketplace, techcrunch, produce, waste, company, targets, food, moseley, harvest, capital, sustainable, surplus.
• Fullscript raises $240M to expand its B2B integrative medicine marketplace - The market for complementary and alternative medicine — a wide-ranging area that includes practice-based work like yoga as well as a huge range of supplements and everything in between — has been on a massive upswing , with the global industry valued at $82.3 billion in 2020 and growing at a fast clip in the […]
  Topics: 240m, supplements, expand, shopify, patients, medicine, company, marketplace, b2b, approaches, starting, treatments, integrative, practitioners, raises, fullscript, techcrunch.
• Get Ready for a Marketplace Bloodbath - As the retail industry continues its digital transformation, consumer brands and traditional retailers are churning out Amazon-like marketplaces that could lead to new battles over products and customers. Oriental Trading Company, Inc., a discount party-supply chain, recently announced that it would launch an online marketplace.
  Topics: datta, marketplaces, amazon, marketplace, products, brands, bloodbath, need, retail, trading, ready, selection.
• Heyday raises $555M to buy up and scale more D2C brands in the Amazon marketplace universe - Consolidation to have better economies of scale is one of the biggest themes in the world of e-commerce, and today a player in the world of online retail is announcing a large round of funding to double down on its approach to the concept. San Francisco-based Heyday — which buys up and then grows direct-to-consumer […]
  Topics: brands, million, d2c, heyday, round, scale, universe, marketplace, team, raised, group, merchants, techcrunch, raises, buy, rymarz, amazon.
• How Amazon's Domination Could Benefit Your Business - Learn about the benefits and key processes associated with becoming an Amazon Seller to ensure you make the right choice for your business.
  Topics: businesses, benefit, resources, amazons, sales, amazon, benefits, product, marketplace, platform, ecommerce, business, domination.
• How to Become a Shopify Expert (From Start to Finish) - You may have heard of the Shopify Experts marketplace and considered it as a way to make money selling your services. If that’s the case, it’s essential to understand the fundamentals of the marketplace and what it takes to become… Continue reading How to Become a Shopify Expert (From Start to Finish)
  Topics: start, services, store, shopify, partners, experts, clients, merchants, expert, business, marketplace, finish.
• How to Sell More with Walmart Marketplace: Your Guide to Success - Walmart has grown into a globally recognized brand and dramatically changed the retail landscape since opening its first store in…
  Topics: marketplace, sellers, success, customer, walmart, merchants, fulfillment, products, sell, bigcommerce, product, guide.
• How to Sell on Facebook Marketplace and Facebook Shops in 2022 - New to selling on Facebook? In this detailed guide, we’ll explain the steps, costs, and tips for selling your products in Facebook Marketplace and Facebook Shops. Updated for 2022. More
  Topics: shopify, youll, marketplace, sales, buy, youre, shops, sell, page, store, facebook.
• Indian e-commerce giant Flipkart to acquire an online pharmacy marketplace to foray into healthcare space - Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as the e-commerce battle intensifies in the world’s second-largest internet market. Flipkart said it has signed definitive agreements to acquire a majority stake in SastaSundar, but did not disclose the size of the deal. Eight-year-old SastaSundar was last valued at […]
  Topics: pharmacy, space, online, marketplace, indian, flipkart, india, sastasundar, valued, giant, techcrunch, foray, digital, million, healthcare, startup.
• Indonesia, an Overlooked Ecommerce Market - Indonesia has the fourth largest global population and a sizeable ecommerce economy. Yet Western merchants often overlook the opportunity to sell there.
  Topics: indonesia, market, popular, revenue, visits, southeast, marketplace, million, quarter, ecommerce, overlooked.
• Inventa poised to enter Mexico, Colombia with its supplier marketplace - Its technology connects retailers with suppliers for inventory discovery and also provides credit so retailers can flexibly pay suppliers.
  Topics: techcrunch, enter, marketplace, round, poised, mexico, supplier, salama, capital, suppliers, head, products, inventa, growth, retailers, colombia.
• Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A - A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three years. Much of this spending falls under the importation of products, primarily influenced by consumer demand and the positioning of major e-commerce platforms in Africa. Afrikrea, an Ivorian startup founded in […]
  Topics: anka, startup, afrikrea, 62m, sellers, marketplace, africa, platforms, company, ivorian, raises, round, techcrunch, channels, preseries, ecommerce.
