Top 2023 resources on million

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• "We Got Funded!" Cairo-Headquartered FlapKap Raises US$3.6 Million In A Seed Round To Realize Its Mission Of Empowering Underfunded SMBs In The MEA Region - As the e-commerce boom continues, FlapKap is seeking to ease the process of accessing capital for small and medium business owners without having to give up on equity or ownership.
  Topics: underfunded, growth, funding, flapkap, round, startup, realize, offering, mission, us36, coucha, seed, smbs, raised, region, raises, clients, model, million.
• 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.
• 1K Kirana raises $25 million for its hyperlocal shopping and distribution platform - 1K Kirana, an Indian startup that operates an eponymous hyperlocal shopping app and retail distribution network, has raised $25 million in a new financing round as it attempts to help brands and neighborhood stores reach more consumers. The three-year-old startup’s Series B financing was led by Alpha Wave Global, Info Edge Ventures and Kae Capital. […]
  Topics: distribution, raises, million, hyperlocal, consumers, startup, shopping, techcrunch, items, partner, supply, 1k, retail, platform, kirana, stores, shop.
• 24 Reddit Stats and Facts to Know in 2022 - Since it launched in 2005, Reddit has remained a mystery to many marketers. Reddit is a user-influenced platform that embraces discussion and community engagement over content creation or branding. Its difference in focus makes Reddit vastly different from other networks — like Facebook or Instagram — where brands naturally find their niche.
  Topics: stats, facts, subreddits, foundation, know, platform, million, posts, upvotes, reddit, users, video, monthly.
• 31 Influencer Marketing Stats to Know in 2023 - Influencer marketing harnesses the power of word-of-mouth — and scales it via social media. As a result, it's become a leading marketing strategy in 2023.
  Topics: influencer, campaigns, stats, united, million, influencers, instagram, states, marketing, followers, marketers, know.
• 5 Steps to Level Up Your Social-Commerce Strategy - A dynamic synergy of ecommerce and social media platforms, social commerce is proving to be a dependable sales driver: How to make it pay for you.
  Topics: socialcommerce, marketing, media, steps, ecommerce, customer, level, commerce, sales, million, shopping, strategy, brands, social.
• 57 TikTok Stats to Know in 2023 - Since launching in 2018, TikTok has racked up millions of downloads globally. It can also be a bit of a mystery since TikTok doesn't always disclose of key app metrics.
  Topics: say, videos, tiktok, stats, brands, know, users, app, million, blog, tiktoks, platform.
• 70+ Social Media Demographics for Marketers in 2023 - I get it, fellow marketers —sometimes, you just need the numbers.
  Topics: million, media, gen, blog, audience, demographics, data, users, hubspot, platform, marketers, social.
• 99minutos clocks in fresh capital for logistics infrastructure in Latin America - 99minutos, a logistics service company for e-commerce vendors across Latin America, is making fast work out of attracting funding. It announced today $82 million in Series C funding, led by Oak HC/FT, with participation from existing investors Kaszek and Prosus Ventures. The last round follows a $40 million Series B investment last May from Prosus […]
  Topics: america, techcrunch, fresh, clocks, latin, infrastructure, funding, ecommerce, companies, patjane, capital, 99minutos, company, million, logistics, mexico.
• About You focuses on profit after new doubling of losses - About You has plunged deeper into the red. The fiscal year ended with an operating loss of 137 million euros, more than twice the previous fiscal year’s loss, which had already nearly doubled. However, the company refers to these results as “solid performance”. It expects to break even in the…
  Topics: focuses, profit, growth, revenue, yous, euros, operational, million, market, fiscal, previous, profitable, losses, doubling.
• Aggregator Razor acquires Stryze Group - Ecommerce aggregator Razor Group has taken over German competitor Stryze Group, another acquisition company. The deal was made with shares only. In addition, Razor Group has raised 80 million euros of funding. Razor Group, founded in 2020, is an ecommerce aggregator. This business model consists of acquiring successful marketplace merchants…
  Topics: euros, stronger, acquires, razor, market, million, ecommerce, aggregator, company, smaller, stryze, group.
• AiFi adds new funding into its cart to expand autonomous retail footprint - Contactless stores are gaining traction, more so in Europe, but there are some trickling into the U.S., including Atlanta’s Nourish + Bloom Market that opened in January. In that article, we pointed out that the store was entering territory that included Amazon Go, 7-Eleven and Walmart. Behind some of that cashierless technology are startup companies […]
  Topics: aifi, autonomous, funding, techcrunch, retail, company, stores, retailers, store, cart, adds, million, gu, expand, footprint.
• Alibaba’s logistics arm joins DHL in Poland - The logistics arm of Alibaba, Cainiao, is joining parcel carrier DHL in Poland. Both companies will invest 60 million euros in a parcel locker network. Through the partnership, Cainiao aims to grow its presence in Europe. Alibaba has been expanding in Europe in the past few years. Alibaba-owned marketplace Lazada…
  Topics: dhl, lockers, cainiao, network, polish, euros, million, logistics, arm, joins, europe, locker, alibabas, parcel, poland.
