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FinTech startup PayBright raises $34 million in growth equity from goeasy(BETAKIT)
Toronto-based FinTech company PayBright has raised $34 million in growth equity from alternative financing provider goeasy Ltd.
Huboo raises £1M to take the pain out of e-commerce fulfilment(TECHCRUNCH)
Huboo, a U.K. startup that operates a multi-channel fulfillment service for e-commerce businesses of varying sizes, has raised £1 million in seed funding.
Here’s how Scott Galloway thinks Shopify could supplant Amazon(BETAKIT)
Scott Galloway, a professor at New York University’s Stern School of Business, says one of the biggest unexpected threats to e-commerce giant Amazon could be Shopify.
Why Walmart’s Flipkart is betting heavily on Hindi(TECHCRUNCH)
To win India’s next 200 million internet users, e-commerce giant Flipkart wants to speak their language.
Automotive leasing startup OTO Capital raises Rs 10 Cr from Prime Venture Partners(YOURSTORY)
OTO Capital’s funding from Prime Venture Partners will be deployed to strengthen the startup’s technology platform, and scale presence to 10 cities across India by June 2020.
Alibaba buys NetEase Online Mall for $2 billion in rare pact(BLOOMBERG)
The deal hands Alibaba the biggest Chinese online marketplace for foreign brands after its own Tmall Import and Export.
Bellwether Coffee, ‘the fastest-growing company in coffee,’ raises $40M Series B(RETAILDIVE)
There’s an arms race in retail to produce better coffee, and one startup, Bellwether Coffee, thinks it has the solution for retailers to sell the very best beans.
Alibaba Group to launch first fully-owned ecommerce business in India(YOURSTORY)
The Chinese behemoth said it is planning to foray in the ecommerce space through its subsidiary UCWeb, and that its entry will not have an adverse impact on Paytm or Snapdeal.