• Jiji acquires Cars45 as it looks to build a future outside classifieds - Once heralded as disruptive marketplaces, classifieds are giving way to transactional marketplaces. Yet, some classifieds in the West like eBay have evolved with time, acquiring competition operating both models. In Africa, this occurrence is happening, in part at least, for the classifieds businesses that haven’t fizzled out. Jiji, one of the largest marketplaces for classifieds […]
  Topics: outside, jiji, acquires, looks, company, cars45, transactional, marketplace, olx, business, classifieds, africa, build, future, techcrunch, group.
• Kaufland officially enters the world of ecommerce - Next month, Kaufland will officially enter the world of ecommerce. For the first time, the German hypermarket chain will be visible as a new operator on the previous online marketplace of Real, the company it acquired in June last year. And in mid-April the marketplace will be completely integrated on… Continue reading
  Topics: stationary, worlds, officially, customers, kauflandde, online, ecommerce, enters, marketplace, world, schwarz, kaufland.
• Kenya’s MarketForce raises $2M, plans to focus on its B2B retail marketplace RejaReja - A 2016 study by global consultancy PwC states that an estimated 90% of sales in Africa’s major economies come through informal channels like markets and kiosks. In sub-Saharan Africa, 90% of these household retail transactions are carried out via a network of about 100 million MSMEs.  Africa’s retail payments, mostly cash-based, is expected to reach […]
  Topics: product, round, b2b, marketforce, plans, services, kenyas, payments, marketplace, africa, retail, distribution, focus, techcrunch, raises, rejareja, platform.
• Largest marketplace sellers account for 88% of GMV - Large marketplace sellers play an essential part on online platforms. They contributed 88 percent of marketplaces’ Gross Merchandise Value during the first quarter of this year. But small and medium-sized sellers are on the rise: they doubled their contribution in that same period and even tripled in the past year.… Continue reading
  Topics: largest, gmv, online, retailers, marketplace, marketplaces, seller, ecommerce, account, payment, thirdparty, sellers, whitepaper.
• Look for Linio to conquer the Home category - This marketplace celebrates nine years in Mexico and wants to become the expert in all household items; from furniture to robot vacuum cleaners.
  Topics: category, linio, marketplace, online, products, need, million, mexico, latin, look, america, payment, conquer.
• Loveseat gets comfy with new funding to expand its returned home goods marketplace - Husband-and-wife co-founders Chris and Jenny Stanchak started Loveseat back in 2013 as a vintage furniture business that they pivoted into an auction marketplace.
  Topics: returned, chris, stanchak, techcrunch, furniture, marketplace, returns, market, auction, gets, loveseat, inventory, expand, comfy, items, funding, goods.
• Manor launches online marketplace - Manor, a big department store chain from Switzerland, has launched its online marketplace. The platform was announced last year, was released in silent beta mode recently and is now officially live.    In August last year, Manor announced its plans for launching its own online marketplace. The idea behind the… Continue reading
  Topics: retail, marketplace, product, manor, online, swiss, partners, step, launches, brands, platform.
• Marketplace platform Mirakl raises $555 million at $3.5 billion valuation - French startup Mirakl has closed a new Series E funding round of $555 million. Following this round, the company is now valued at $3.5 billion. Mirakl helps you launch a marketplace on your online store for your end customers or for your B2B clients. It’s a software-as-a-service marketplace, meaning that Mirakl manages the marketplace for […]
  Topics: valuation, platform, techcrunch, round, team, million, billion, online, marketplace, thirdparty, youre, stores, raises, mirakl, funding, sellers.
• Marketplace startup Boulevard closes 2.5 million - British marketplace seller and tech startup Boulevard has raised 2.5 million euros in seed capital. The company, only having started their supply chain services last year, will use the funds to diversify and further develop their in-house software. The investment comes at a time when marketplaces continue to thrive in… Continue reading
  Topics: chain, wants, million, marketplaces, supply, tech, euros, marketplace, startup, boulevard, closes, online.
• Medical supply marketplace startup bttn. sews up additional $5M seed - Founders JT Garwood and Jack Miller started Bttn after seeing the challenges medical organizations had during the global pandemic to not only find supplies, but also get fair prices for them.
  Topics: million, supplies, round, startup, seed, techcrunch, medical, additional, 5m, garwood, fuse, marketplace, healthcare, supply, bttn, customers, sews.