• Amazon acquires India’s GlowRoad in social commerce push - Amazon may be attempting to take on Shopify in the west, but in India, it is gearing up to explore social commerce. Amazon has acquired the Indian social commerce startup GlowRoad in an all-cash deal as the e-commerce giant makes a bigger push into one of its key overseas markets, a source directly familiar with […]
  Topics: commerce, giant, help, techcrunch, startup, amazon, social, push, glowroad, indias, acquires, india, source, million.
• Archive back with fresh funding as it builds community marketing space - Its first products were a Shopify app that automatically detects, classifies and saves Instagram stories, and Archive Communities, which makes influencer marketing programmatic.
  Topics: round, community, archive, marketing, million, customers, app, merchants, company, woo, funding, space, fresh, techcrunch, builds.
• As markets shift, Mercado Libre’s falling share price shows no company is safe - What then can we learn from Mercado Libre’s earnings report and ensuing valuation decline?
  Topics: share, markets, safe, worth, exchange, shift, results, latin, libres, falling, libre, billion, shows, price, mercado, million, techcrunch, market.
• Asos is raising 80 million pounds - British fashion platform Asos has successfully raised 75 million pounds (86.7 million euros) from institutional investors. Additionally, it has launched an equity raise of 5 million pounds (5.8 million euros) from retail investors. With the capital injection, the company wants to improve stock control and reduce costs. On May 10th,…
  Topics: pounds, investors, fashion, euros, rate, asos, million, raising, loan, interest.
• B2B platform VonWood raises 2.7 million euros - Dutch startup VonWood, a trade platform for wood, has raised 2.7 million euros. The company aims to connect wood buyers and lumbers more directly online, while offering more product transparency. With the funds, VonWood wants to accelerate growth. VonWood was founded in May 2022. The B2B marketplace currently offers over…
  Topics: euros, product, timber, wants, transparency, startup, website, million, buyers, platform, raises, wood, b2b, vonwood.
• BankSathi Raises $4 Million In Pre-series A Funding - The funds will be used to invest in high-calibre employees across all the company's operations and to accelerate the development of new products and technology
  Topics: securities, financial, raises, tier, india, million, entrepreneur, preseries, funding, products, company, network, banksathi.
• Bazaar raises $70 million from Tiger Global and Dragoneer to digitize Pakistan’s retail - Dragoneer Investment Group and Tiger Global are backing Bazaar, a startup that is attempting to digitize Pakistan’s retail with e-commerce, fintech and last-mile supply chain solutions, they said today, joining a growing list of high-profile investors making large bets in the South Asian market. The two investors are leading Bazaar’s $70 million Series B funding. […]
  Topics: product, retail, khata, merchants, raises, pakistans, global, bazaar, techcrunch, credit, easy, digitize, startups, cities, dragoneer, tiger, startup, pakistan, million.
• Bobbie drinks up $50M to expand infant formula product line - Bobbie is carving out its own piece of an infant formula market poised to be a valued at $103 billion by 2026.
  Topics: drinks, expand, million, 50m, formula, modi, infant, company, line, techcrunch, told, bobbie, market, series, product.
• Boundless Brands Raises $2.5 Million In Seed Funding - Boundless has also built a full-stack e-commerce platform that enables e-commerce site and app and all the managed e-commerce services
  Topics: fb, million, seed, raises, fullstack, services, sandeep, brands, industry, platform, funding, boundless, managed, ecommerce.
• 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.
• Charts: CEO Pay for Top Ecommerce, Public Companies - Amazon CEO Andy Jassy collected total compensation in 2021 of roughly $212 million. Shopify's Tobias Lutke earned $20 million. Here's a rundown of CEO compensation at select U.S. public companies.
  Topics: companies, salary, million, ecommerce, ceo, startups, report, charts, pay, median, public.
• CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups - CEO Guru Hariharan sees the $4.5 trillion retail industry at a massive inflection point.
  Topics: continues, startups, infrastructure, commerceiq, billion, retail, company, brands, capital, horn, gets, million, hariharan, techcrunch, funding, companies, flow, ecommerce.
• Coolblue 6 million euros in the red - Dutch electronics store Coolblue made a profit loss of 6,2 million euros in 2022. This is a stark contrast with profits of over 39 million euros the year before. The company generated 2,35 billion euros of revenue. a small year-on-year growth of 0,6 percent. Coolblue published their annual numbers for…
  Topics: increased, stores, revenue, euros, growth, revenues, coolblue, million, red, retailer.
• Daily Crunch: Asian and Hispanic e-grocer Weee! bags $425 million Series E - Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
  Topics: asian, crunch, hispanic, russian, million, going, technology, market, startup, company, techcrunch, companies, weee, bags, egrocer, daily, ukraine, series.
