Buy now, pay later has grown to be an alternative to credit cards, with the trend generating $100 billion in sales last year, more than four times 2020. However, even with the spread out payments, … Read more
Product returns remain a headache for many e-commerce companies. Some have gotten creative in how they approach it — for example, Amazon formed relationships with Kohl’s and Stein Mart for in-person returns, while PayPal acquired … Read more
Lipa Later, a Kenyan tech-led consumer credit platform, is planning to expand to new markets in Africa after raising $12 million in pre-Series A funding. The equity and debt funding round saw the participation of … Read more
Many of us are moving around these days a lot less than we used to — because of Covid, we’re working from home instead of an office; and we are traveling and going out less. … Read more
Ecommerce Brands is one of the newest consumer brand aggregators to emerge in a crowded space and aims to integrate with Cart.com to support the backend needs of brands as they scale. The Atlanta-based company … Read more
A year after the FTC blocked Harry’s from getting acquired by Edgewell Personal Care, the direct-to-consumer razor startup raised $155 million in Series E financing to give it a $1.7 billion valuation. Now, months later, … Read more
Doordash co-founder and CEO Tony Xu has joined Meta’s board of directors, the Facebook parent company announced on Tuesday. Xu has served as CEO of Doordash since 2013 and was appointed the company’s board chair … Read more
Foxtrot is changing the way we think about convenience stores, and just picked up $100 million in new Series C funding to expand its brick-and-mortar footprint to 50 new retail locations in the next two … Read more
Novo, the startup building a new kind of banking service from the ground up for small and medium businesses, has closed a significant round of funding to take the next step in growing its platform. … Read more
A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three years. Much of this spending falls under the importation of products, … Read more