• Meru.com takes in new capital toward its goal of being LatAm’s ‘Alibaba’ - Meru customers can select and purchase products in minutes with a guarantee from the company that they will receive those products and at the best market prices.
  Topics: company, goal, takes, techcrunch, alibaba, merucom, products, rodriguez, sourcing, working, supply, marketplace, meru, dao, latams, small, capital.
• Michael Mosser Explores New Ways to Win with Walmart Marketplace at Make it Big 2021 - Did you know that 89% of people in the US shopped at a Walmart store last year? At BigCommerce’s 2021…
  Topics: sellers, walmart, mosser, marketplace, big, omnichannel, trust, customer, ways, shopping, michael, explores, customers, things, win, brand.
• Mirakl raises 468 million euros in funding - The enterprise marketplace software as a service platform provider Mirakl, announced that it has raised 468 million euros in a Series E funding round. This increases the company’s value to more than 2,92 billion euros. The financing will be used to rapidly expand Mirakl further. Mirakl is a French marketplace… Continue reading
  Topics: million, mirakl, growth, funding, round, marketplace, enable, enterprise, platform, raises, euros.
• Monashees backs grain trading startup Tarken - Tarken connects grain buyers and sellers around more transparent pricing for commodities, starting with corn.
  Topics: techcrunch, trading, startup, help, negotiations, marketplace, backs, tarken, monashees, tool, market, sell, grain, tângari, price.
• My Mall: “the fastest growing marketplace in Sweden” - My Mall claims to be one of the fastest growing marketplaces in Sweden at the moment. Last month, sales increased by almost 1,200 percent, compared with the same month last year. And during the first half of 2021, it also showed a similar increase. My Mall is still not very… Continue reading
  Topics: marketplaces, growing, swedish, marketplace, online, sellers, company, fastest, sweden, sales, month, mall, ecommerce.
• Olsam raises $165M to buy up and scale consumer and B2B Amazon Marketplace sellers - On the heels of Heroes announcing a $200 million raise earlier today, to double down on buying and scaling third-party Amazon Marketplace sellers, another startup out of London aiming to do the same is announcing some significant funding of its own. Olsam, a roll-up play that is buying up both consumer and B2B merchants selling […]
  Topics: million, merchants, marketplace, techcrunch, selling, amazon, olsam, consumer, building, products, business, raises, scale, buy, b2b, sellers.
• Online marketplace Fruugo plans IPO - Fruugo, an online marketplace that’s originally from Finland, is said to be planning to launch an initial public offering (IPO). The UK-based ecommerce platform should go public as soon as this fall. Fruugo is one of many popular online marketplaces in Europe. It was founded in Finland in 2006, but… Continue reading
  Topics: fruugo, sky, public, marketplace, online, platform, ipo, transaction, ukbased, volumes, plans.
• Opontia gets $42M to buy more e-commerce brands in Eastern Europe, Middle East and Africa - E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCrunch that it has closed a subsequent round, a $42 million Series A nine months after it was founded. Roll-up plays are generally known […]
  Topics: founders, marketplace, biggest, buy, gets, techcrunch, ecommerce, debt, africa, brands, opontia, middle, europe, eastern, east.
• Pakistan’s B2B marketplace and digital ledger platform Bazaar raises $30 million - A one-year-old startup that is building a business-to-business marketplace for merchants in Pakistan and also helping them digitize their bookkeeping is the latest to secure a mega-round in the South Asian market. Bazaar said on Tuesday it has raised $30 million in a Series A round. The new financing round — the largest Series A […]
  Topics: ledger, market, digital, b2b, million, techcrunch, platform, marketplace, pakistan, bazaar, merchants, startup, product, investors, category, raises, capital, partners, pakistans.
• Pet video marketplace Camlist eyes UK growth after raising $1.3 million pre-seed funding - Camlist, a video marketplace for pets, has raised $1.3 million in a pre-seed round, funding that the startup plans to use to develop its platform and grow its workforce — as it looks to expand its reach in the UK, its second market (after the U.A.E.), which it entered earlier this year. Unlike other marketplaces, […]
  Topics: buyers, dubai, raising, video, experience, items, market, sellers, preseed, techcrunch, pet, funding, marketplace, uk, million, pets, camlist, growth.
