R|T: The Retail Times – 2020’s future of retail


The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.

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Lightspeed to acquire Germany’s Gastrofix to snag more European customers(BETAKIT)

Lightspeed POS has announced that it is set to acquire German POS systems developer Gastrofix for $131 million CAD.

Amazon partners with India’s second largest retailer to sell its goods online(TECHCRUNCH)

Amazon is deepening its relationship with India’s second largest retail chain, Future Retail, as the e-commerce giant widens its footprint in one of its key overseas markets.

“The media always tries to craft an SHOP vs. [company] narrative”(TWITTER)

Shopify CEO Tobi Lütke takes to Twitter to call out false narratives following Mark Zuckerberg’s recent eCommerce comments.

The future of retail: What 2020 and beyond will bring to the industry(RETAILDIVE)

A discussion with retail futurist Doug Stephens as a new decade dawns.

Cowboy, e-bike startup, raises €4.2 million and becomes Crowdcube’s largest ever cleantech raise(EUSTARTUPS)

Cowboy’s achievements include selling over 5,000 bikes in 2019 alone, 5 x year on year growth, 3,482,713 km ridden and 435,375 kgs saved in carbon emissions, and is creating a community of loyal fans.

Just Spices, the German spice mix startup, raises €13M Series B(TECHCRUNCH)

A direct to consumer play, Just Spices offers two main product lines: Spice Mixes and “IN MINUTES”.

Soul Machines raises $40 million for AI-powered customer-facing digital avatars(VENTUREBEAT)

Virtual avatars might well be the future of customer support.

Zomato raises $150 million at $3 billion valuation from Ant Financial(INC42)

The investment is reportedly a part of a larger $500 Mn funding round, which was confirmed by Zomato CEO Deepinder Goyal in December.

Logistics startup Ripplr raises seed funding from 3one4 Capital, Sprout Venture(VCCIRCLE)

Intelligent Retail Pvt. Ltd, which operates logistics and distribution startup Ripplr, has raised capital in a seed funding round led by early-stage venture capital firms 3one4 Capital and Sprout Venture Partners.

‘Alexa, pay for gas’ command to work at over 11,500 Exxon and Mobil stations this year(TECHCRUNCH)

Pumping gas is not that difficult, but Amazon thinks the process could be even easier by way of a voice command, spoken aloud when you arrive at the pump.

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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