• Daily Crunch: Former Apple employee pleads guilty to stealing autonomous vehicle design details - Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
  Topics: writes, tech, daily, avatars, pr, ingrid, pleads, design, company, stealing, crunch, work, vehicle, autonomous, going, employee, guilty, player, details, million.
• Daily Drone Deliveries Surpass 2,000 Globally - Drone deliveries have taken off. Here is a list of companies leading the advancement, from drone technology and logistics companies to retail brands.
  Topics: drone, deliveries, delivery, daily, commercial, global, drones, customers, air, million, globally, surpass, deliver.
• Dubai-Based Emerging Markets Property Group, Owner Of Bayut And Dubizzle, Raises US$200 Million Ahead Of An IPO "In The Near Future" - Currently present in more than 50 cities, EMPG operates classified platforms across emerging markets, with a focus on the MENA and South East Asia regions.
  Topics: khan, million, ipo, markets, near, future, need, owner, empg, group, bayut, mena, property, good, platform, raises, looking, us200, dubizzle, company.
• Ecommerce solution Kuai raises €2.2 million - London-based startup Kuai Commerce has raised 2.4 million dollars (2.22 million euros) in a funding round. The capital injection will be used to launch an ecommerce solution that helps European merchants to sell their wares in the East. Cross-border ecommerce is a way for merchants to reach an even bigger…
  Topics: sell, chinese, million, social, ecommerce, raises, commerce, brands, kuai, startup, solution.
• EvolutionX Debt Capital Announces Investment In Udaan - EvolutionX's investment, alongside udaan's recent capital raise, will improve the company's financial strength as well as continue to drive its operational efficiencies with an enhanced focus on achieving profitable growth
  Topics: announces, evolutionx, entrepreneur, udaan, growth, million, capital, team, debt, india, committed, investment.
• Ex-Chime engineers raise $4M for B2B payments infrastructure startup Streamlined - While working as the head of treasury at Braintree, Boris de Souza once discovered a $90 million payment that went “missing” for over two weeks because of poor payments infrastructure. “It was my first week on the job, and I received an email from a client saying ‘I think you shorted us $90 million,’” he […]
  Topics: techcrunch, engineers, million, ecommerce, businesses, infrastructure, startup, raise, 4m, payment, souza, b2b, business, exchime, streamlined, payments, ach.
• Floodlight raises 5.7 million euros - Ecommerce platform Floodlight has raised 6.4 million dollars in a seed funding round. The company offers a smart business account where ecommerce business owners can manage and optimize their finances. “This seed round is an exciting validation of our platform and its potential to meet the needs of unserved SMEs”,…
  Topics: million, smes, company, raises, seed, ecommerce, solution, offers, floodlight, round, customers, business, euros.
• FloorFound grabs more capital to grow its oversized recommerce business - What makes FloorFound stand out from its competitors is its approach to putting retailers, which often struggle with how to effectively do returns, at the center of recommerce.
  Topics: grow, funding, business, richter, grabs, series, resale, company, recommerce, million, floorfound, item, oversized, capital, techcrunch.
• Flyp wants to give power resellers enterprise-grade e-commerce tooling - There is no shortage of platforms out there to sell your old stuff. From thredUp and The RealReal to Facebook Marketplace to eBay, the tech world has long sought to capitalize on the generally wasteful attitude of consumerism over the last half century. But lurking among these platforms is a group not often thought about, […]
  Topics: used, wants, inventory, enterprisegrade, resellers, ecommerce, group, ventures, platform, power, tooling, million, startup, techcrunch, flyp, platforms.
• Fresh from new round, Egypt’s proptech Nawy plans full-suite offering - Egyptian proptech startup Nawy, which began life in 2016 as an AI-driven property, listing has grown to offer brokerage services, supporting the closing of property deals. It is now looking for its next path of growth after connecting 40,000 buyers to sellers last year alone, winning the confidence of the Sawiris family — Egypt’s wealthiest […]
  Topics: market, fresh, preowned, mortgage, egypts, property, estate, sector, techcrunch, fullsuite, million, proptech, plans, real, startup, resale, round, nawy, offering.
• Ghost Financial whips up new capital into finance tools for ghost kitchens - After operating his own ghost kitchen, Keto Kitchen, in Austin for the past year, serial entrepreneur John Meyer saw that fintech resources for the industry were lacking. When Keto Kitchen had good sales in the first quarter, Meyer went to the bank to ask for expansion financing and recalled the banker asking him what a […]
  Topics: restaurants, industry, finance, tools, capital, ghost, kitchens, ventures, techcrunch, million, whips, financial, credit, restaurant, kitchen, meyer.
• Glopal raises €20 million in funding round - Ecommerce international expansion software provider Glopal has raised 20 million euros in a Series A funding round. The startup will expand its operations in Europe, the United Kingdom and the United States with a recruitment drive. Additionally, it will use the funding to invest in its technology. Sales increased 3…
  Topics: million, solution, expansion, accelerate, startup, growth, round, crossborder, international, raises, funding, glopal.
