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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Broadly enabling online commerce. Source: Finix.

Online 98
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Amazon And Alibaba Have Already Conquered Online Retail. Now They’re Coming For Offline.

CB Insights

The Seattle-based giant also opened its cashier-less Amazon Go store to the public in January 2018, after reported delays. In 1994, Jeff Bezos founded Amazon in Seattle as an online retailer of books; in 1998, Jack Ma founded Alibaba in Hangzhou, China as an online platform to connect merchants and buyers. Notably, Amazon paid $13.7B

Retail 65
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The 2022 GonzoBanker Awards

Gonzobanker

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. There’s nothing more Gonzo than a CEO who simply bleeds the soul of front-line relationship managers, and Brager could write a bestselling book on this topic. The Smarter Bank Customer Experience Award.

Community 216
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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

From their humble, skunkworks-style origins in Palo Alto to their current offices in Sunnyvale, Cupertino, Seattle, and Boston, they’ve scaled up to attack new projects but keep the same focus on experimentation and innovation that helped them build the first Kindle. Capital One. Innovation Lab Name: Capital One Labs.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Customer service: Customer experience goes virtual with conversational AI. Now, with experts stressing the importance of rapid testing and tracking in managing the Covid-19 crisis, wearables and other health monitoring tech that enable diagnostics are taking center stage. Industrial automation & robotics.

Industry 101
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Retail Reinvention: Why Retail Doesn’t Need Salespeople

PYMNTS

Even if there were a trustworthy way to send money over the internet — which there isn’t — the network is no substitute to the essential ingredient of capitalism — salespeople.”. Take retail salespeople — Stoll’s self-proclaimed cornerstones of capitalism. Stores will become obsolete. Do our computer pundits all lack common sense?”

Retail 197
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Retail’s Adapt-Or-Die Moment: How Artificial Intelligence Is Reshaping Commerce

CB Insights

Warehouse automation: Sorting, storing, & managing inventory. The NY-based startup is backed by investors like Baidu Capital and Bessemer Venture Partners. Beyond extending the personalization experience online, retailers want to understand consumer behavior across devices. Amazon tracks consumers offline.

Retail 78