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Shopify’s total revenue for Q4 was $279 million CAD.
DMS Recommends: Tech trends for business in 2018 (TECHCRUNCH)
Three talked-about technology trends could change the way you and your team work in the coming year. Here’s what you need to know.
H-E-B acquires Texas-based on-demand company Favor (TECHCRUNCH)
The acquisition comes at a time when the grocery retailer industry is in flux, preparing for a boom of online grocery shopping on the consumer side.
Despite some negative views of some technologies uncovered by this research, the retail sector should not take these findings as an argument to bring all technology projects to a screeching halt.
Chinese e-commerce giant JD.com is raising the investment capital from a range of backers who include Hillhouse Capital, Sequoia China, China Merchants Group, Tencent, and others.
Lumi.com raises $9M in Series A funding (FINSMES)
Lumi, which helps e-commerce companies produce custom packaging through an online platform and worldwide network of factories to ship different products, raised the funding from Spark Capital, Forerunner Ventures, and Homebrew.
Shopify will also be used in brick-and-mortar stores to process transactions on iPads.
With the Target partnership and newly launched Honeyfund integration, couples can now register for everything they want – including both physical gifts and cash gifts – from a single destination.
CommonSense Robotics raises $20 million Series A funding for automated grocery fulfillment centers (ZDNET)
The funds will be used to develop robotics and AI for “micro-fulfillment centers,” which are automated grocery fulfillment centers that could help grocery catch up to the rest of ecommerce.
The company is doubling down on its online and in-store retail experiences.