• Growing a $100 Million Candy Business Through Retail and Celebrity Partnerships - Tara Bosch wanted a better relationship with candy and sweets, so she created low-sugar gummy treats to “kick sugar but keep candy.” She dropped out of university to launch SmartSweets in 2016, and today the company surpasses $100 million in revenue annually. More
  Topics: social, business, candies, million, celebrity, tara, really, sugar, growing, thats, retailers, recipes, brand, candy, retail, partnerships, smartsweets.
• Here’s how JOKR became gross-profit positive amid a cutthroat grocery delivery industry - Founder and CEO Ralf Wenzel, discussed, according to him, why his company’s grocery delivery model is doing better than most.
  Topics: heres, company, grocery, type, amid, million, customers, techcrunch, business, industry, jokr, positive, grossprofit, online, weve, delivery, inventory, cutthroat.
• How Airbnb Used Social Listening to Generate Millions of Impressions in 24 Hours - Welcome to HubSpot Marketing News! Tap in for campaign deep dives, the latest marketing industry news, and tried-and-true insights from HubSpot’s media team. 
  Topics: million, group, impressions, used, hours, airbnb, marketing, listening, tiktok, bookingcom, generate, villa, millions, stranded, social, stay.
• How Ethey Is Scaling A Zero-Waste Meal Delivery Business Beyond $100 Million - The Americana food industry creates $240 billion dollars worth of waste every year. Nick Spina wanted to change that. So he launched Ethey, a zero-waste ready-to-eat meal delivery company that prevents one pound of food waste for each meal. In this episode of Shopify Masters, Nick tells us about his journey of finding the ideal production facility and launching a successful subscription model.More
  Topics: scaling, important, thats, meal, able, challenges, business, right, delivery, zerowaste, lot, million, going, ethey, really, dont.
• How FreshToHome Co-Founder And CEO Shan Kadavil Built A Proficorn - Fresh To Home recently recently closed US$104 million in Series D funding with Amazon Smbhav Venture Fund as the lead investor.
  Topics: kadavil, ceo, fresh, platform, built, proficorn, uae, shan, sourcing, cofounder, freshtohome, meat, fishers, million, customers.
• I kinda dig the Instacart growth plan - Yes, Instacart is getting into selling software.
  Topics: techcrunch, plan, delivery, tech, billion, instacart, company, growth, valuation, kinda, services, dig, million.
• India’s Captain Fresh more than doubles valuation to $500 million in three months - Captain Fresh, a farm-to-retail platform for animal protein, has more than doubled its valuation to $500 million in three months as the Indian startup deepens its footprints in the local market and begins to expand overseas. Existing backers Prosus Ventures and Tiger Global have co-led the startup’s $50 million Series C funding, Captain Fresh founder […]
  Topics: seafood, indias, farmers, fish, markets, doubles, techcrunch, months, million, supply, day, captain, fresh, startup, valuation.
• India’s Licious raises $150 million for its fresh animal protein e-commerce platform - Licious, a Bengaluru-based startup that sells fresh meat, seafood and other fresh animal protein online and which became the nation’s first direct-to-consumer brand to become a unicorn last year, said on Tuesday it has raised an additional $150 million from a set of late-stage investors in a move that appears to be a precursor to […]
  Topics: ecommerce, protein, meat, fresh, raises, platform, investors, startups, techcrunch, seafood, indias, vivek, animal, valuation, licious, startup, million.
• 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.
• Investors cheer as Coupang cuts net loss 29% in Q1 - South Korean e-commerce platform Coupang said its first-quarter net loss shrank by 29% from a year earlier. The company posted a net loss of $209.2 million in Q1 this year, in contrast to last year’s net losses of $295 million in Q1 and $404.9 million in Q4, respectively.  Investors cheered the result, sending the value of Coupang’s […]
  Topics: cheer, gross, kim, loss, company, q1, cuts, million, profit, net, coupang, investors, billion, improvement.
• Japan’s Zeals raises $38.8M to scale its chat commerce platform - Zeals, a Tokyo-based startup that lets businesses communicate with their customers via its chat application, said Thursday it has secured $27.2 million (3.5 billion yen) in equity and $11.6 million (1.5 billion yen) in debt. The latest round brings its total funding raised to $41.4 million, the company said without disclosing its valuation. JIC Venture […]
  Topics: businesses, zeals, venture, japans, commerce, scale, shimizu, techcrunch, million, growth, raises, customers, billion, platform, chat, 388m.
• Jobox is building a bridge between skilled labor, available work - Jobox connects companies with vetted professionals for home service jobs via a marketplace, thus eliminating the need for customers to vet professionals themselves.
  Topics: skilled, building, available, small, techcrunch, repair, jobox, right, company, professionals, funding, sure, labor, work, bridge, million, service.
• Jüsto grabs new capital as it expands grocery delivery in Brazil, Peru - Justo enables customers in Latin America to buy groceries directly from its website or app and get them delivered to their location of choice.
