News

Investments
Germany’s Ada Health Raises $90 Million Series B Led By Bayer
May 27, 2021

Germany’s digital healthcare startup Ada Health raised $90 million in a series B fundraise led by Leaps by Bayer, the impact investment arm of Bayer. Samsung Catalyst Fund, Vitruvian Partners, Inteligo Bank, F4 and Mutschler Ventures, also participated in the round. Get the Full Story...

IPO
Consumer Savings App Acorns To Go Public Via SPAC At $2.2B Valuation
May 27, 2021

Acorns Grow Inc., which offers a savings and investing app, is poised to go public by combining with Pioneer Merger Corp, a special-purpose acquisition company (SPAC) that is traded on Nasdaq. The combined company, with a valuation of about $2.2 billion, is expected to be...

Retail
Discounters, Off-Price Retailers Face A Future Without Stimulus Checks
May 27, 2021

While the final round of $1,400 stimulus checks issued in March may feel like ancient history to some, for the retailers that cater to the bargain-hunting and budget-minded consumers that received those funds, each passing day — and quarter — is a cold reminder that...

Retail
Merchants On WooCommerce, Square, GoDaddy Can Soon Integrate With Google
May 27, 2021

Merchants on WooCommerce, Square and GoDaddy will be able to integrate with Google in the near future at no cost, according to a Thursday (May 27) blog post from Google, which announced a slew of new and upcoming commerce features. Get the Full Story Complete...

Retail
Mall-Based Retailers Have Their Moment Ahead Of Memorial Day
May 27, 2021

Two-thirds of the way through the second quarter, on the cusp of Memorial Day weekend and the unofficial kick-off of summer, with mask requirements being lifted across the nation, a coterie of marquee mall-based retailers has suddenly found themselves back in style again. Get the...

Retail
Best Buy Earnings Show Positive Impact Of Stay-at-Home Economy
May 27, 2021

Amid the pandemic, we want our electronics – the TVs, tablets and devices keeping us tethered, at least digitally, to family and friends and binge-watching … and we want more of them. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
ShipBob Teams With Walmart To Enable 2-Day Shipping For Marketplace Sellers
May 27, 2021

Logistics platform ShipBob has officially teamed with Walmart and is listed as a shipping and fulfillment offering for the retailer’s marketplace sellers, according to a Thursday (May 27) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
India’s Paytm Eyes $3 Billion IPO At $25 Billion Valuation
May 27, 2021

Indian payments provider Paytm is eyeing a $3 billion (218 billion rupee) initial public offering (IPO) at a valuation of $25 billion to $30 billion that could be the biggest the country has ever seen, Bloomberg reported on Thursday (May 27), citing an unnamed source....

Retail
eCommerce Powers e.l.f. Beauty’s Net Sales Surge
May 27, 2021

e.l.f. Beauty reported that net sales surged by 24 percent to $92.7 million for Q4 fiscal 2021, mainly fueled by “strength in eCommerce, international and our national retailers,” according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy...