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Investments
AI Platform Dataiku Reaches $4.6B Valuation With $400M Series E
August 05, 2021

Everyday artificial intelligence (AI) platform Dataiku announced on Thursday (Aug. 5) that it had brought in $400 million in a Series E investment led by Tiger Global. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Hopin All-in-One Events Platform Nets $450M In Series D Funding
August 05, 2021

Hopin, the London-based all-in-one platform for creating virtual, hybrid and in-person events, announced on Thursday (Aug. 5) that it has raised $450 million in Series D funding. New investors Arena Holdings and Altimeter Capital led the funding round, with financial support being used to expedite...

Investments
Indian Neobank Jupiter Raises $45M In New Funding Round
August 05, 2021

Indian neobank Jupiter has raised $45 million in a new funding round, its founder and CEO announced Thursday (Aug. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
SentiLink Raises $70M To Bolster ID Verification
August 05, 2021

SentiLink, a provider of identity verification technology, announced on Thursday (Aug. 5) that it has raised $70 million in a Series B funding round. David Sacks of Craft Ventures led the round, which included participation from Felicis Ventures, Andreessen Horowitz and NYCA. The latest funding...

Delivery
Uber Reigns In Restaurant Delivery, Eyes Grocery Growth
August 05, 2021

Uber Eats might be winning the food delivery race. On Wednesday (Aug. 4), the company revealed in a presentation shared with analysts that its delivery business totaled $52 billion in annualized gross merchandise value (GMV) in the second quarter of 2021, which was split about...

Retail
Etsy CFO Says Pandemic Buyers ‘At Least As Valuable’ As Pre-COVID Users
August 05, 2021

Despite concerns that consumers who flocked to Etsy at the height of the pandemic would disappear when more shopping options became available, executives at the online marketplace say they’ve seen nothing to suggest that is happening. Get the Full Story Complete the form to unlock...

Retail
Wayfair Sees Decline In Active Customers Amid ‘Murkiest Moment’ Of 2021
August 05, 2021

Furnishings and home goods retailer Wayfair said the fundamentals driving growth of online furniture sales remain intact despite falling orders and active customers in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
eCommerce Needs To Evolve Beyond Decades-Old Transaction-Based Mindset
August 05, 2021

Shopping at most merchants online has a familiar feel: A webpage with a photo grid of 25 or so items, each with a description or fun product name. Maybe the items expand when your mouse hovers over them; maybe a chatbot says hello. But other...

Retail
Toy Industry Grows 19 Pct In First Half Of Year As Consumers Head Outside
August 05, 2021

The U.S. toy industry grew almost 20 percent in the first half of 2021, up $1.7 billion to $11 billion, according to The NPD Group. The industry saw a compound annual growth rate (CAGR) of 9 percent in both dollars and average selling price from...