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Monthly Archives: March 2023
Reselling marketplace Kream’s valuation rises to $742M with $168M Series C
The startup funding environment is more challenging right now, but some companies and industries still draw investors’ attention and money. The luxury fashion resale market is one of them in Asia. Kream, a reselling platform that buys, sells and trades … Continue reading
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Rwazi to scale its market intelligence platform backed by $4 million seed funding
In emerging markets like Africa, offline retail dominates most product sales, driven by informal trade, and cash-based transactions. This makes the sourcing of data on the true market value or sizes of products a herculean task. Yet, local and international … Continue reading
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YouTube shutting down Indian social commerce app Simsim
YouTube is shutting down its live social commerce app Simsim less than two years after acquiring the Indian startup but insists that it’s committed to building “a seamless shopping experience for viewers and supporting creators’ businesses.” Simsim helped small businesses … Continue reading
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Vue snaps up $20M to grow its open-source based ‘frontend-as-a-service’ e-commerce toolkit and platform
The current slowdown in e-commerce growth, and in some pockets straight declines in spend, might not seem like the most opportune time to build an e-commerce tooling startup — let alone invest in one. But a startup out of Poland … Continue reading
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IntegrityNext raises $109M for a platform to audit supply chains for ESG compliance
The funding landscape remains very tough for technology startups, but there are still some pockets, and specific companies, driving a lot of interest right now among investors because they look like they’ll break through whatever current macroeconomic trends that are … Continue reading
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India government-backed open e-commerce network expands to mobility
Open Network for Digital Commerce, the Indian government-backed initiative that is attempting to “democratize” e-commerce, has set its eyes on another industry it would like to disrupt. ONDC, a nonprofit firm set up by India’s commerce ministry in 2021, is … Continue reading
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Ex-Flipkart exec’s Flash app wants to be an inbox for your e-commerce needs
Email inboxes are tricky tools because over time they become hard to manage and users have to spend a lot of time searching for what they are trying to find. And if you have been using one email address everywhere, … Continue reading
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Canva unveils a series of new features, including several AI-powered tools
Canva is introducing a series of new features, including a suite of AI-powered tools, and a new Brand Hub. The company unveiled the new features and tools during its Canva Create virtual event today. The company is launching Assistant, which … Continue reading
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WhatsApp introduces a new Windows client with better calling features
WhatsApp announced a new Windows client today with performance improvements and better calling features. The new version also supports multi-device sync so you can use WhatsApp even if your phone is switched off. Mark Zuckerberg posted on his Instagram Channel … Continue reading
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Bitcoin at $100,000? Insiders say the cryptocurrency could test new highs this year
The predictions of new record highs mark a more optimistic outlook than in January when industry executives told CNBC they expected 2023 to be a year of caution.