Mike Duda comes from the world of advertising. In fact, he spent 13 years at the renowned ad agency Deutsch, becoming the youngest partner in the company’s history until another creative, Brent Vartan, came along and stole the title. Little wonder that in 2010, when Duda struck out on his own to create Bullish (formerly […]
View More These ad execs have a venture fund they’d like to sell youCategory: eCommerce
Twitter cracks down on API abuse, will charge B2B devs
To prevent its own Cambridge Analytica and make sure it’s getting paid for its data, Twitter will audit developers using its APIs. Starting June 19th, Twitter will require any app that calls a recent tweets from or mentions of a user more than 100,000 times per day to submit their app for review. If a […]
View More Twitter cracks down on API abuse, will charge B2B devsCustom framing startup Framebridge is opening two retail stores
For a long while, you couldn’t swing a bag of cats around without hitting a retailer looking to create a digital presence. Now, the inverse is growing in popularity, with many digital-first retail brands looking to set up a brick-and-mortar shop. The latest is Framebridge, a custom framing startup that has raised more than $67 […]
View More Custom framing startup Framebridge is opening two retail storesInstagram launches shopping checkout, charging sellers a fee
Instagram is opening a whole new revenue stream. Now the 130 million people who tap Instagram’s product tags on shopping posts will be able to buy those items without leaving the app thanks to stored payment info. “Checkout with Instagram” launches today in the US with more than 20 top brands including Adidas, Kylie Cosmetics, […]
View More Instagram launches shopping checkout, charging sellers a feeZeus raises $24M to make you a living-as-a-service landlord
Cookie-cutter corporate housing turns people into worker drones. When an employee needs to move to a new city for a few months, they’re either stuck in bland, giant apartment complexes or Airbnbs meant for shorter stays. But Zeus lets any homeowner get paid to host white-collar transient labor. Through its managed ownership model, Zeus takes […]
View More Zeus raises $24M to make you a living-as-a-service landlordCan there be too much competition between startups?
Competition is the core of capitalism. Competition between companies lowers prices — on average — and ensures that they are forced to innovate lest they lose their markets to others. Competition between workers ensures that people strive to do their best work lest their jobs go to more qualified or faster or cheaper replacements. Obviously, […]
View More Can there be too much competition between startups?Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer
Coupang, the unicorn that is defining e-commerce in Korea, announced today that it has hired Jay Jorgensen, Walmart’s former global chief ethics and compliance officer, to serve as its general counsel and chief compliance officer. Jorgensen will relocate to Seoul for the position. Founded in 2010, with a total of $3.4 billion raised from investors […]
View More Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officerSurging costs send shares of ecommerce challenger Pinduoduo down 17 percent
China’s new tech force Pinduoduo is continuing its race to upend the ecommerce space, even at the expense of its finances. The three-year-old startup earmarked some big wins from the 2018 fiscal year, but losses were even greater, dragging its shares down 17 percent on Wednesday after the firm released its latest earnings results. The […]
View More Surging costs send shares of ecommerce challenger Pinduoduo down 17 percentAcko, a digital insurance provider in India, raises another $65M at a $300M valuation
Acko — a startup out of India that has taken on the country’s antiquated insurance industry with a digital-first product for drivers and others in transportation-related scenarios (for example, cancelled ticket insurance) — has raised more funding as it passes 20 million customers on its books. The company has closed a Series C of $65 million […]
View More Acko, a digital insurance provider in India, raises another $65M at a $300M valuationDrivezy, India’s vehicle sharing startup, is raising $100M+ at a $400M valuation, eyes US expansion
Drivezy — the startup out of India that wants to turn private car usage on its head through a car-sharing network where people lend their cars and two-wheeled vehicles but also have options to use vehicles from a fleet managed by Drivezy — said it is raising more money as it gears up for the […]
View More Drivezy, India’s vehicle sharing startup, is raising $100M+ at a $400M valuation, eyes US expansionPayPal now lets US users instantly transfer funds to bank accounts in seconds
PayPal, a longtime alternative to directly using payment cards, cash and bank transfers to make payments for goods online and in stores with 267 million individual customer accounts and 21 million merchant accounts, is today adding in a new feature to help it tap into a wider range of customers such as gig economy workers […]
View More PayPal now lets US users instantly transfer funds to bank accounts in secondsPayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouse
It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerhouse based out of Argentina and serving 18 countries across the region, has announced that PayPal is investing $750 million, and VC Dragoneer another $100 million, as part of […]
View More PayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouse