Cainiao, the logistics arm of Alibaba, is traveling far from home to seek expansion for its business. The company recently launched its first parcel distribution center in Brazil, adding to its regional network of sorting centers in Mexico and Chile, it said Monday. Alibaba’s e-commerce business in China has been hurt by a combination of […]
Zenlytic, a business intelligence tool for commerce, secured $5.4 million in seed funding to continue developing its natural-language interface for non-technical users who want to corral their customer acquisition, conversion and retention software into one tool without needing a data team. Bain Capital Ventures led the round and was joined by other investors, including Primary […]
Klarna is expanding into the competitive world of price comparisons, with the launch of a new tool that compares prices across thousands of retailers. The company quietly rolled out the price comparison service in the U.S. a few weeks back, and is now extending this into additional markets in Europe including The U.K. and the […]
Amazon CEO Andy Jassy is the definition of a company man. In an age when people switch jobs frequently, he has been at Amazon for 25 years, working his way up to president and CEO. But before he reached the corner office, he helped build Amazon Web Services, its cloud arm, into a $60 billion […]
Over a third of food ends up wasted across the globe, with 6% of that occurring in the Latin America and Caribbean regions. Among that waste, the majority of it, around 70%, occurs prior to the consumer stage. This is where Perfekto believes its subscription box of imperfect food can help. Launched in 2021, the […]
We knew it was happening, but U.K.-based online furniture and home accessories retailer Made.com has officially entered administration, confirming previous reports with the appointment yesterday of PricewaterhouseCoopers as administrators. While Made.com had revealed that it was in discussions with potential buyers, nothing materialized in time and the company ceased taking new orders in late October, […]
Amazon is quietly beginning to offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India, tapping its large delivery chain to drive revenue in the key overseas market as the e-commerce group attempts to replicate a model it has been testing in the U.S. for several months. […]
African e-commerce giant Jumia has made a new change in management as co-founders Jeremy Hodara and Sacha Poignonnec step down effective today as co-CEOs, according to a statement seen by ZebethMedia. The two founders, who share the chief executive role, have been at the helm of Africa’s only publicly traded company for over a decade, […]
Some of the best companies only come about because they found a problem worth solving. For Mike Salguero, CEO and co-founder at ButcherBox, the problem and opportunity in the extraordinarily broken space of meat production and distribution simply could not be ignored. Armed with an idea for how to do things differently, the company ran […]
Benitago Group’s website no longer working this week set off an alarm bell for some folks, those who regularly follow the comings-and-goings of active fulfillment-by-Amazon aggregators. They believed it might spell the end for the e-commerce aggregator, which raised $380 million in equity and debt financing last year. Co-founder Benedict Dohmen confirmed to ZebethMedia via […]
