R|T: The Retail Times – Rejecting $400M offers

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TouchBistro partners with Chase to offer instant payment processing (BETAKIT)

Through the WePay partnership — Chase’s platforms providing integrated payments processing to companies like GoFundMe — TouchBistro will gain a platform to market its POS solution on Chase.com and other channels.

Shopify appoints Amy Shapero as chief financial officer (BETAKIT)

Shapero has acted as New York-based Betterment’s CFO since 2016. Before that, she’s had a string of leadership roles at SaaS companies, including CFO at Sailthru, a marketing automation platform, and SVP of strategy at DigitalGlobe, a big data analytics provider.

Target expands curbside pickup (PYMNTS)

Following a beta test in Minnesota, Target is expanding its Drive Up curbside pickup service. By the end of 2018, the retailer plans to introduce the service to nearly 1,000 of its brick-and-mortar stores.

Boxed reportedly rejected $400 million buyout offer from Kroger (TECHCRUNCH)

Boxed was in talks with Kroger to be acquired for about $500 million. At the time, other retailers were rumored to also be making bids. It seems those other interested parties were Amazon, Target, and Costco. However, only Kroger made a bid for Boxed.

Walmart now makes and sells meal kits in stores (THEVERGE)

Unlike Walmart’s first meal kit offerings, its own line of kits will be available for purchase at 250 stores nationwide, with plans to roll out to more than 2,000 stores this year.

Nudnik named winner of PayPal pitch competition at #Dx32018 (BETAKIT)

Nudnik, which creates ethically-produced clothing for children, took the top prize. The startup will receive two tickets to Dx3 2019, a $1,000 deposit into their PayPal account, and a social media profile from journalist Amber Mac.

Capital One’s shopping assistant Eno can now dole out virtual card numbers in the browser (TECHCRUNCH)

The extension instantly creates virtual card numbers when you go to a site’s checkout page, which can then be given nicknames to make them more memorable.

Amazon is playing the long game with low-income Americans (QZ)

Amazon announced an expansion of its discounted Prime membership for low-income Americans earlier this week, saying its $5.99-a-month program would now also be offered to qualifying recipients of Medicaid.

Startup Canada Podcast Ep.127: Transformations through technology with Dx3’s Eric Mercer (BETAKIT)

Eric Mercer is classically trained in consumer marketing at Procter & Gamble, and has worked with global organizations such as Red Bull, Walmart, and Estee Lauder.


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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