VIDA, an e-commerce startup that allows artists to upload their designs to be printed on real-world materials – like fabric, leather, metal and more – which are then sold as unique products, has grown its community of artists to over 100,000 members since its launch a few years ago. The company is now participating in startup accelerator Y Combinator, following its recent… Read More
Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia.
A valuation for the deal was not announced, but the companies did say that Alibaba has become a minority shareholder.
Tokopedia, which was founded in 2009, operates a marketplace that allows small retailers and large brands to sell to consumers in… Read More
Amazon has been doubling down on its private label business in recent months, though many of its own brands aren’t easily identifiable to consumers as they don’t indicate they’re Amazon-made products. But these private labels have been gaining steam, according to a new report out this week from 1010data. Several Amazon brands have been seeing tremendous growth, it found… Read More
Facebook is again getting into the daily deals space, this time in collaboration with eBay. The company has launched a new feature within its Marketplace section on its mobile app, where a selection of inventory from eBay’s Daily Deals program is now available. The deals can be shopped directly in Facebook’s app, but checkout takes place on eBay’s website through an in-app… Read More
A day after Target announced the acquisition of transportation technology company Grand Junction, the retailer this morning is expanding its next-day delivery service, Target Restock. Announced this spring, and then opened to select customers in June, the new service is now available in its first markets outside the reach of Target’s Minneapolis headquarters with launches in both… Read More
Apple continues to be locked out of China’s massive mobile payments space. The latest reminder came this week when Beijing’s transportation system opened up to smartphone payments… via an Android app. Already Tencent’s WeChat Pay and Alibaba’s Alipay services dominate China’s mobile payment space, which is estimated to have processed $3 trillion last year,… Read More
Target has acquired San Francisco-based transportation technology company Grand Junction, in order to help it move more quickly into the business of same-day delivery. The company had already been working with Target on a same-day delivery pilot program in New York’s Tribeca neighborhood, prior to this deal. That pilot will expand this fall to more New York area stores before a… Read More
Glossybox, a BirchBox clone launched by the Samwer brothers back in 2011 to deliver willing consumers a monthly subscription of beauty products, has been acquired by UK online retailer and ecommerce platform operator, The Hut Group (THG). Read More
Curbside, a startup powering same-day shopping experiences for traditional brick-and-mortar retailers, including CVS, is today announcing a new partnership with Yelp that will allow consumers to shop in Yelp’s app, then pick up their items locally. For shoppers, the idea is that they’ll be able to browse area businesses’ products and promotions in Yelp, then drive to the store… Read More
You’ve likely seen them plastered across your social media accounts, if not on someone’s feet in San Francisco where the company is based: attractive women’s flats in bright red with black soles, or bright red with pink stripes and blue detailing, or a gray camo pattern with a red sole.
Rothy’s, available online only at the company’s site, seem to be everywhere… Read More
Amazon has quietly launched a new feature called “Themes,” designed to make it easier for shoppers to navigate a product’s customer reviews. Now, in the Amazon mobile app, you’re able to see which words have been used the most frequently across the reviews left by other customers, and then tap a button to hop straight to a filtered selection of reviews that include… Read More
WhatsApp is about to get an unlikely competitor in India, its largest global market based on users. That’s because Paytm, the $8 billion-valued company behind the country’s top digital wallet, is in the process of expanding its services into person-to-person communication, games and other mobile content. The planned update, which was first reported by the Wall Street Journal, will… Read More