• Porsche expands online marketplace to include US inventory of new cars - Porsche Cars North America has added its entire U.S. inventory of new cars to its online marketplace as the company seeks to keep up with customer demands and the industry's shift to digital commerce.
  Topics: shift, digital, search, cars, online, inventory, marketplace, vehicle, techcrunch, includes, expands, tool, dealership, porsche, include, customers.
• Promoted.ai takes in fresh capital to grow your marketplace - The company is answering the question of how you fairly come up with a way to share the attention between big and small sellers
  Topics: company, funding, promotedai, engineer, tool, promoted, techcrunch, fresh, yates, grow, manager, marketplace, team, capital, sellers, takes.
• Secret Sales raises 10 million euros to expand - Online fashion marketplace Secret Sales has secured 10 million euros in a Series A funding round. The UK company wants to use the money to improve data mining capabilities and to launch in other countries this year. The investment round was led by Perwyn Growth Capital and supported by Belerion… Continue reading
  Topics: euros, million, investment, expand, raises, marketplace, wants, sales, data, mining, secret, round, retail.
• ShopThing raises $10M to scale its live video shopping marketplace - ShopThing, a live shopping marketplace focused on luxury brands, has raised $10 million in Series A funding led by Origin Ventures, with participation from Pritzker Group and Interplay. The Toronto-based company aims to redesign the way people shop and sell through live video commerce via its iOS app.  Founded in 2018, ShopThing currently has 500,000 […]
  Topics: shoppers, marketplace, company, shopping, shopthing, scale, raises, 10m, techcrunch, video, currently, adhamiboynton, customers, stores, live, purchase.
• Shopify allows merchants to sell NFTs directly through their storefronts - The NBA’s Chicago Bulls launched its first-ever NFTs –– including digital artwork of NBA championship rings –– by launching an online store on Shopify.
  Topics: allows, buy, sell, directly, choose, fans, nfts, marketplace, nft, techcrunch, merchants, online, storefronts, shopify.
• Should Merchants Launch Their Own Marketplaces? - For manufacturers, distributors, and enterprise retailers, owning a marketplace could be a competitive advantage and a key to business growth.
  Topics: marketplace, customers, launch, customer, forno, business, example, marketplaces, merchants, products, sellers, nussenbaum.
• SnackMagic picks up $15M to expand from build-your-own snack boxes into a wider gifting marketplace - The office shut-down at the start of the COVID-19 pandemic last year spurred huge investment in digital transformation and a wave of tech companies helping with that, but there were some distinct losers in the shift, too — specifically those whose business models were predicated on serving the very offices that disappeared overnight. Today, one […]
  Topics: business, marketplace, company, working, products, different, snackmagic, picks, wider, techcrunch, platform, snack, gifting, items, companies, snacks, boxes, expand, buildyourown.
• 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 in the startup with Ada […]
  Topics: garden, ecommerce, startup, farfetch, videos, sproutl, online, gardeners, quite, techcrunch, marketplace, executives, uk, founded, gardening, round.
• The 4 Biggest Misconceptions About Selling On Amazon - Like it or not, it's the king of ecommerce. Here's how to win selling on Amazon.
  Topics: amazon, youll, biggest, search, advertising, brand, amazons, misconceptions, strategy, selling, sales, marketplace.
• The Main Tab revamps luxury goods marketplace after picking up $1M in pre-seed funding - The company is launching a new website and app this fall with about 200 luxury retailers.
  Topics: retailers, preseed, goods, retail, brands, luxury, shelegu, picking, revamps, tab, website, techcrunch, main, company, sales, inventory, reps, marketplace, funding.
• The future of ecommerce: From marketplace seller to the exit of your company - Electronic commerce in Mexico reached 316,000 million pesos in 2020. Are you doing it right?
  Topics: entrepreneurs, order, future, seller, exit, continue, ecommerce, grow, companies, exponential, marketplace, digital, company, growth, stores.
• The network effect is anti-competitive - Social networks and online marketplace providers have become digital dictators with complete control over their territories.
  Topics: app, effect, service, techcrunch, social, resellers, digital, anticompetitive, marketplace, business, online, tech, control, network.
• Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation - Trendyol, an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 billion. General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round.  The deal marks SoftBank’s first in the country. The new financing […]
  Topics: valuation, turkish, 165b, billion, million, techcrunch, company, trendyol, 15b, turkeys, raises, ecommerce, online, decacorn, marketplace, market, turkey.
