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Tag: invests

Angel platform Inflection Point Ventures invests in food startup Samosa Party

Inflection Point Ventures, one of India’s most active angel platform has invested an undisclosed amount in snacking startup Samosa Party. This marks IPV’s 8th investments in the last 90 days, since the coronavirus outbreak started in the country. IPV has been investing in startups in sectors like health tech, ed tech, delivery, online grocery and …

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Amazon invests $15 billion in tech, support for third-party sellers

Get great content like this right in your inbox. Subscribe 2019 was a record-breaking year for third-party sales at Amazon. The e-tailer launched more than 225 tools and services in 2019 to help third-party sellers, which it says are mostly small- and medium-sized businesses (SMBs). These tools and services were part of a more than …

Amazon invests $15 billion in tech, support for third-party sellersRead More

Amazon invests $15 billion in tech, support for third-party sellers

Get great content like this right in your inbox. Subscribe 2019 was a record-breaking year for third-party sales at Amazon. The e-tailer launched more than 225 tools and services in 2019 to help third-party sellers, which it says are mostly small- and medium-sized businesses (SMBs). These tools and services were part of a more than …

Amazon invests $15 billion in tech, support for third-party sellersRead More

Ikea profits fall 10% as retailer invests in online operation | Business

Ikea’s profits have fallen nearly 10% as the world’s largest furniture retailer stepped up its spending on renewable energy and its growing online operation. Ingka Group, the holding company that runs the majority of Ikea stores, said operating profit fell to €2bn (£1.7bn) in the year to the end of August despite a 5.3% rise …

Ikea profits fall 10% as retailer invests in online operation | BusinessRead More

Flipkart invests in EasyRewardz, Retail News, ET Retail

New Delhi: Customer engagement and rewards platform EasyRewardz on Tuesday said it has raised an undisclosed sum in series B funding from Walmart-owned Flipkart. The fund infusion will help EasyRewardz to drive new product development and accelerate global expansion, a statement said. EasyRewardz has more than doubled its customers and revenues since its series A …

Flipkart invests in EasyRewardz, Retail News, ET RetailRead More

China’s Alibaba invests $3.3 billion to raise stake in logistics unit Cainiao, Retail News, ET Retail

SHANGHAI – China’s e-commerce giant, Alibaba Group Holding , said on Friday it would invest an additional 23.3 billion yuan ($3.33 billion or £2.6 billion) to raise its equity stake in its logistics affiliate Cainiao Smart Logistics Network to 63% from 51%. Alibaba co-founded Cainiao in 2013, with partners including department store owner Intime Group, …

China’s Alibaba invests $3.3 billion to raise stake in logistics unit Cainiao, Retail News, ET RetailRead More

Foot Locker invests in teen-oriented e-commerce and content platform NTWRK

Foot Locker continues to invest in innovative, digital-first companies. The athletic footwear and apparel giant announced a $3 million investment in a new start-up, NTWRK, a youth-oriented e-commerce and content platform that offers live video shopping and programming via its mobile app or web store. The company, whose content focuses on licensed and non-licensed collaborations, …

Foot Locker invests in teen-oriented e-commerce and content platform NTWRKRead More