Commerce Archives » Brit Commerce

Snappy acquires Covver, a gifting startup that seeks to accumulate players– BC

Leave a Comment / Commerce, gifting / By Salsa Noreen

It is now widely accepted that customers and employees who receive corporate gifts end up appreciating the brand much more and with a lower outlay. Therefore, the market for this has exploded. A market player, the New York-based company Fastwhich has raised over $125 million to date, is now acquiring covera corporate merchandise gifting platform. […]

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Flipkart hires Dunzo co-founder to lead rapid business push– BC

Leave a Comment / Commerce, Dunzo, Flipkart, India, Quick commerce / By Salsa Noreen

Flipkart has hired Kabeer Biswas, co-founder of Indian delivery startup Dunzo, as the Walmart-owned e-commerce group expands its quick commerce business in the country. Biswas will lead Flipkart’s rapid commerce effort, called Flipkart Minutes, a source familiar with the matter told britcommerce. The move comes almost a year after Flipkart considered a possible acquisition of

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YouTuber LegalEagle Sues PayPal Over ‘Sleeping Leech’ Honey Extension– BC

Leave a Comment / Commerce, Devin Stone, Government & Policy, honey, PayPal / By Salsa Noreen

A new lawsuit alleges that Honey, the PayPal-owned browser extension, is scamming creators out of money. Honey, which PayPal acquired for $4 billion in 2019, works by britcommerceally presenting users with relevant coupon codes as they shop. However, in a video posted last monthYouTuber MegaLag described Honey as a “scam” that involves “stealing money from

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Thanksgiving online advance sales figures rose 7% year over year to $15.6 billion, on par with pre-pandemic trends.– BC

Leave a Comment / Commerce, cyber week, holiday sales, Online shopping, Thanksgiving / By Salsa Noreen

Thanksgiving weekend has long been considered the traditional start of the most important sales period for retailers, and so far all indications are that we’re in for a strong holiday season for e-commerce. Salesforce follows activity in real time and has just published its first figures of the day. It says that as of 2

Thanksgiving online advance sales figures rose 7% year over year to $15.6 billion, on par with pre-pandemic trends.– BC Read More »

Entrepreneur Marc Lore on ‘founder mode’, bad hires and why risk avoidance is deadly– BC

Leave a Comment / Commerce, entrepreneurship, Marc Lore, Startups, TC, wonder / By Salsa Noreen

Businessman Marc Lore has already sold two companies for billions of dollars together. Now he plans to run his food delivery and takeaway business. Wonder public in a couple of years with an ambitious valuation of $40 billion. We recently spoke with Lore in person in New York about Wonder and its ultimate goal of

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Hedosophia Leads $7M Seed Round for Retail Supply Chain AI Startup Ameba– Brit Commerce

Leave a Comment / ameba, Commerce, Enterprise, Fundraising, Hedosophia, Retail & eCommerce, Startups, supply chain management / By Salsa Noreen

Traditional retailers have a pressing problem. Fast-moving companies like Shein and Temu are taking advantage of purpose-built end-to-end supply chains. Meanwhile, traditional retailers are still stuck on legacy platforms, juggling large amounts of data sets and struggling to respond to an extremely fast-paced market. A London-based startup believes it has the solution to this problem.

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