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Postmates Raises $100M As Online Food Delivery Heats Up

PYMNTS

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

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Drizly To Test Online Orders, Store Pickup

PYMNTS

Drizly, the alcohol delivery platform startup, is testing the ability for customers to buy online and pick up their spirits in a store. Drizly isn’t a company that operates its own stores, but rather it works with liquor stores in 27 markets around the United States that give Drizly their inventory and pricing lists.

Online 100
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Are Online Resale Sites Rife With Counterfeits?

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Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

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European Union Regulators Eye Antitrust Rules For eCommerce

PYMNTS

Online sales in such countries as Spain, an EU member, are expected to grow by 20 percent , according to eMarketer. The market has significantly changed, and (our) evaluation has identified a number of issues that need to be addressed,” said the commission’s Executive Vice President Margrethe Vestager , who is in charge of competition policy.

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Thrive Market Expands Its ‘Digital Whole Foods’ Onto Android

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An online-only grocery store has expanded its potential base of health food shoppers. TechCrunch reports that, yesterday (April 6), Thrive Market launched a version of its app — previously only available on iOS — for the Android platform. To date, adds the outlet, Thrive Market has raised $58 million.

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B2B Startup Investors Go After The Niche Markets

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While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. The debt funding marks the largest provided to an Indian startup in about two years, reports in VCCircle said. Growth Street.

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Chatbots Bringing On Business Operations Revolution?

PYMNTS

One surprising industry that’s entering this market is insurance. car insurance comparison tool that’s now being made available via Facebook Messenger. She said, “Our Facebook Messenger virtual agent experience is faster than any website or mobile app and easier to use than any online form. Cambridge, Mass.–based Through its $4.6