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Tag: Commerce

#Laam lands .5M to provide South Asian fashions to migrants around the world
  • Technology

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

Admin2 years ago010 mins

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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#Entrepreneur Marc Lore on ‘founder mode,’ bad hires, and why avoiding risk is deadly
  • Technology

#Entrepreneur Marc Lore on ‘founder mode,’ bad hires, and why avoiding risk is deadly

Admin2 years ago011 mins

Entrepreneur Marc Lore has already sold two companies for billions of dollars, collectively. Now he plans to take his food delivery and take-out business Wonder public in a couple of years at an ambitious $40 billion valuation. We talked with Lore in person in New York recently about Wonder and its ultimate aim of making…

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#YouTube brings its affilate program to India, partners with Walmart-owned Flipkart
  • Technology

#YouTube brings its affilate program to India, partners with Walmart-owned Flipkart

Admin2 years ago04 mins

YouTube is bringing its affiliate program to India so creators can tag products in their videos and earn referral money. The company is partnering with Walmart-owned Flipkart and fashion and lifestyle e-commerce service Myntra, which is owned by Flipkart to open up their product catalogs to creators. The company said that India, YouTube’s biggest user…

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#Amazon adds gasoline discounts for Prime members, EV charging savings to follow
  • Technology

#Amazon adds gasoline discounts for Prime members, EV charging savings to follow

Admin2 years ago02 mins

Amazon is challenging Walmart+ by offering Prime members a discount on fuel to combat high gas prices.  The company announced on Wednesday that Prime members will receive a 10 cents per gallon discount at around 7,000 Amoco, AM/PM, and BP gas stations across the U.S., potentially saving them about $70 annually on fuel.  To access…

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#Contactless stores to grow in Europe as Sensei reels in another M
  • Technology

#Contactless stores to grow in Europe as Sensei reels in another $16M

Admin2 years ago04 mins

While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the arena is growing, in part because several startups — such as  Standard Cognition, Zippin, AiFi, Grabango, Trigo — have proliferated, offering their technology to retailers.  But in Europe, Portuguese startup Sensei has…

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#WP Engine files an injuction to get its WordPress.org access back
  • Technology

#WP Engine files an injuction to get its WordPress.org access back

Admin2 years ago03 mins

Web hosting provider WP Engine has filed an injunction in a court in North California, asking it to intervene and restore its access to the WordPress.org open-source repository. After WP Engine filed a lawsuit against WordPress co-creator Matt Mullenweg and Automattic last month, Mulleweng — who also owns WordPress.org — blocked the company’s access to…

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#Automattic offered employees another chance to quit — this time with nine months’ severance
  • Technology

#Automattic offered employees another chance to quit — this time with nine months’ severance

Admin2 years ago05 mins

Days after 159 people accepted Automattic CEO Matt Mullenweg’s offer of a six-month severance package to employees who wanted to leave, the company floated a new offer late on October 16 of a nine-month severance package to anybody who quit immediately. Employees had four hours to decide whether they wanted to take the deal. In…

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#Zepto eyes 0M from Indian offices in third funding in 6 months
  • Technology

#Zepto eyes $100M from Indian offices in third funding in 6 months

Admin2 years ago05 mins

Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which delivers grocery items and office stationery to customers’ doorsteps…

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#Temu gets more questions from the EU about illegal product risks
  • Technology

#Temu gets more questions from the EU about illegal product risks

Admin2 years ago07 mins

The European Union has dialed up scrutiny of Chinese ecommerce marketplace Temu, asking for more information about its compliance with multiple provisions of the bloc’s online governance framework, the Digital Services Act (DSA), including in relation to how it prevents the sale of illegal goods on its platform. Back in May scores of consumer protection…

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#159 employees are leaving Automattic as CEO’s fight with WP Engine escalates
  • Technology

#159 employees are leaving Automattic as CEO’s fight with WP Engine escalates

Admin2 years ago05 mins

Automattic CEO Matt Mullenweg said on Thursday that 159 employees (roughly 8.4% of staff) accepted a severance package that the company had offered to those who disagreed with his direction of WordPress and his handling of tussle with web hosting provider WP Engine. In a blog post, Mullenweg said the package offered $30,000 or six…

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