• UK marketplace Add to Cart wants to take on the big boys - Add to Cart is a new ecommerce marketplace from the United Kingdom. It wants to compete with other online marketplaces by focusing primarily on supporting small scale businesses. The marketplace works alongside sellers’ existing sales platforms. Add to Cart was founded by Tej Randeva, a British entrepreneur who is also… Continue reading
  Topics: small, sellers, ecommerce, businesses, dont, add, uk, marketplace, wants, big, online, cart, boys.
• UK-based Heroes raises $200M to buy up more Amazon merchants for its roll-up play - Heroes, one of the new wave of startups aiming to build big e-commerce businesses by buying up smaller third-party merchants on Amazon’s Marketplace, has raised another big round of funding to double down on that strategy. The London startup has picked up $200 million, money that it will mainly be using to snap up more […]
  Topics: funding, rollup, buy, techcrunch, marketplace, companies, thirdparty, raises, ukbased, merchants, million, tech, amazon, brands, ecommerce, 200m, heroes, play.
• UPS partners with Jumia to expand delivery network in Africa - Global logistics and package delivery company UPS will leverage Jumia’s network across Africa to grow its reach in the continent, following a new partnership announced today that gives it access to the e-commerce firm’s last-mile delivery infrastructure. This means that UPS customers can pick-up or drop-off packages for sending across the world at Jumia’s stations […]
  Topics: africa, partnership, delivery, expand, jumia, ecommerce, platform, network, marketplace, techcrunch, partners, ups, logistics.
• Unlock Retail Growth in Latin America: 6 Ways Mercado Libre Can Simplify Cross-Border Selling - By now, most merchants are aware of the exponential growth happening in retail e-commerce sales worldwide — data from Statista…
  Topics: libre, marketplace, sellers, ecommerce, america, mercado, selling, shipping, successfully, latin, sales.
• Upgrade gives hair stylists tools to market, sell custom wigs from one marketplace - Remember Mary J. Blige’s hair at the Super Bowl? That was via Upgrade.
  Topics: company, sell, marketplace, market, hair, business, winters, wigs, upgrade, tools, gives, stylist, techcrunch, stylists, women, working.
• Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B - The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its own in the last year of lockdown living as a popular and trusted way to buy and sell things. Now one of the larger players in that system — the clothes and home […]
  Topics: goods, billion, 303m, vinted, 45m, company, economy, clothes, sell, money, fashion, circular, 45b, marketplace, raises, techcrunch, used, valued.
• Walmart Expands Marketplace, Challenging Amazon - Walmart’s U.S. ecommerce sales in the last quarter of 2020 increased by 69 percent year-over-year while its total sales grew only 7.3 percent. The message is clear: future growth will depend on ecommerce.
  Topics: sellers, expands, fee, amazons, products, sales, merchants, amazon, delivery, challenging, marketplace, walmart.
• Walmart to sell its e-commerce technologies to other retailers - Walmart’s investments in software and retail technologies it used to transform its business from a brick-and-mortar to one that combines both in-person and online shopping will now be made available to other retailers for the first time, the company announced today. Through a strategic partnership with Adobe, Walmart will integrate access to Walmart’s Marketplace, as […]
  Topics: sell, partnership, retailers, ecommerce, pickup, walmarts, technologies, retail, techcrunch, marketplace, walmart, customers, adobe.
• Walmart’s Flipkart to cover insurance for all sellers in India and waive additional fees - Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and also providing them with insurance coverage as the top e-commerce platform in India looks to maintain cordial relationships with more than 300,000 sellers who are facing severe disruption amid an unprecedented rise in the spread of coronavirus infections in the South […]
  Topics: virus, techcrunch, nation, insurance, cover, sellers, india, walmarts, flipkart, fees, week, marketplace, indian, seller, additional, waive.
• What the Disruption of the Online Marketplace Means for Your Small Business - As commerce moves fully online, the business model offers even more benefits for savvy entrepreneurs.
  Topics: talent, marketplaces, businesses, means, business, remote, disruption, small, services, work, sellers, marketplace, offer, online.
• Where StockX fits in the business of sneakers - E-commerce startups and tech companies have sprouted up to target this connected cultural consumer, and StockX has had to run quickly to maintain its product and marketplace lead.
  Topics: marketplace, culture, hype, shop, platform, market, sneaker, stockx, business, techcrunch, sneakers, fits, instagram.
