News

eCommerce
Amazon’s Black Friday Football Kicks Off QR Code Retail Renaissance
November 28, 2023

No doubt you’ve gotten them in the mail: QR codes from local and national merchants. The codes contain a wealth of information, and offer to unlock special promotions and deals with a quick scan from a smartphone. And this past weekend, during the Thanksgiving holiday,...

Retail
Retailers Play the Value Card to Capture Consumer Spend
November 28, 2023

Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value to the customer. And if that value didn’t strike a chord with the customer, they weren’t window shopping — they...

IPO
Report: Reddit Talking With Potential Investors for IPO 
November 27, 2023

Reddit is reportedly in talks with potential investors for an initial public offering (IPO).  The social media company is considering going public as early as the first quarter of 2024, Bloomberg reported Monday (Nov. 27), citing unnamed sources.  Reached for comment, a Reddit spokesperson declined to comment on...

IPO
Report: Shein Files to Go Public, Aims to Top $66 Billion Valuation
November 27, 2023

Shein has reportedly confidentially filed to go public in the United States, potentially making it one of the biggest initial public offerings (IPOs) in recent years.  The online fashion company’s IPO is expected to take place in 2024, the Wall Street Journal (WSJ) reported Monday (Nov. 27), citing...

Retail
Allbirds Looks to Amazon to Boost Demand 
November 27, 2023

After recently disclosing another quarter of unsatisfactory earnings, footwear and fashion firm Allbirds is betting on a new partnership with Amazon to boost its likeability and relevancy with consumers.   During a recent conference call with analysts, Allbirds acknowledged its ongoing efforts to rectify the fallout...

B2B Payments
Spryker Adds Middleware That Facilitates Data Integrations
November 27, 2023

Spryker, a composable commerce platform, launched middleware that makes data integrations easier. The middleware is one of several product updates aimed at boosting business efficiency, reducing development time and delivering a more personalized user experience for the company’s global customers, Spryker said in a Monday...

Investments
Construex Raises $4.6 Million to Digitize Latin American Construction Industry
November 27, 2023

Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. “This is our first step towards our expansion across LatAm,” the company said in a Monday (Nov. 27) post on LinkedIn....

Retail
Tesco Adds Scan-Free Kiosks as Grocers Try New Self-Checkout Systems
November 27, 2023

British grocery giant Tesco is trying out a new, more frictionless type of self-service kiosk, as grocers around the world are trying new ways to save on cashier labor and boost store efficiency. The United Kingdom grocer announced Thursday (Nov. 23) that it is adding...

Investments
Mozaic Raises $20 Million to Expand Payment Platform for Creators
November 27, 2023

Mozaic has raised $20 million to expand its payment platform for creators. “We are thrilled to announce Mozaic’s $20M raise from Volition Capital to help creators and teams all over the world get paid together,” the company said in a Monday (Nov. 27) post on...