Commerce

YouTube brings its affilate program to India, partners with Walmart-owned Flipkart

Commerce /

YouTube is bringing its affiliate program to India so creators can tag products in their videos and earn referral money just ahead of the festive season. The company is partnering with Walmart-owned Flipkart and fashion and lifestyle e-commerce service Myntra, which is owned by Flipkart to open up their product catalogs to creators. The company […]

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Amazon adds gasoline discounts for Prime members, EV charging savings to follow

Commerce /

Amazon is challenging Walmart+ by offering Prime members a discount on fuel to combat high gas prices.  The company announced on Wednesday that Prime members will receive a 10 cents per gallon discount at around 7,000 Amoco, AM/PM, and BP gas stations across the U.S., potentially saving them about $70 annually on fuel.  To access

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Contactles stores to grow in Europe as Sensei reels in another $16M

Commerce /

While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the arena is growing, in part because several startups — such as  Standard Cognition, Zippin, AiFi, Grabango, Trigo — have proliferated, offering their technology to retailers.  But in Europe, Portuguese startup Sensei has

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Paccurate helps companies ship in smaller boxes, saving them money while helping the earth

Commerce /

Paccurate co-founder and CEO James Malley likes to joke that once you get into supply chain tech, the category doesn’t let you back out. Ten years ago, Malley and Patrick Powers were working together as consultants when they started getting asked the same question over and over. Their clients were asking for help reducing the

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Poshmark reverses decision to lower selling fees after sellers experience a drop in sales 

Commerce /

Shortly after the social marketplace Poshmark announced it would lower selling fees and increase fees for buyers, the company decided to revert to its original fee structure following outrage among sellers.  In an email to sellers sent on Monday (and viewed by TechCrunch), founder and CEO Manish Chandra wrote an apology about the fee change,

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Automattic offered employees another chance to quit — this time with nine months’ severance

Commerce /

Days after 159 people accepted Automattic CEO Matt Mullenweg’s offer of a six-month severance package to employees who wanted to leave, the company floated a new offer late on October 16 of a nine-month severance package to anybody who quit immediately. Employees had four hours to decide whether they wanted to take the deal. In

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Subscription management firm Zuora agrees to be acquired for $1.7B

Commerce /

Zuora, a company selling software to help businesses manage their subscription-based services, has agreed to be acquired by private equity firms GIC and Silver Lake for $1.7 billion. The all-cash deal is expected to close in Q1 2025, subject to approvals and customary closing conditions. It’ll take Zuora, which is currently publicly traded, private; Tien

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Accel eyes stake in India’s Truemeds at $330 million valuation

Commerce /

According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $30 million to $40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a proposed valuation

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