  Topics: brazil, latin, delivery, capital, weder, peru, expands, jüsto, mexico, company, million, month, grabs, grocery, techcrunch.
• Kenya-based Powered by People gets $5 million seed to scale operations of its wholesale e-commerce platform - A wholesale e-commerce platform based in Kenya, with hubs in the Americas, Asia and Europe, Powered by People, has secured $5 million in seed funding to increase its transaction volume by growing the number of small brands using its B2B online marketplace to reach international buyers. The equity funding was led by Susa Ventures and […]
  Topics: orders, startup, brands, scale, kenyabased, million, gets, traders, small, markets, techcrunch, platform, ventures, seed, powered, wholesale, operations.
• La Redoute launches website and app in the Netherlands - French ecommerce platform La Redoute has launched a dedicated and independent Dutch website and app. It is the first international site opened by the company in ten years. The company wants to reach a target of 26 million euros in sales by 2026 in the Netherlands. La Redoute is a…
  Topics: wants, company, dutch, redoute, netherlands, ecommerce, million, euros, website, french, la, app, platform, launches.
• Logistics Firm Pidge Raises $3 Million In Pre-Series A Round - Prior to this round, the founders bootstrapped the company with $2 million and raised $1 million from the Indian Angels Network in 2021
  Topics: pidge, firm, saas, company, logistics, million, round, raises, technology, mountain, preseries, indian, network.
• Madison Reed, which made DTC hair color a thing, is now going after larger retail footprint - Buoyed by a new $33 million investment, plans are in the works to add another 20 hair color bar locations and hire 850 new colorists by the end of the year.
  Topics: bars, color, techcrunch, going, hair, company, understood, retail, footprint, reed, larger, consumer, million, thing, errett, madison, dtc.
• Mid-Day Squares adds some sweet capital to its ‘chocolate gone crazy’ empire - Mid-Day Squares has had an interesting journey to where it is today, including an idea founded in a kitchen, an acquisition from a chocolate giant and a music video rebuttal.
  Topics: sweet, gone, capital, lezlie, adds, midday, company, empire, million, product, crazy, flavor, karls, saw, techcrunch, squares, chocolate.
• Moonshot Brands funding, acquisitions highlight change in e-commerce aggregator space - Company co-founder CJ Isakow said this was just the beginning of what he thought would be further consolidation in the crowded sector.
  Topics: aggregator, aggregators, space, million, acquisitions, highlight, company, techcrunch, isakow, assets, brands, months, funding, moonshot, change, sellers, thrasio, ecommerce.
• NayaPay secures $13 million, largest seed funding in South Asia for its messaging and payment app - Pakistan-based fintech platform NayaPay has raised $13 million in a seed round to roll out its multi-service messaging and payment app, and to build payment acceptance and financial management tools for businesses in the South Asian country. NayaPay CEO and founder Danish Lakhani told TechCrunch that the super-app allows people residing in Pakistan to send […]
  Topics: pakistan, south, techcrunch, seed, million, funding, secures, bank, payment, messaging, payments, round, digital, largest, capital, nayapay.
• Nexi, the Italian payments giant, buys Germany’s Orderbird for $140-150M to expand its SMB strategy - More consolidation is apace in the world of payments: Nexi, the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 billion European payments giant, has made another acquisition, this time to dig deeper into financial services for small and medium businesses in the region. It has fully acquired […]
  Topics: nets, nexi, smb, company, services, italian, point, techcrunch, orderbird, expand, million, sale, strategy, germanys, giant, businesses, payments.
• Nexite raises $67M for its new approach to tagging and tracking merchandise in physical stores - When it comes to commerce innovation, physical retail often feels like it gets the short end of the development stick against newer, faster-growing, more quantifiable (and still far from perfect) digital channels. But physical retail is far from disappearing altogether, and today a company that’s built a solution very specifically targeted at improving data around […]
  Topics: techcrunch, approach, tracking, 67m, merchandise, data, retailers, shakedd, tagging, stores, physical, items, system, radio, million, raises, nexite, tags.
• Nowadays puts its spin on plant-based nuggets - Its first product is a crispy, plant-based riff on chicken nuggets that is made with just seven ingredients.
  Topics: puts, techcrunch, nowadays, product, spin, products, companies, elder, protein, meat, process, plantbased, company, million, nuggets.
• Online trade differs in East and West Germany - Most online companies in Germany are located in the Western regions North Rhine Westphalia (22 percent) and Bavaria (17 percent). Only 1.75 percent come from the Eastern regions Thuringia and 1 percent from Mecklenburg-Western Pomerania. These data come from the first E-Commerce Atlas Germany, a study by Ibi Research, Amazon…
  Topics: companies, trade, east, west, study, million, online, germany, average, ecommerce, marketplaces, sellers, differs, turnover.
