R|T: The Retail Times – Alibaba making waves

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

Subscribe to R|T using the form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week!


BetaKit

FinTech startup PayBright raises $34 million in growth equity from goeasy

Toronto-based FinTech company PayBright has raised $34 million in growth equity from alternative financing provider goeasy Ltd.


LATEST JOBS

Loopio – Marketing Manager, Demand Generation

TalentMinded – SVP, Global Services

SHIFT – Growth Manager

See more jobs and post your own on Jobs.BetaKit (powered by Jobbio).


TechCrunch

Huboo raises £1M to take the pain out of e-commerce fulfilment

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.


BetaKit

Here’s how Scott Galloway thinks Shopify could supplant Amazon

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.


TechCrunch

Why Walmart’s Flipkart is betting heavily on Hindi

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

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

The deal hands Alibaba the biggest Chinese online marketplace for foreign brands after its own Tmall Import and Export.


TechCrunch

Bellwether Coffee, ‘the fastest-growing company in coffee,’ raises $40M Series B

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

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.


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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.