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On-Demand Delivery Service Munchery Ceases Operations

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Munchery came on the scene in 2010 and hit a valuation of $300 million in 2015 after raising $87 million in a venture funding round. Its venture capital investors included Greycroft, ACME Ventures (formerly known as Sherpa Capital), Menlo Ventures, e.Ventures, Cota Capital, M13 and others, noted reports.

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India’s Retail Battle Attracts Fresh Energy

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One of the biggest retail stories as we head into 2020 is how India is a battlefield of digital commerce, along with a hotbed of retail innovation. The eCommerce retailer is said to be working with Catamaran and has started hiring workers for the operation per unnamed sources, Reuters reported. Amazon’s Moves.

Retail 108
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Auto Sales Race Toward A New Retail Future

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Close the door and buckle up – retail automotive sales are getting an upgrade. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S. The app is a replacement for the previous eBay Motors app, which was discontinued in 2015, and it is available in the U.S.

Retail 131
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German FinTech N26 Eyes IPO With Hiring Of New CFO

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The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254
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How An Online Automotive Deal Is Fueling A Retail Trend

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Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for used goods from some 300 product categories. According to the report , the deal comes as Carro raised some $30 million in fresh capital. Retail Waste.

Online 112
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Can Retailers Push Back Against Surging Account Takeovers?

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Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Castle, founded in 2015, said it has raised $9.2 Castle, founded in 2015, said it has raised $9.2

Retail 118
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Petco’s $864 Million IPO Beats Forecasts 

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The nationwide chain — which operates about 1,470 retail stores selling pet supplies and professional services like veterinary care — is changing its name to Petco Health and Wellness in conjunction with the listing. They bought the company from TPG and Leonard Green, who took the then-public pet retailer private 15 years ago. .