• Otto partners with AI-startup Covariant - The Otto Group is partnering with Covariant, a company specializing in AI-driven warehouse robots. With the partnership, Otto wants to automate its fulfilment activities and increase its operational efficiency. Otto’s German fulfilment locations will be robotized first. The German Otto Group owns leading ecommerce brands such as About You and…
  Topics: covariant, aistartup, german, partners, raised, warehouse, locations, company, robots, fulfilment, wants, otto, million.
• Over 14,000 Etsy sellers are going on strike to protest increased transaction fees - If you’re in the market for funky trinkets and unique, handmade clothing, you might want to put off your shopping until next week. Starting today, more than 14,000 Etsy sellers are going on strike as the platform increases its transaction fees from 5% to 6.5%. “We’re hoping to get Etsy’s attention that we are fed […]
  Topics: protest, going, fees, sales, platform, techcrunch, petition, support, strike, million, increased, etsy, sellers, increase, transaction.
• Patchworks raises 4.4 million euros - Patchworks has raised 4 million pounds (4.4 million euros) in growth capital. The ecommerce integration platform wants to use the funds to enhance its product offering. The company also hired Jim Herbert from BigCommerce as their new CEO. Patchworks is a software integration platform for ecommerce businesses. The company was…
  Topics: raises, herbert, ecommerce, bigcommerce, patchworks, hired, software, million, company, euros, jim, platform.
• Podcast 40: My Private Equity Rolodex - In this episode, Drew shares his favorite resources and private equity investment contacts. Subscribe: iTunes | Stitcher EXCLUSIVE RESOURCE: Prefer to read rather than listen? the text transcribe from this episode. Highlights A few names to file away and pull-out when you’re looking to sell Links / Resources Brian Colton, Brooklyn-Equity Carson Biederman, Digital Fuel Capital […]
  Topics: hes, private, podcast, companies, ive, businesses, know, saas, rolodex, kind, equity, million, deal, buying.
• Razor Group raises 70 million dollars - German ecommerce aggregator Razor Group has raised 70 million dollars (65.7 million euros). The company currently has over 200 brands in its portfolio, but wants to add more soon. The funding will also be used to expand geographically. Ecommerce aggregator are growing quickly in European ecommerce. In November, Dutch company…
  Topics: razor, brands, raises, ecommerce, round, million, wants, funding, group, company, dollars, euros.
• Riogrande takes in first capital to incubate Latin America’s next local brands - Riogrande plans to have about 30 brands under its umbrella.
  Topics: riogrande, mandly, company, revenue, local, takes, americas, billion, latin, techcrunch, capital, brands, growth, million, incubate, ecommerce.
• Ryan Trahan’s Journey From College Dropout to 6.8 Million YouTube Subscribers - In 2017, Ryan Trahan dropped out of college, with 30,000 YouTube subscribers and plans to become a full-time creator. Today he’s one of the most recognizable YouTubers in the world, with over 5.6 million subscribers, trending videos, and a penchant for going viral. But Ryan isn’t only a creator—he's a serial entrepreneur who’s been dreaming up and building businesses since he was 14, combining his creative prowess with an entrepreneurial spirit. More
  Topics: creators, hes, business, dropout, trahans, youtube, journey, subscribers, content, videos, ryan, college, video, million.
• Salsify secures $200M as the boom in e-commerce catapults its valuation to $2B - E-commerce is booming, but it’s become increasingly apparent over the years that the businesses that are able to capitalize on that trend — and contribute to that growth — are those able to grasp the right technology to navigate the space. Today, Salsify, one of the startups building e-commerce solutions to that end, is announcing […]
  Topics: 2b, companies, company, ecommerce, million, salsify, round, brands, purcell, catapults, tech, techcrunch, work, valuation, secures, boom, 200m.
• Secret Sales raises €11.3 million - Online fashion marketplace Secret Sales has secured 10 million dollars in a Series B funding round. The capital injection will be used to accelerate expansion into Europe, with 12 new markets. By 2025, the platform wants to be the go-to destination for non-full price retail in all main European markets.…
  Topics: round, sales, markets, marketplace, growth, raises, funding, platform, million, secret, wants.
• Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round - Tabby, the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale’s, has completed a Series B extension of $54 million. It follows tabby’s initial Series B round of $50 million announced last August that valued the company at […]
  Topics: stv, provider, series, techcrunch, million, round, sequoia, capital, dubaibased, india, bnpl, extension, market, arab, company, tabby.
• Shipium gives e-commerce retailers Amazon-like supply chain tech - E-commerce retailers of all sizes can have that supply chain coordination layer that enables them to provide fast and cheaper shipping, too.
  Topics: shipping, amazonlike, tech, supply, ecommerce, shipium, technology, chain, gives, company, retailers, techcrunch, million.