• Wonder Brands picks up $20M, aims to build marketplace of Latin American e-commerce brands - E-commerce roll-up companies are big in the United States, and Wonder Brands wants to be that for Latin America.
  Topics: companies, company, wonder, aims, malek, luna, revenue, brands, operations, techcrunch, build, amazon, american, marketplace, picks, ecommerce, latin, million.
• Yami bags $50M Series B to boost its online Asian marketplace - When Alex Zhou, founder and CEO of Yami, moved to the Midwest for college in 2007, he had limited access to Asian groceries and products. Zhou had to drive two hours to purchase his favorite Asian products at the nearest local Asian market. The experience inspired him to launch Yami, a direct-to-consumer marketplace for Asian […]
  Topics: bags, americans, products, boost, 50m, asian, b, data, marketplace, zhou, told, techcrunch, technology, yami, series, million, online.
• eBay will now authenticate trading cards worth $750 or more - Online marketplace eBay is once again expanding its authentication service, this time to include support for authenticating valuable trading cards. The service will now be able to authenticate cards worth at least $750 from collectible card games, as well as sports and other non-sports cards, the company said. By the middle of this year, this […]
  Topics: card, luxury, worth, marketplace, trading, authentication, techcrunch, sneaker, categories, authenticate, company, ebay, cards.
• eCommerce Marketplaces 101: How Can I Leverage Them? - Earlier this year Gartner boldly stated in their Predicts 2021 Report: COVID-19 Drives Accelerated Shift to Digital and Commerce Model Evolution that, “By 2023, 30% of enterprise marketplaces will transition into a majority third-party seller model for better profitability.” For many businesses, adding a third-party seller model to their Go-to-Market strategy was already a serious consideration, but it has become more top of mind due to the driving changes of COVID-19 on consumer buying behaviors. According to a consumer survey by emarketer, about half of all searches start on marketplaces. So whether you participate in a marketplace as the owner or simply as a partnering contributor, your business will benefit from more consumer impressions across your products and services, thus leading to a higher chance of conversion. For those who are still researching the marketplace ecosystem, this article will highlight how marketplaces are used, the benefits you can expect to reap, challenges we see in the market and how Elastic Path supports a variety of marketplace deployments to support your business needs.   What is an online marketplace? Most are already aware that an online marketplace is a digital platform that facilitates shopping of products and/or services from multiple sources. This evolved definition of marketplaces from the traditional singular seller architecture, has paved the way to now allow a marketplace owner to either function solely as an operator, or sell its own products and services with those of third party sellers. This has been great for offering new strategies for businesses looking to enter the marketplace ecosystem. As a marketplace owner, your business will be well positioned to increase profitability in a variety of ways which we will discuss later. However, you will have to consider which roles and responsibilities you will be willing to take on; for example: Seller onboarding and management, master catalog and taxonomy, order management, rules and processes, fund collection and distribution etc. As a marketplace seller on the other hand, you will have to think about your product and pricing within the marketplace, page designs, marketing, promotions and customer service to ensure your products are good competition for other sellers within the marketplace. We strongly suggest evaluating your roles in a marketplace with a technical consultant to get a better understanding of the considerations you should be taking into account to assess the feasibility of your business plan first.   Benefits Of a Marketplace Model Once you have decided how you want to partake in a marketplace you’ll find that there will be many benefits regardless of whether you chose to be an owner or a third party seller. As an operator: You get to choose the revenue stream that best fits the market niche you want to address: Commission Model: Where you get to charge a percentage or fixed fee for every transaction to merchants. Membership Fee Model: Where you can charge a monthly or yearly fee to both sellers and buyers. Ads and Features Model: Where you charge providers to run Ads within the platform. Listing Model: Where you can charge a business for each listing offer they upload on the platform. You don’t hold any product inventory and thus don’t have to worry about product capital or investments. You’ll be able to generate trust from shoppers and thus increase the likelihood of customers choosing your site to make their purchase. If you already have a product catalog, you can expand it and create more opportunities to up-sell and cross sell to a larger audience.   As a Seller: You’ll be able to increase your earning potential by introducing your products or services to a larger audience. You’ll be able to save cost on an eCommerce infrastructure as your operator handles most of the operation. You’ll gain an instant level of trust because shoppers tend to have stronger confidence and trust in marketplaces. You’ll have a quick testing site for your products or services, thus de-risking an online launch.   