online shopping
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Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business
Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth. Amazon launches Amazon Cash, a way to shop its site without a bank card
Amazon this morning announced the launch of Amazon Cash, a new service that allows consumers to add cash to their Amazon.com balance by showing a barcode at a participating retailer, then having the cash applied immediately to their online Amazon account. The service will support adding any amount between $15 and $500 in a single transaction, Amazon says.
Amazon Cash will be available at… Read More
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PayPal says mobile shopping accounted for a third of Thanksgiving & Black Friday sales
New data from PayPal further confirms mobile’s contribution to e-commerce retailers’ bottom lines over Thanksgiving and Black Friday. According to data from its network, mobile devices accounted for a third of all total payment volume on both of these top shopping days this year – figures that back up earlier reports that mobile accounted for roughly a third of online… Read More
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Hollar snags another $30 million for its fast-growing dollar store app
Hollar, a startup offering dollar store-like finds in the form of a mobile app, has raised another $30 million to continue to grow its business. The new Series B round of funding was led by Kleiner Perkins Caufield & Byers, and included participation by Comcast Ventures and Greycroft Partners, as well existing investors Lightspeed Venture Partners, Index Ventures, Forerunner Ventures,… Read More
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Android Pay expands its reach via new partnerships with Visa and MasterCard
Google announced this morning two strategic partnerships with Visa and MasterCard aimed at expanding the reach of its mobile payments service, Android Pay. The company says that Android Pay users who are shopping online from their smartphones will soon be able to make payments on hundreds of thousands of new sites where either Visa Checkout or Masterpass are accepted at checkout. Visa… Read More
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Shopify launches its POS app and card reader in the UK
Shopify is launching its retail hardware and point-of-sale app for merchants in the UK. The reader supports tap, chip and swipe payments, letting retailers accept both contactless and traditional card-based payments, and the free app works in tandem with the reader device on either iPhone or iPad. The Shopify app and reader combo means sellers can accept a range of payment options at… Read More
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Google Image Search will now include shopping ads
As more of today’s consumers shop online using their mobile devices, often bypassing Google for e-commerce sites directly – and especially Amazon – Google has moved to combat the trend by launching its own visual shopping ads. Announced just ahead of its annual I/O developer conference this week, Google unveiled Shopping ads on image search. That means when shoppers are… Read More
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Shopping Quizzes is a quiz-based recommendation engine for e-commerce sites
A key tenet of e-commerce is the recommendation engine. If implemented correctly, it can be a major sales driver for online retailers. However, most sites normally just implement a basic engine that guesses what shoppers want, without any input from the shoppers themselves. Shopping Quizzes has created a recommendation engine that actually asks shoppers what they’re looking… Read More
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CVS invests in Curbside to bring mobile orders and store pickup to its retail stores
As brick-and-mortar commerce continues to shift online — whether that’s to competitors like Amazon, through online ordering systems or into instant delivery apps — traditional retailers are looking for new ways to accommodate a customer base that now wants the increased convenience that comes with not having to park their cars, then wander around the store, cart in hand. Case… Read More
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Thrive Market brings its organic grocery store to Android
A company tapping into consumers’ growing desire for healthier food and organic products, Thrive Market is today bringing its online grocery store to Android users with the launch of a dedicated mobile application. The new app will allow users to shop for natural and organic products right from their phone, including its more recently launched private label items. Described as a… Read More
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