e-commerce
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Gift Card Marketplaces Raise Grabs $56 Million From NEA And Others
A company offering a marketplace where consumers can buy and sell their unused gift cards, Raise.com, announced this morning it has taken in a sizable $56 million round of Series B funding, led by New Enterprise Associates (NEA). The additional funding, which brings the company’s total outside investment to $81 million, comes after a period of rapid growth following the release of… Read More
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App Usage Grew 76% In 2014, With Shopping Apps Leading The Way
According to a year-end report put out by the now Yahoo-owned mobile analytics firm Flurry, mobile app usage continued to see significant growth over the past year, with overall app usage up by 76% in 2014. Top app categories including Shopping, Utilities & Productivity, and Messaging also saw triple-digit growth in the past year, and contributed greatly to the overall increased usage… Read More
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Chris Fry, Twitter’s Former Senior VP Of Engineering, Joins Bigcommerce’s Board
Chris Fry, the man who waged war against the Fail Whale as Twitter’s former senior vice president of engineering, has joined Bigcommerce’s board of advisors. The e-commerce startup, which has offices in San Francisco, Austin, and Sydney, Australia, says that Fry will work closely with its product and development teams as its focuses on international expansion. Last month,… Read More
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PayPal Reports Record-Breaking Number Of Black Friday Shoppers And Sales On Mobile
The move to offer online shoppers earlier access to Black Friday deals – beginning as early as Thanksgiving Day this year – resulted in record-breaking numbers of consumers shopping on mobile, reports PayPal. Based on its online commerce data, the company reports having seen a 47% increase in PayPal global mobile payment volume on Thanksgiving compared with Thanksgiving 2013, and a… Read More
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Black Friday Online Sales Up 8.5% Over Last Year, 20% Of Sales Came From iOS
Online retailers had a good Black Friday, with sales up over 8% from a year ago, and nearly 47% of online traffic coming from mobile devices throughout the day. Mobile played a big role this year in terms of both traffic and sales, and yesterday was especially notable for being the first Thanksgiving Day where mobile traffic to online retailers accounted for more than half of all online traffic. Read More
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Canopy Brings A Curated Amazon Shopping Experience To The iPhone
A company called Canopy launched last year to bring a more curated and community-driven experience to shopping Amazon products, with an organized catalog of recommended items, and a number of tools for finding and saving favorites. Today, Canopy is bringing that same experience to mobile with the launch of the Canopy iOS application. Like its web-based counterpart, the iOS app offers a… Read More
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Ebay Now Pulled From App Store As Company Rethinks Its Same-Day Delivery Plans
Ebay Now, the same-day local delivery service from the online marketplace giant, was pulled from the App Store over the weekend, where previously it allowed mobile customers to shop from their phones in order to receive items from nearby retailers later that day for an additional $5 fee. The changes come about as eBay is rethinking how it wants to handle the high costs associated with… Read More
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Former Grooveshark Execs Raise $950K For E-Commerce Customer Intelligence Startup Tandem
A team of early Grooveshark employees who left the company a couple of years ago to pursue their own startup ambitions have raised a little under a million for Tandem, a service that helps e-commerce companies better understand their customers shopping behavior and interests by combining analytics data, surveys and sales information. Explains co-founder and CEO Isaac Moredock, previously… Read More
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Novelty T-Shirt Maker Print Syndicate Raises $4.25M Series A
Print Syndicate, an e-commerce store that sells printed T-shirts and other fashion and home decor goods, has raised $4.25 million in Series A funding led by Data Point Capital. Backed By $9.5 Million, Curbside Launches A Mobile Shopping App For Same-Day Pickup, Not Delivery
A number of companies today are experimenting with same-day e-commerce, including Amazon, Google, eBay, Instacart and others – but for most, the focus has been on same-day delivery. A new shopping startup called Curbside, backed by $9.5 million in seed and Series A funding, instead wants to become the go-to solution for same-day pickup from local stores. That is, it’s combining… Read More
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