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Shopify acquires Handshake, marking its third acquisition in six months(BETAKIT)
Shopify has acquired New York-based B2B ecommerce wholesale platform Handshake, to be integrated into the Canadian ecommerce giant’s growing Shopify Plus offering.
Luckin leaves bitter aftertaste, now trading below IPO price(TECHCRUNCH)
In the first few days following Luckin Coffee’s initial public offering, the stock chart for LK looked like a roller coaster. Now it’s looking more like a free fall.
DoorDash is now worth $12.6 billion after new $600 million investment(FORBES)
Just three months after raising $400 million, DoorDash confirmed it has closed another $600 million with New York City hedge fund Darsana Capital Partners leading the round.
Shopify expands native ad options for online marketing(BETAKIT)
Shopify will soon be adding new native ad-buying functions for Facebook and Snapchat, as it looks to make it easier for merchants to access marketing campaigns through their online stores.
Payment card startup Marqeta confirms $260M round at close to $2B valuation(TECHCRUNCH)
Marqeta plans to use this growth round to continue building out its platform with an emphasis on global expansion, founder and CEO Jason Gardner said in an interview.
Toronto-based events e-commerce company AudienceView acquires Vendini(BETAKIT)
AudienceView, a Toronto-based company that produces e-commerce software for events and entertainment organizations, has acquired San Francisco-based Vendini, a ticketing and box office management company.
Ikea’s partner Ingka buys minority stake in home design startup Livspace(MINT)
Online home design startup Livspace said Ingka Group, the franchise partner of furniture giant Ikea, has picked up a minority stake in the company.
A young entrepreneur is building the Amazon of Bangladesh(TECHCRUNCH)
Blending online and offline commerce, Deligram is one of a number of emerging startups in the country.
Mastercard, Samsung partner to safeguard digital identities(RETAILDIVE)
Mastercard and Samsung said in a press release that the two companies would team up to help consumers “conveniently and securely verify their digital identity on the mobile devices they use every day.”