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Shopify strikes deal to offer payment solution on Facebook, Instagram (BETAKIT)
Shopify has expanded its payment offering, Shop Pay, to Facebook and Instagram, making it available to merchants selling on the two social media platforms.
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Tobi vs. Goliath: How Shopify is bracing for a looming battle with Amazon (THE GLOBE AND MAIL)
Is this Shopify’s moment of triumph – or moment of truth?
Amazon faces biggest union push in its history (AP NEWS)
If organizers succeed in Bessemer, it could set off a chain reaction across Amazon’s operations nationwide, with thousands more workers rising up and demanding better working conditions.
Coupang, South Korean e-commerce giant, unveils U.S. IPO plan (WALL STREET JOURNAL)
Coupang Inc., the South Korean e-commerce giant, unveiled its filing for a U.S. initial public offering that is expected to be the largest from a foreign company since Alibaba Group Holding Ltd. ’s blockbuster 2014 debut.
Thrasio raises $750M more in equity for its Amazon roll-up play (TECHCRUNCH)
Thrasio to date has acquired nearly 100 FBA businesses says that it reached that number by way of evaluating 6,000 possible companies and 14,000 “category-leading products.”
Disrupting Latam’s grocery market: online retailer Jüsto bags $65M Series A (CRUNCHBASE)
Online supermarket Jüsto raised its third round of capital in less than 12 months, this time, bringing in $65 million in Series A funding.
Uber’s pandemic delivery boom fails to offset sales decline (BNN BLOOMBERG)
Uber Technologies Inc. reported declining revenue in the fourth quarter, showing that demand for food delivery isn’t making up for a falloff in ridership.
Uber Eats couriers say new pay system dropped wages (THE GLOBE AND MAIL)
Uber Eats couriers working in Ontario say they’re earning as little as $3.99 per trip before tips, months after the food delivery service implemented a new pay policy in the middle of the COVID-19 pandemic.
‘We’re like a broker’: Inside Amazon’s opaque editorial recommendations ecosystem (MODERN RETAIL)
Publishers recommendations are being featured in Amazon’s own marketplace, and sellers are finding new ways to capitalize.
Initiative to promote Black-owned businesses goes national with launch of new database (CBC)
How one entrepreneur is hoping to push the ‘buy Black’ movement into higher gear.