Commerce

OmniRetail shakes up Africa’s B2B e-commerce market with $20M Series A

Commerce /

When Deepankar Rustagi last raised money for OmniRetail in 2022, excitement was high for African startups addressing the supply chain and operational challenges in the fast-moving consumer goods (FMCG) sector. At one point, these startups received more capital than all sectors, except fintech. Recently, though, the industry’s enthusiasm and venture capital’s interest have faded, as […]

OmniRetail shakes up Africa’s B2B e-commerce market with $20M Series A Read More »

The RealReal founder Julie Wainwright has a startling new memoir

Commerce /

Julie Wainwright has taken two companies public, a pretty incredible feat by any standard. Yet in her new memoir, Time to Get Real, she offers readers something even more valuable: a blunt look at the messy realities of entrepreneurship. Wainwright shares the kinds of tough truths that many high-achieving CEOs can relate to but rarely

The RealReal founder Julie Wainwright has a startling new memoir Read More »

Mystery will may reveal Zappos founder’s final wishes

Commerce /

According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth $1.2 billion. Among other things, the document, signed in 2015 and included in a recent court filing, contains

Mystery will may reveal Zappos founder’s final wishes Read More »

Linktree rolls out a suite of monetization features for creators

Commerce /

Linktree is launching a set of new features aimed at helping creators earn more money directly from its platform. The new tools include the ability to sell courses and digital products, earn from brand-sponsored links, and build shoppable storefronts. The launch of the new monetization features will help Linktree stand out among other similar platforms

Linktree rolls out a suite of monetization features for creators Read More »

Chinese shopping app Taobao joins DHgate in Top 5 on US App Store

Commerce /

The Chinese e-commerce marketplace app DHgate, which is now the No. 2 free iPhone app in the U.S., isn’t the only one that’s oddly benefiting from President Trump’s tariffs on U.S. imports from China. Another Chinese shopping app, Taobao, has now also entered the Top 5 as of Thursday. U.S. consumers began flocking to these

Chinese shopping app Taobao joins DHgate in Top 5 on US App Store Read More »

Chinese marketplace DHgate becomes a top US app as trade war intensifies

Commerce /

The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the Apple App Store in the U.S. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually

Chinese marketplace DHgate becomes a top US app as trade war intensifies Read More »

Could an Amazon driver could be the one who saves your life?

Commerce /

In a quiet transformation from merchandising giant to (also) healthcare giant, Amazon may be positioning its sprawling logistics network and growing medical footprint to potentially save lives, starting with your front door. According to Bloomberg, back in 2023, Amazon piloted a several months-long pilot program called Project Pulse, equipping delivery vans with defibrillators and training

Could an Amazon driver could be the one who saves your life? Read More »

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps

Commerce /

Jobandtalent, an AI-based “workforce as a service” marketplace that connects people with companies looking for hourly workers, announced it has raised €92 million ($103 million).  The Series F — which includes participation from Atomico, BlackRock, DN Capital, Hercules, Infravia, Kibo, and Kinnevik — values the Madrid, Spain-based company at €1.3 billion ($1.5 billion) post-money.  On the surface,

Jobandtalent raises $103M on a down-round $1.5B valuation as it looks to AI to recruit temps Read More »

Lyst, a fashion marketplace once valued at $700M, sells to Japan’s Zozo for $154M

Commerce /

Fashion goes in and out of style, and it turns out, so do fashion startups. Lyst, a high-end fashion marketplace that was once valued at $700 million, has been acquired for just $154 million in cash by Zozo, a Japan-based fashion and e-commerce business. Zozo owns a number of fashion brands that include Wear by

Lyst, a fashion marketplace once valued at $700M, sells to Japan’s Zozo for $154M Read More »