Nov 4, 2021

Retail Technology & E-commerce

Issue #40 — View online — Suggest a link

Retail Tech & E-commerce

Retail Tech & E-commerce news and trends, straight to your inbox 📩

Happy Thursday!

Here’s the scoop on recent fundings and news over the past week, starting with a zoom on the forces shaping the future of Retail - enjoy!

Alice

Twitter

💡 Retail trends

Trends & Technologies Shaping The Retail Industry

Key trends, game-changing technologies & use cases, highlighting how companies in the retail industry are finding and leveraging innovative opportunities.

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💸 'Doing the rounds'

ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt

African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play.

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Thrasio-styled Una Brands nets $15m in series A money

Una Brands, a Singapore-based e-commerce startup, has raised US$15 million in a series A round led by White Star Capital and Alpha JWC. The round also saw participation from existing investors and Ninja Van co-founder Alvin Teo. The development comes after Una Brands raised US$40 million in a seed round five months ago. Like Thrasio, the one-year-old company acquires independent profitable brands with revenues of between US$1 million and US$50 million.

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As post-pandemic e-commerce booms, Rally raises $6M for headless checkout platform

You might have heard of “headless” content management systems, whereby you can run a CMS without being locked into a front-end platform. Well, a similar movement is coming to e-commerce. The latest incarnation of this movement is the news that “headless checkout” startup Rally Commerce Inc. has secured $6 million in seed funding.

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Sponsored by TECHSTARS

How to Scale your eCommerce, D2C or Retail Company: An AMA with Techstars Founders and Managing Director Matt Kozlov

Monday, November 15 at 5:00 pm PST

Join the Techstars LA team and a collection of consumer-focused founders that have been through the program to get a behind-the-scenes look at what it’s like to build a company with Techstars.

The conversation will be moderated by Managing Director Matt Kozlov and Entrepreneur-in-Residence Ana Rosenstein with founders from top consumer companies on hand to answer all your burning questions, including Sumant Yerramilly of Lightbox, Rob Gregg of Gales, and more to come.

🗞 News snippets

Web3 Is Going to Rewrite Your E-Commerce Strategy

Customers want control and convenience. Blockchain will give them both.

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Tesco announces Gorillas rapid grocery delivery tie up

Tesco is launching a pilot with rapid grocery delivery venture Gorillas. The retailer’s customers will be able to order Tesco products to their doors, within 10 minutes, via the Gorillas app.

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