R|T: The Retail Times – Adobe buys Magento

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Digital Main Street

Dooly.ai raises $2 million to automate admin tasks for sales teams (BETAKIT)

Dooly.ai’s platform syncs digital notes, fields, and tasks straight to Salesforce, while providing salespeople and customer success teams with the information they need in real-time based on a support rep’s conversations.

DMS Recommends: The Church-Wellesley Village BIA launches Church Street Pop-Up initiative (DIGITALMAINSTREET)

The Church Wellesley BIA is the first BIA to take on an initiative like this, and in doing so is creating an affordable, non-permanent opportunity for pop-ups in some empty spaces along Church St.

Amazon leads $12M investment in India-based digital insurance startup Acko (TECHCRUNCH)

Acko is likely to work with Amazon around e-commerce coverage — the first focus of which will be around gadget protection — although nothing is set in stone yet.

Kroger buys meal kit maker Home Chef for $200M (RETAILDIVE)

With the acquisition of Home Chef, Kroger gains valuable culinary expertise, scalability, and a known brand.

Amazon’s new Marketplace Appstore connects sellers to software (CNET)

The app store is part of Amazon’s broader push to work more closely with developers of seller tools.

AvenueHQ raises $4.5 million to expand realtor marketing platform across the US (BETAKIT)

AvenueHQ’s platform targets realtors, and provides a team of web designers and digital marketers to manage a realtor’s websites, social media, advertising, and newsletters.

Adyen, payments processor for Spotify and Uber, plans to IPO in June (FASTCOMPANY)

The company announced today that it plans to IPO in Amsterdam next month, seeking a valuation of between €6 billion ($7 billion) and €9 billion ($10.5 billion).

Adobe buys Magento Commerce for $1.68 billion (RETAILTOUCHPOINTS)

The purchase gives Adobe a missing e-commerce platform piece that works in B2B and B2C contexts and should fit nicely in the company’s Experience Cloud.

Amsterdam-based Spaces will open coworking location in Montreal (BETAKIT)

Spaces plans to open five coworking locations in the Greater Montreal Area over the next two years.

Crowd Cow, offering ranch to table meats, picks up $8 million from Madrona, Ashton Kutcher (TECHCRUNCH)

Seattle-based Crowd Cow works with small family farms to let users choose their cow and their cut. Crowd Cow then ships this craft beef directly to a user’s home.

Walmart looks to blockchain for retail product resales (COINDESK)

A new patent application from retail giant Walmart shows how blockchain could be used to augment its digital offerings for consumers.

A new eyewear brand is taking on Luxottica with a single wire, some seed funding and a sustainability story (TECHCRUNCH)

UK-based Wires Glasses has come up with a new design for high-end, direct-to-consumer sunglasses that are original, modular and virtually indestructible.


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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