Touchcast Notches $55 Million Series A Funding For Virtual Events Platform
Touchcast Notches $55 Million Series A Funding For Virtual Events Platform
February 03, 2021  |  Investments

Virtual experience startup Touchcast raised $55 million in a series A funding round led by Accenture Ventures, Alexander Capital Ventures, Saatchi Invest, Ronald Lauder and...

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Study: Gift Card Sales Fell More Than 30 Pct In 2020
Study: Gift Card Sales Fell More Than 30 Pct In 2020
February 03, 2021  |  Retail

Customer experience management platform provider Paytronix released its annual restaurant gift card sales report, which found that gift card sales declined in 2020. They dropped 31.8...

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Buy Now, Pay Later Startup Klarna Posts Record US Growth
Buy Now, Pay Later Startup Klarna Posts Record US Growth
February 03, 2021  |  Buy Now Pay Later

Swedish eCommerce payments platform Klarna is seeing uninterrupted growth, with record-high expansion in new users, retail partners and app downloads. Get the Full Story Complete...

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Today In Payments: Uber Buys Alcohol Delivery Startup Drizly; Amazon Q4 Net Sales Top $100 Billion
Today In Payments: Uber Buys Alcohol Delivery Startup Drizly; Amazon Q4 Net Sales Top $100...
February 03, 2021  |  News

In today’s top news, Uber is acquiring alcohol delivery startup Drizly, and Amazon marked its first $100 billion quarter. Plus, VEON has partnered with Mastercard...

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Jeff Bezos Steps Away As The Amazon Effect Intensifies
Jeff Bezos Steps Away As The Amazon Effect Intensifies
February 03, 2021  |  Amazon

Jeff Bezos is stepping away. After over two and a half decades at the helm of Amazon, Bezos will be handing off CEO responsibilities at...

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Uber Eats Commits $20 Million To Support Independent Restaurants
Uber Eats Commits $20 Million To Support Independent Restaurants
February 03, 2021  |  Retail

Uber Eats is introducing Eat Local, an initiative to advance support for independent restaurant owners and operators amid continuing pandemic-related challenges. Get the Full Story...

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Good Eggs Raises $100 Million To Expand Online Grocery Delivery
Good Eggs Raises $100 Million To Expand Online Grocery Delivery
February 03, 2021  |  Investments

San Francisco-based Good Eggs, a grocery delivery service that specializes in locally sourced products, has raised $100 million to expand into Southern California. Get the...

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Robinhood’s Public Filing Could Be Delayed Over GameStop Turmoil
Robinhood’s Public Filing Could Be Delayed Over GameStop Turmoil
February 03, 2021  |  IPO

Robinhood’s plans for an initial public offering (IPO) could be on hold following the GameStop debacle that ended in a suspension of trading last week,...

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Today In Retail: Cart.com Purchases D2C Firm; Online Shopping Spike Fuels UPS’ Record Quarterly Revenues
Today In Retail: Cart.com Purchases D2C Firm; Online Shopping Spike Fuels UPS’ Record Quarterly Revenues
February 03, 2021  |  Retail

In today’s top retail news, Cart.com unveiled its purchase of Cheap Cheap Moving Boxes, while UPS revealed consolidated revenue of $24.9 billion for Q4 2020....

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