Former investors of food delivery startup Freshly are suing Nestlé USA, which acquired the company in 2020 for up to $1.5 billion. The shareholders allege that Nestlé failed to make earnout […]
commerce
Trending topics and news from the commerce category
Back to news homeIndia’s Meesho cuts 251 jobs
Meesho has cut 15% of its workforce, or 251 roles, as the Indian social commerce startup pares its expenses to improve its financial health and confront the “economic reality.” This […]
Temu accelerates global expansion with parent’s new Dublin office
Temu, a fast-growing ecommerce platform known for cheap deals, is making inroads into new markets as its parent firm sets up a base in Dublin, joining a raft of tech […]
Battle of two marketing companies
It isn’t often that startup rivals battle in plain view of others, but such is the case with the mobile messaging services provider Postscript, which took to the Twitterverse earlier […]
Staytuned bags $34M in equity, debt to build ‘Salesforce suite for e-commerce’
Staytuned Digital has $34 million in new equity and debt to continue developing a software suite for e-commerce brands with a goal of what co-founder Serge Kassardjian described as “the […]
Verity raises $32M as IKEA stores deploy its inventory drones
There’s no shortage of startups attempting to put drones to work. There is, however, a longstanding question around the efficacy of such plans. Drones — especially the smaller variety — […]
123 Baby Box delivers for parents seeking children’s products without the hassle
The internet is a big place, and there are millions of recommendations for products tailored to babies. So how do you find the right products? And why would you trust […]
Online education platform Kajabi helps creators earn money for sharing their expertise
Kajabi, the video education and web hosting platform for content creators to sell, manage and market online courses, announced today that its 60,000 creators earned a combined $5 billion in […]
Amazon to close eight Amazon Go stores in Seattle, San Francisco and New York
Amazon is permanently closing eight of its cashierless Amazon Go convenience stores in Seattle, San Francisco and New York. The eight stores will remain open until April 1, a spokesperson […]
Pinterest is testing a new premium video ad format on its app’s search tab
Pinterest has begun alpha testing a new advertising product that allows brands to reach consumers from a more prominent position within the company’s mobile app. With the “Premiere Spotlight” ad, […]