Wholesale marketplace Qogita has raised 80 million euros in a funding round. The platform wants to use the capital injection for product development and category expansion. The company has now raised a total of 119 million euros. This is only a snippet of a eCommerce Article, please visit the Authors Website and Read the Full Article
Ecommerce fulfillment company Huboo has raised 33.7 million euros (29 million British pounds) in a new funding round. This brings the company’s total amount raised to 141.8 million euros (122 million British pounds). This is only a snippet of a eCommerce Article, please visit the Authors Website and Read the Full Article
Sellers who use certain platforms and marketplaces to purchase USPS shipping labels will pay higher rates effective November 18 on some services, according to an announcement from one such platform. Pirate Ship told sellers this week that USPS is raising rates for Connect eCommerce, the program that allows platforms and marketplaces to offer discounted shipping rates to their merchants. According to the USPS website, other platforms that offer discounted shipping through USPS Connect eCommerce include LABL; ShippingEasy; DPS; EasyShip; ShipKey;…
Explore how Oracle’s decades of dedicated research and development, coupled with the scalability of Oracle Cloud Infrastructure, have led to exceptional performance in Oracle Incentive Compensation for processing extensive enterprise-level data volumes. This is only a snippet of a eCommerce Article, please visit the Authors Website and Read the Full Article
E-commerce Spotify Technology has raised prices for its premium plans across 53 countries including Australia and New Zealand, as the music-streaming company looks to boost profitability in an uncertain economy. In the US, the move will result in a US$1 price increase for Spotify’s plans, with the premium single now starting at $10.99, duo at $14.99, family at $16.99 and the student plan at $5.99. Spotify has moved in recent months to boost margins with hundreds of layoffs and a…
E-commerce Sydney-based waste recycling service RecycleSmart has raised $1.04 million through the crowdfunding platform Birchal. Co-founded by Giorgio Baracchi and Marco Prayer in 2019, the company picks up hard-to-recycle waste from households and sorts and transfers them to specialist recycling partners such as Mobile Muster, APR Plastics and the Red Cross. The company accepts soft plastics, clothes, shoes, e-waste and unwanted clothing which will be picked up for $5 a bag and up to two bags per pick up. “With…
E-commerce Pureplay books retailer Booktopia has raised $8.1 million in capital raising to fund the completion of its Next Gen customer fulfilment centre and enhance its capital position. The raise comprises a $6.5 million two-tranche placement – which is subject to the board’s discretion – and a $1.6 million debt-to-equity conversion, subject to shareholder approval. The loan facility ($5 million) was secured from AFSG Asset Management. Booktopia chairman Peter George said: “After two years of losses, completing the Next Gen…
Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. Knocksense, a hyperlocal content-driven commerce platform, has announced its recent investment from music veteran Lucky Ali. This partnership marks a significant milestone for Knocksense as it continues to revolutionize hyperlocal content, commerce, and live entertainment. Knocksense is actively raising $1 million in its pre-Series A round, with notable participation from investors such as Nitish Mittersain, Mohit Satyanand and others. The celebrated musician…
Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. HyugaLife.com, a health and wellness ecommerce platform, backed by renowned personalities Katrina Kaif and KL Rahul, has closed another funding round, raising $5 million in pre-Series A funding round. The round included existing investors such as Peak XV’ Surge (formerly known as Sequoia India’s Surge & South East Asia) and Early Spring (early stage consumer fund launched by Spring Marketing Capital and…
Spanish returns management software provider Rever has raised 7.5 million euros in a seed funding round. The capital injection will be used to fund the startup’s growth and international expansion. The company will be adding AI-powered functionalities to its offer later this year. Rever is a startup based in Barcelona. Its platform allows merchants to manage returns with real-time data on return requests, refunds and exchanges. It also automates a large part of the returns process. The founders came up…