Despite well-documented concerns over an economic slowdown in China, the country’s luxury goods market is still seeing opulent growth according to a new study. Behind secular and demographic tailwinds, the luxury sector is set to continue its torrid expansion in the face of volatility as it’s quickly becoming a defensive economic crown jewel. Using proprietary […]
View More Slowdown or not, China’s luxury goods still seeing high-end growthCategory: online sales
Pick up your used car at Carvana’s newest car-sized vending machine
For online car buyers, there’s another option to get your car.
Sure, you could pick it up from a used lot or have it delivered. But online car site Carvana has another car vending machine, this time in the Pittsburgh area. Opening Thursday, the eight-story tall glass building holds 27 cars.
After buying online through the Carvana site, buyers get an oversized commemorative “coin” to bring down the car — just like a bag of chips in a vending machine after inserting coins, only a bit bigger. Also in Pennsylvania, two other cities, Erie and Reading, now have next-day vehicle delivery — to your door. But you don’t get the vending machine experience. Read more…
More about Car Buying, Used Cars, Online Sales, Tech, and Transportation
View More Pick up your used car at Carvana’s newest car-sized vending machineThe shift to collaborative robots means the rise of robotics as a service
The 2018 Holiday shopping season was the biggest on record for e-commerce, with nearly $126 billion in online sales. But as e-commerce continues to expand, the demand for warehouse workers is growing faster than the labor supply and creating an increased need for automation. Given its dominance in e-commerce and the massive scale of its business, there’s no surprise […]
View More The shift to collaborative robots means the rise of robotics as a serviceNew e-commerce restrictions in India just ruined Christmas for Amazon and Walmart
The Indian government is playing the role of festive party pooper for Walmart and Amazon after it announced new regulations that look set to impede the U.S. duo’s efforts to grow their businesses in India. Online commerce in the country is tipped to surpass $100 billion per year by 2022 up from $35 billion today […]
View More New e-commerce restrictions in India just ruined Christmas for Amazon and WalmartAlibaba and Amazon move over, we visited JD.com connected grocery store in China
The arms race to build the future of grocery stores is heating up in China. To no one’s surprise, the main contestants are the country’s ecommerce titans Alibaba and JD.com, which are turning offline for growth. Online retail has flourished in China, but it still accounts for less than 20 percent of the nation’s overall consumption, according […]
View More Alibaba and Amazon move over, we visited JD.com connected grocery store in ChinaNigerian data analytics company Terragon acquires Asian mobile ad firm Bizense
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Tarform debuted new e-motorcycles but is there a U.S. market? Nigerian consumer data analytics firm Terragon Group has acquired Asian […]
View More Nigerian data analytics company Terragon acquires Asian mobile ad firm BizenseStartups should read this checklist before they go “whale hunting” for big partners
David Frankel Contributor David Frankel is a managing partner at Founder Collective. More posts by this contributor You earn a million dollars a year and can’t get funded? Dear auto entrepreneurs, please think outside the gearbox A top four tech company recently approached the CEO of one of our B2B portfolio companies with a tremendous […]
View More Startups should read this checklist before they go “whale hunting” for big partnersSneaker market GOAT hires COO Lizzie Francis and makes a play for women sneaker shoppers
GOAT, the secondary marketplace for sneakers that recently merged with Flight Club, is announcing a new hire. Lizzie Francis will join the company as Chief Operating Officer, coming from Brilliant Ventures where she will remain a managing partner. Francis formerly acted as CMO at Gilt Group and CMO at JustFab.com. She’s been running Brilliant for […]
View More Sneaker market GOAT hires COO Lizzie Francis and makes a play for women sneaker shoppersBell & Ross releases a new watch for travelers
In my endless quest to get geeks interested in watches I present to you the Bell & Ross BR V2-93 GMT 24H, a new GMT watch from one of my favorite manufacturers that is a great departure from the company’s traditional designs. The watch is a 41mm round GMT which means it has three hands […]
View More Bell & Ross releases a new watch for travelersAfrican VC TLcom Capital invests $5M in Nigerian data analytics firm Terragon Group
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: Uber says it’s staying, Konga could be epic startup fail Harley Davidson’s EV debut could electrify the motorcycle industry The African venture firm TLcom Capital is betting […]
View More African VC TLcom Capital invests $5M in Nigerian data analytics firm Terragon Group