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Paytronix Offers Toast Eateries Online Ordering Integration

PYMNTS

Customer engagement firm Paytronix Systems said its online ordering software, using the software-as-a-service model, has what it takes to beef up food-delivery revenues. Paytronix said its online ordering saves time by taking brand information directly from Toast’s POS system, including menus and hours.

Online 150
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Building An Online Brand, In Real Life (#IRL)

PYMNTS

Since its founding in 2015, Qüero has turned to brick-and-mortar pop-up shops to do just that — and now, the company is hoping advanced technology can allow it to reach customers in new ways. And, rather than spending on overhead costs like stores and inventory, the company launched online, selling directly to consumers.

Online 100
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Salsify Lands $155M For eCommerce Tech Solutions

PYMNTS

Salsify , a startup that helps companies and their brands “win on the digital shelf,” has just raised another $155 million as it doubles down on product development and expands globally. 23) that they have closed on a deal with the Boston-based software and eCommerce company for $155 million in a Series E round of financing.

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Gap Between In-Store, Online Shrinking

PYMNTS

As retailers improve their inventory and fulfillment options, the gap between in-store and online commerce appears to be shrinking, at least according to a new report. Brands are making that investment and it really is paying off.”. foot traffic to retail stores saw its largest drop, 9.9 percent, in May, according to RetailNext.

Online 100
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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

PYMNTS

ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. The B2B company said the $290 million investment “represents a minority stake.”

Boston 167
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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

PYMNTS

The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven technology platform, we will accelerate our innovation, growth and scale,” he said. “I

Boston 174
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DraftKings To Merge With Other Companies, Go Public

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Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.

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