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Rubikloud raises $46 million Series B from Intel(BETAKIT)
The company is expanding its offices across Europe and Asia to keep up with global demand.
DMS Recommends: These international shipping must-knows make it easier to grow your cross-border e-commerce sales
Modern technology allows even the smallest e-commerce retailer to reach the entire world. Still, instead of pursuing an entire planet of potential customers, many small to medium sized businesses don’t sell beyond their own borders. Here’s a look at some of the high-level issues to consider.
Red Points takes $12M to help brands beat fakes (TECHCRUNCH)
The Series B round was led by Northzone, with participation from previous investors Mangrove and Sabadell Venture Capital.
Five trends that will change the way your customers shop in 2018 (FORBES)
Progressive retailers—online and offline—are finding increasingly creative ways to raise the bar and put an end to the one-size-fits-all approach to retail. Just putting stuff on shelves no longer cuts it. Here are five trends poised to transform shopping for the better in 2018.
Alibaba is trying to reinvent China’s mom-and-pop stores (QZ)
Alibaba has its sights set on a new goal: to bring its cloud computing technology to all of China’s 6 million mom-and-pop convenience stores. In the process, it’s building out its physical footprint to tap into the 85 percent of the country’s retail sales that don’t yet happen online.
Machine learning engineer among Indeed’s jobs to watch in 2018 (BETAKIT)
Postings for fulfillment associates — which work in the fulfillment centres that enable ecommerce companies to outsource warehousing — also grew by 607 percent compared to 2016.
Alibaba leads US$2.75M round in Taiwan e-commerce startup citiesocial (E27)
citiesocial wants to be a one-stop shop for companies that want to grow their brands and market in Asia.
August Access, an in-home delivery service first tested with Walmart, opens to all retailers (TECHCRUNCH)
The service, in partnership with the home delivery company Deliv, will allow retailers’ delivery services to access customers’ homes through smart locks, and then leave packages inside.
Kroger and rivals in talks to buy wholesale startup Boxed for up to $500 million (FORBES)
If acquired, Boxed would provide an instant customer-facing brand for legacy retailers, many of which haven’t yet made ecommerce a meaningful part of their strategies.
A flower giant has reportedly acquired BloomThat, an on-demand flower startup (TECHCRUNCH)
Prior to the reported acquisition, BloomThat had raised $7.5 million from investors like Rothenberg Ventures, Forerunner Ventures, Sherpa Capital and others.