Commerce

Hindustan Unilever in talks to acquire Peak XV-backed Minimalist for up to $350M

Commerce /

Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter. An acquisition would add to the Unilever subsidiary’s buying spree in India, where it expanded into the health and wellbeing category by acquiring Oziva and Wellbeing Nutrition […]

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Yoast CEO calls for a ‘federated’ approach to WordPress repository

Commerce /

Days after web hosting provider WP Engine won a preliminary injunction against WordPress co-creator Matt Mullenweg and rival hosting provider Automattic, Mullenweg announced that WordPress.org is taking a holiday break. WordPress.com — a site that provides access to WordPress plug-ins, themes, and other artifacts to the community — will take a break from providing free

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Yoast’s former CEO calls for a ‘federated’ approach to WordPress repository

Commerce /

Days after web hosting provider WP Engine won a preliminary injunction against WordPress co-creator Matt Mullenweg and rival hosting provider Automattic, Mullenweg announced that WordPress.org is taking a holiday break. WordPress.org — a site that provides access to WordPress plug-ins, themes, and other artifacts to the community — will take a break from providing free

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Prosus buys Despegar for $1.7B, taking a bite out of Latin America’s travel sector

Commerce /

Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region. Despegar’s board of directors

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Shein must cede Indians’ data, control of local ops to re-enter India

Commerce /

Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, and keep operations fully local to re-enter the Indian market, according to new government disclosures that reveal how the apparel and accessories retailer secured a rare exception to India’s ban on Chinese-linked apps. In a parliamentary

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Epic Games to pre-install its game store on ‘millions’ of devices with new Telefónica deal

Commerce /

Epic Games is partnering with Telefónica, one of the largest telecommunication providers in the world, to preinstall the Epic Games Store on all new compatible Android devices on its network. Telefónica services Spain, the U.K., Germany, and Latin America. The company says the partnership will bring the Epic Games Store to “millions” of phones, marking

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Laam lands $5.5M to provide South Asian fashions to migrants around the world

Commerce /

Demand for South Asian fashion is growing globally as more South Asians are migrating and settling in new markets, then buying ethnic wear for occasions like local festivals and weddings. However, not many online platforms today sell an extensive catalog of apparel and footwear from local South Indian sellers to global markets. Those that do

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Court orders Mullenweg and Automattic to restore WP Engine’s access to WordPress.org

Commerce /

A California district court judge has granted a preliminary injunction to WP Engine. The order asks WordPress co-creator Matt Mullenweg and WordPress.com owner Automattic to restore WP Engine’s access to WordPress.org, a WordPress theme and plug-in repository site owned by Mullenweg. Judge Araceli Martinez-Olguin noted that WP Engine’s access to WordPress.org, themes, plugins, and subdomains.

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