• Social commerce platform Tushop set for Kenya growth after raising $3 million pre-seed funding - Tushop, a social-commerce platform in Kenya that enables the group buying of fast-moving consumer goods (FMCGs), is set for expansion across Nairobi after raising $3 million in pre-seed funding in a round led by 4DX Ventures. Founded last year by Cathy Chepkemboi, also the CEO, Tushop uses community leaders, who collect orders from their neighbors […]
  Topics: kenya, delivery, tushop, raising, techcrunch, growth, platform, including, million, goods, wasoko, orders, chepkemboi, capital, preseed, social, manufacturers, set.
• SoftBank leads $150M round for Firework’s shoppable video - Firework provides tools for retailers and consumer brands to tap into their own customer data to build engaging video experiences across their own digital properties and social channels.
  Topics: round, shoppable, live, softbank, livestreaming, fireworks, video, 150m, techcrunch, commerce, firework, market, investment, sales, leads, million.
• Southeast Asia Tops Worldwide Ecommerce Growth - There are 10 countries in Southeast Asia. Five of them have the fastest ecommerce growth rates on the planet. Here are the numbers — sales, growth %, and leading providers.
  Topics: internet, thailand, billion, worldwide, ecommerce, shopee, asia, tops, philippines, million, indonesia, growth, southeast.
• Swiftly quickly gets brick-and-mortar stores set up to cater to online customers - Swiftly provides the technology tools that democratize the technology lead, enjoyed by Amazon and Walmart, to the rest of the industry.
  Topics: customers, cater, techcrunch, store, brickandmortar, set, gets, online, swiftly, million, quickly, retailers, digital, kim, grocery, ecommerce, technology, company, stores.
• The Creator Economy Market Size is Growing: How Brands Can Leverage It - The creator economy has seen exceptional growth over the last few years and will only grow more in the future. So, what does that mean for brands, and how can marketers leverage this booming economy? To answer this question, I spoke to a couple of HubSpot's marketing experts and researched the creator economy's size, growth, and the changes we can expect down the line.
  Topics: creators, hudson, size, platforms, market, growing, economy, creator, denhoff, million, content, brands, leverage, media.
• The Expert jumps into home goods e-commerce - The Expert, which provides video consultations with top designers, expands into e-commerce to become what co-founder Leo Seigal referred to as “Farfetch for home.”
  Topics: ecommerce, designers, seigal, jumps, brands, clients, vintage, company, goods, experts, ventures, techcrunch, expert, million.
• The Folklore Group secures $1.7 million, launches fashion B2B e-commerce platform - Fashion e-commerce startup The Folklore Group today announced a shift from direct-to-consumer to B2B wholesale against the backdrop of a $1.7 million pre-seed funding, which the startup plans to use to fuel the growth of its new business. The startup’s new wholesale business, dubbed The Folklore Connect, will link luxury fashion brands in emerging markets to […]
  Topics: group, africa, startup, launches, brands, south, sales, rasool, secures, continent, ecommerce, million, platform, retailers, folklore, fashion, b2b, techcrunch.
• The Top Creator Economy Statistics for 2023 - Creator economy statistics for 2023 provide some interesting insights into the changing state of the marketing, promotional, and sales landscape. Currently, the “creator economy”, made up of YouTube stars, streamers, influencers, and more, is changing the way people connect with,… Continue reading The Top Creator Economy Statistics for 2023
  Topics: creator, creators, statistics, content, economy, influencer, marketing, number, million, platforms, say.
• The Ultimate TikTok Statistics for 2023 - TikTok statistics offer an interesting insight into the meteoric rise of the platform. TikTok has quickly emerged as one of the most popular apps of all time in the social media space. Almost without warning, this social sensation captured the… Continue reading The Ultimate TikTok Statistics for 2023
  Topics: million, users, content, videos, media, app, statistics, tiktok, social, billion, ultimate, platform.
• The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate - Jumia, the pan-African e-commerce company (and sole tech company based on the continent listed on the NYSE), released its first-quarter financial performance today. The company’s results included consistent growth but lapses in some areas compared with Jumia’s previous quarter.  As always, the first page of every Jumia report highlights its year-over-year wins. The first quarter […]
  Topics: yearoveryear, techcrunch, indicate, growth, boom, million, africa, afoot, quarter, earnings, revenue, q1, jumia, company, ecommerce, jumias.
• Tofino Capital reaches first close of $10M fund to back startups in frontier markets - Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million and hopes to achieve a final close nine months from now.   The firm, founded by Eliot Pence and Aubrey Hruby, wants to back startups in Africa, […]
  Topics: reaches, companies, venture, capital, pence, markets, close, million, fund, techcrunch, frontier, startups, 10m, firm, tofino.
• Top 15 Brands on Instagram, for Inspiration - Learning from top brands on Instagram can help merchants generate content ideas for their next campaign. Here is a list of top brands, including NASA, Nike, ZARA, and more.
  Topics: followers, inspiration, include, feature, highlights, videos, content, million, brands, profile, instagram, images.
• Two years after Lemon Perfect was spotted in Beyoncé’s limo, the superstar is now a backer - The company is squeezing new potential from a growing, but crowded enhanced water category.
