R|T: The Retail Times – Global Tea-commerce

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!

R|T is powered by:

Digital Main Street


BetaKit

eBay acquiring Terapeak to boost its data analytics offering for sellers

Upon the close of the transaction, eBay will begin integrating certain functionality from Terapeak — which helps businesses understand what to sell, when to sell it, and at what price based on supply, demand, and pricing data — into its Seller Hub.


Digital Main Street

DMS Recommends: Build customer loyalty by optimizing your shopping experience

Customer acquisition is often the primary goal of growing ecommerce businesses, but customer retention is the real ticket to growth. Loyal customers create a steady revenue stream that’s easier and less expensive to sustain than finding new customers.


TechCrunch

Commerce platform iZettle raises $47M at a $950M valuation

The commerce platform is based out of Stockholm and competes against companies like Square, Paypal, and SumUp to provide card transactions using smartphones and tablets, as well as related accounting services.


Wired

Half of Amazon app users now use new 1-Click Checkout

The company also expanded same-day delivery and one-day shipping to thousands more cities.


BetaKit

Shopify Plus and Facebook partner with Vantage on new accelerator to help CPGs embrace ecommerce

The accelerator is targeted to CPGs that want to launch an ecommerce store to better reach customers. Facebook, Shopify, and Vantage provide key credits to help accepted companies get started.


TechCrunch

Lily raises $2M from NEA and others for a personal stylist service that considers feelings, not just fit

To better understand a woman’s personal preferences around fashion, Lily uses a combination of algorithms and machine learning techniques to recommend clothing that fits and flatters.


Business Insider

Target to buy Shipt for $550 million in challenge to Amazon

The all-cash deal will let Target customers order groceries and other goods online, and then have the items sent directly to their doors from nearby Target stores.


BetaKit

Toronto’s historic Cabbagetown storefronts filled with entrepreneurs embracing tech

Local entrepreneurs in Toronto are working to grow their business with tech.


TechCrunch

Teabox raises $7M for its global tea-commerce business

The company that pioneered the concept of selling tea direct to consumers online has served up $7 million in fresh funding to grow its five-year-old business.


BetaKit

Create more value than you capture: An oral history of Toronto product development

BetaKit’s first #longform piece looks back at 15 years of Toronto tech.



Subscribe to The Retail Times

Don’t forget to subscribe to The Retail Times using the form below to make sure it hits your email inbox every week!

Subscribe to The Retail Times Newsletter

* indicates required




Amira Zubairi

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.