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IoT Events acquires Dx3 (BETAKIT)
For the past seven years, the Dx3 Conference in Toronto worked to connect Canada’s retail, digital marketing, and tech communities, attracting over 3,800 attendees.
DMS Recommends: How wireless technology is transforming independent retail (DIGITALMAINSTREET)
Boost your business by adopting some of the strategies and tactics of large retailers.
A new report by Reuters claims Microsoft is in the process of developing its own systems for tracking what people place in their shopping carts, but doesn’t offer the details of how Microsoft’s technology operates, or how it may differ from others on the market.
Google’s new feature, called “See What’s In Store,” will let physical stores provide a list of their inventory for free both in their Knowledge Panels (the boxes that appear in the right-hand column in the search results for a particular business) as well as on Google Maps.
London farmers’ market delivery startup Farmdrop raises a fresh £10m in Series B investment round (CITYAM)
The funding was led by LGT Impact Ventures and Belltown Ventures.
Macy’s acquires minority stake in tech retailer b8ta (TECHCRUNCH)
By partnering with b8ta, Macy’s envisions being able to scale its Market concept faster.
The round was led by Elsewhere Partners, with participation from existing investors Round13 Capital and Globalive Capital.
LOLA just raised $24M for a subscription service that ships tampons, pads, and now condoms (TECHCRUNCH)
The new round of financing was led by private equity firm Alliance Consumer Growth (ACG), with support from existing investors Spark Capital, Lerer Hippeau, and Brand Foundry Ventures.
Some retailers, including Adidas, Aritzia, and The Kooples can tag and link directly to their products. Instagram users can click on the link and buy the item directly, without having to leave the app.
RBC says the Carrot Rewards partnership part of a larger commitment of over $15 million to health and wellness programs across Canada.
Opendoor raises $325M as it battles Redfin and Zillow in competitive homebuying and selling market (GEEKWIRE)
Homebuilding company Lennar, General Atlantic, and Access Technology Ventures led the round.