  Topics: capital, techcrunch, backer, company, brand, total, perfect, hufnagel, market, spotted, beyoncés, million, water, lemon, superstar, limo.
• Una Brands teams up with KlickBrands to enter South Korea’s e-commerce market - Una Brands, a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in South Korea.  The strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia. Una, one of the largest e-commerce aggregators in Asia, has already established its presence there, including Singapore, Australia, […]
  Topics: asia, koreas, techcrunch, teams, market, brands, presence, south, enter, million, una, ecommerce, korea, klickbrands.
• Valued at $50M, Body404 wants to bring Chinese indie brands to the world - Over the past few years, Shein has taken over online fast fashion by exporting affordable wear from China to customers around the globe. Its success has attracted a wave of imitators, but a startup called Body404 believes China isn’t just about cheap runway knockoffs. The country is also seeing a budding generation of cosmopolitan designers […]
  Topics: 50m, bring, brands, wants, world, valued, body404, wear, zhang, million, indie, return, designers, fashion, chinese, startup, china.
• Vinted: ‘We are IPO-ready’ - Secondhand fashion marketplace Vinted says that it is technically ready for an IPO. However, the company currently has no plans of going public. The CEO envisions a different type of growth for the company, to become a stronger tech company that will last for decades. Vinted is an online platform…
  Topics: ipoready, wants, job, euros, vinted, luxury, growth, marketplace, secondhand, million, company.
• Walmart Offloads Clothing Retailer at a Staggering $235 Million Loss - WHP Global and popular retailer Express will acquire Bonobos in a joint deal that was announced on Thursday.
  Topics: brand, global, bonobos, loss, express, portfolio, retailer, deal, whp, walmart, million, company, sells.
• Weee! delivers second big funding round in a year, this time backed by SoftBank - This new monster round comes about a year after another big fundraise of $316 million in Series D financing.
  Topics: delivers, product, big, million, liu, second, techcrunch, company, weee, funding, offer, products, backed, ethnic, round, food, weees, softbank.
• White.Inc Raises Over $1 Million Seed Fund - The company's goal is to reach a revenue of over INR 1000 crore in the next 4 years by creating 5 to 6 differentiated D2C brands
  Topics: fund, million, d2c, ventures, reach, whiteinc, digitally, seed, entrepreneur, space, native, company, brands, raises.
• Wholesum raises $50M Series A to roll up third-party sellers on e-commerce platforms - As the boom of the e-commerce aggregator trend continues in Asia, South Korea, the fifth-largest e-commerce market in the world, is rolling up. Wholesum, a Seoul-based e-commerce aggregator, is jumping on the trend of larger firms buying up third-party merchants that would usually sell on e-commerce platforms like Amazon and eBay. The company said Tuesday […]
  Topics: brand, 50m, global, ecommerce, south, roll, joo, platforms, raises, million, growth, techcrunch, sellers, series, wholesum, brands, thirdparty.
• Wonnda has raised 1 million euros - Berlin-based startup Wonnda has raised 1 million euros in a pre-seed round. The product sourcing platform will use the capital injection to expand its network of manufacturers. It is also planning to incorporate more partners. Wondda was founded in early 2022. In June last year, the company launched the beta-version…
  Topics: brands, startup, raised, suppliers, platform, product, products, wants, euros, wonnda, million, company, sourcing.
• WordPress Statistics: A Complete Guide (With Infographic) - For endless business and website owners across the globe, WordPress has emerged as the go-to option for anyone hoping to launch their own website. WordPress is one of the simplest, most versatile, and most flexible content management systems (CMS) on… Continue reading WordPress Statistics: A Complete Guide (With Infographic)
  Topics: popular, infographic, cms, using, plugin, complete, guide, version, plugins, themes, statistics, users, million, wordpress.
• 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.
• Yoox Net-A-Porter Group fined more than €5 million - Online luxury retailer Yoox Net-A-Porter Group has been fined 5.25 million euros by the Italian antitrust agency. The group is fined over misleading pricing and its return policy. The retailer has already announced plans to appeal against the ruling. Yoox Net-A-Porter Group (YNAP) is an online fashion retailer and ecommerce…
  Topics: platform, million, online, fined, group, netaporter, antitrust, appeal, retailer, yoox.
• Zalando: little growth or even crimp in 2023 - Zalando saw its earnings before interest more than halve last year. The platform’s sales increased slightly by 3 percent compared to a 34 percent growth in 2021. After a tough year, the fashion giant predicts revenue could shrink in 2023. Zalando released its annual numbers today. The retailer only recently…
  Topics: compared, shrink, size, million, zalando, revenue, zalandos, little, grew, growth, euros, crimp.
• ‘People Development’ Drives AppSumo to $80 Million in Revenue - Ayman Al-Abdullah was CEO of AppSumo from 2015 to 2021. Annual revenue grew from $3 million to $80 million. How, exactly, did he do it?
  Topics: business, work, team, ceo, revenue, youre, million, appsumo, development, drives, deals, product.