Tag: Ecommerce

Alibaba 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

Walmart and Target embrace in-store mobile checkout for the holidays

Two of the U.S.’s largest brick-and-mortar retailers, Walmart and Target, are launching new mobile checkout systems in their stores to accommodate the influx of shoppers expected during the 2018 holiday season. Walmart says it’s expanding its “Check Out With Me” service to every Supercenter by Black Friday, while Target’s recently

Italic launches its marketplace for affordable luxury goods from top manufacturers

A new startup called Italic says it’s already received more than 100,000 signups for a marketplace where you can buy handbags, eyewear and other luxury products directly from the manufacturers who work with the world’s best-known brands. The marketplace is officially launching today. Italic is also announcing that it’s raised

Standard Cognition raises $40M to replace retailers’ cashiers with cameras

The Amazon Go store requires hundreds of cameras to detect who’s picking up what items. Standard Cognition needs just 27 to go after the $27 trillion market of equipping regular shops with autonomous retail technology. Walk into one of its partners’ stores and overhead cameras identify you by shape and

Plus-sized clothing startup Dia&Co gets another $70M from Sequoia, USV

The retail industry has and continues to fail the growing number of American women size 14 or larger, says Nadia Boujarwah, the co-founder and chief executive officer of Dia&Co, a personal styling service for plus-sized women. According to Plunkett Research, nearly 70 percent of women in the U.S. are plus-sized

Ezra raises $4M to diagnose cancer with MRIs, not painful biopsies

1 in 41 men will die of prostate cancer. But sticking a needle through your rectum into your prostate to screen for cancer brings along a ton of bacteria and terrible side effects like pain, infection, urinary trouble, and even erectile dysfunction. It turns out you can detect cancer with

Baidu leads $300M investment to bring its search smarts to elevator ads

China’s largest search engine Baidu is getting an offline revenue boost after it led a $300 million strategic round in Xinchao Media, a company that shows people ads when they’re waiting for an elevator – or stuck in one. The tie-up will see the partners collaborate on data integration that

Why the future of Chinese e-commerce is in its rural areas

Hugh Harsono Contributor Hugh Harsono is a former financial analyst currently serving as a U.S. Army officer. More posts by this contributor Television content creation in China Bank-based blockchain projects are going to transform the financial services industry China announced a mere 6.7 percent economic growth in July 2018, the

Fintonic users offered 0% interest on Amazon.es purchases

Personal finance management app maker Fintonic has teamed up with ecommerce behemoth Amazon to offer users in Spain interest free purchases on the local Amazon .es marketplace. The 0% finance offer is being timed to coincide with the annual Black Friday shopping fest that kicks off later this month. Qualifying Fintonic users