Bigblue wants to automate e-commerce fulfillment in Europe

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Xesto is a foot-scanning app that simplifies shoe gifting

You wait ages for foot-scanning startups to help with the tricky fit issue that troubles online shoe shopping and then two come along at once: Launching today in time for Black Friday sprees is Xesto — which, like Neatsy, which we wrote about earlier today, also makes use of the iPhone’s TrueDepth camera to generate […]

Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far

This morning Wish, a well-known mobile e-commerce startup, filed to go public. It joins Affirm, Airbnb and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start. Wish’s S-1 (which is filed under its corporate name ContextLogic) is of particular interest given […]

Inside Affirm’s IPO filing: A look at its economics, profits and revenue concentration

Last night Affirm filed to go public, herding yet another unicorn into the end-of-year IPO corral. The consumer installment lending service joins DoorDash and Airbnb in filing recently, as a number of highly valued, venture-backed private companies look to float while the public markets are more interested in growth than profits. TechCrunch took an initial […]

Farmstead, a grocery startup with a focus on software, raises $7.9M

Farmstead, a startup that operates an online grocery business while also selling software to other grocers, is announcing that it has raised $7.9 million in Series A funding. While there’s been plenty of demand for grocery delivery this year, the major players like Instacart are making purchases and deliveries from existing supermarkets. Farmstead co-founder and […]

Reliance Retail buys Urban Ladder for $24.4 million

Reliance Retail has acquired a majority stake in furniture and decor platform Urban Ladder, making a broader push into e-commerce as the largest retail chain in India gears up to fight Amazon and Flipkart. In a filing to the local stock exchange, Reliance Retail said it had acquired a 96% stake in Urban Ladder for […]

Kyklo raises $8.5M to bring electrical distributors online

Kyklo, a startup that helps wholesale distributors of electrical and automation products launch e-commerce stores, is announcing that it has raised $8.5 million in seed funding. The industry may sound a bit arcane, but it’s one that founders Remi Ducrocq (Kyklo’s CEO) and Fabien Legouic (CTO) know from having worked at Schneider Electric. Ducrocq said […]

Are subscription services the future of fintech?

Joshira Maduro Contributor Joshira Maduro joined the LendingTree team in April 2020 and uses her background in market research and branding to write about credit card news and better ways to spend. Subscription services are on the rise. During the pandemic, Americans have been spending more time at home and more money on the digital […]

E-commerce startup Heroes raises $65M in equity and debt to become the Thrasio of Europe

Heroes, a European e-commerce business operating a similar model to unicorn Thrasio in the U.S. — with a strategy of acquiring and scaling high-performing Amazon businesses — has raised $65 million in a funding round. The round — a mixture of equity financing and debt — is co-led by 360 Capital and Fuel Ventures, with […]

Cookware startup Great Jones raises $1.75M as it expands into bakeware

Great Jones is expanding into a new area of the kitchen tomorrow, with what co-founder and CEO Sierra Tishgart described as the startup’s biggest launch since it released its first products two years ago. Ahead of launching the new bakeware line, Great Jones is announcing that it has raised $1.75 million in new funding. The money […]