Challenges With a Marketplace Model However, online marketplaces still have a few challenges that you should consider.   Vendor Integration With many third party sellers coming together, there will likely be many integrations that will need to work together with the operator’s eCommerce software. When these integrations don’t work in symbiosis, sellers often experience slow inventory updates, difficult price management, and incorrect product matching. Choosing a Composable Commerce solution would be ideal for facilitating a marketplace, as they were built to handle multiple integrations under one solution.   Product Presentation When many sellers come together with their unique branding, it is difficult to keep a uniformed product presentation. Sellers often have different color schemes, image formats, and image quality, leading to a less uniform user experience across the catalog. By choosing a strong Content Management System(CSM) or Digital Experience Platform (DXP), you can ensure that you can offer templates with strict guidelines to unify the experience.   Customer Service With a large catalog of products, it is difficult managing customer service requests. The marketplace owner is expected to assist customers regarding their products, even though they may not have immediate ties or access to each product. We’ve seen marketplace owners relieve this pressure by ensuring as much product information is provided on the site as possible, and minimizing overall customer-to-customer service agent interactions. This is obviously not an exhaustive list of challenges, and once again, we would definitely recommend working with an agency to assess the cost-benefit ratio of your strategy. So how does Elastic Path support your future marketplace business?   How Does Elastic Path Support Your Marketplace Needs? Elastic Path supports customers with marketplace needs whether they want to sell their products and services on an existing marketplace like Alibaba and Amazon, or establish their own marketplace within their industry. To support these needs, Elastic Path offers Product Content Management and Catalog Composer to support all of your complex catalog needs, as well as our marketplace technology partner integration in the Composable Commerce Hub, to create seamless and engaging experiences across multiple touchpoints. Many customers have expressed their fear around venturing into a marketplace model because of the perceived complexity and risk. However, due to the open and flexible architecture that Composable Commerce provides, customers are able to deploy a marketplace by either leveraging their existing eCommerce solution or by building a Composable Commerce solution from scratch with Elastic Path. In addition, for those businesses who want more help with launching quickly, you’ll also be able to leverage one of our Pre-Composed Marketplace Solutions, which is a complete business-ready solution, that eliminates the need to take on the complexity of stitching together everything on their own. We have had customer launches in weeks rather than months with Pre-Composed Solutions. So which marketplace model is right for you? With Elastic Path Commerce Cloud there are three main marketplace operating models that you can choose from. You can choose to: Sell Into An Existing Marketplace: In this model you will be able to sell into an existing marketplace like Amazon and Alibaba by setting up an automated function to push your products to their marketplace and market your products and services in a way to ensure your goods can be sold. Establish a services-only marketplace: In this model you will be to facilitate the sale of services as the operator of the marketplace. As services based marketplaces are less concerned with “shipping and fulfillment,” you can choose to accept payments through the platform or send buyers to the individual sellers and instead put in measures to manage and collect surcharges for facilitating the interactions. Elastic Path works closely with larger marketplace vendors such as Jetti and Mirakl to create seamless integrations to make this process quick and simple. Sell and facilitate transactions on your personal marketplace: In this model you can either choose to sell your branded products alongside other third party sellers or operate solely as the owner. In this model, you will be able to deploy your marketplace on multiple channels, as well as provide a reliable and engaging user experience to ensure customer retention. Elastic Path works closely with our marketplace partners in the Composable Commerce Hub to ensure real time syncing and seamless cohesion of complex integrations. Of course if you have a simpler or more complex need we can always jump on a call to discuss your options. We hope this was helpful, but if you want to know more you can visit our eCommerce Marketplaces page or shoot us a chat on our website. We’d be happy to help!
  Topics: able, leverage, sellers, marketplaces, ecommerce, path, marketplace, products, services, elastic, product, model.
• factory14 raises $200M to jump into the Amazon marketplace roll-up race - It doesn’t feel like a week goes by at the moment that another startup doesn’t emerge armed with a huge wallet of cash to pursue a strategy of consolidating and then scaling promising brands that have built a business selling on marketplaces like Amazon’s. In the latest development, a startup called factory14 is coming out […]
  Topics: ecommerce, companies, rollup, jump, amazon, capital, techcrunch, 200m, raises, million, marketplace, factory14, sellers, race, steinbruch, brands.