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Amazon to open its first non-Whole Foods grocery store in 2020

Amazon to open its first non-Whole Foods grocery store in 2020 Amazon is opening its first non-Whole Foods grocery store in the L.A. neighborhood of Woodland Hills, the retailer today confirmed. The news of the new store was first reported by CNET, which spotted several job postings referencing the location including those for a zone […]

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OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

OLX Group invests up to 0M in used car marketplace Frontier Car Group at 0M valuation Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus […]

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Prosus makes $6.3B hostile bid for Just Eat; Just Eat rejects deal in favor of Takeaway merger

Prosus makes .3B hostile bid for Just Eat; Just Eat rejects deal in favor of Takeaway merger As Amazon-backed Deliveroo expands into click-and-collect and procurement services to grow its footprint with restaurants in Europe, a food fight among three other takeout and delivery players continues apace in an ongoing consolidation march to compete better against […]

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Alibaba to invest $3.3B to bump its stake in logistics unit Cainiao

Alibaba to invest .3B to bump its stake in logistics unit Cainiao Alibaba is doubling down on its logistics affiliate Cainiao, two years after acquiring a majority stake in the firm. The Chinese giant said today it would invest an additional 23.3 billion yuan (about $3.33 billion) to raise its equity in Cainiao to 63% […]

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Shopify expands into email marketing

Shopify expands into email marketing Shopify continues to expand beyond its core e-commerce platform with a new product called Shopify Email. Shopify’s chief product officer Craig Miller and director of product for marketing technology Michael Perry gave me a quick demo of the product yesterday; Miller argued that they’ve created “the first email product designed […]

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Amazon now sells movie tickets in India

Amazon now sells movie tickets in India Amazon has set its eye on the next business it wants to disrupt in its key overseas market India: online movie tickets. The e-commerce giant said Saturday it has partnered with local online movie ticketing giant BookMyShow to introduce booking option on Amazon India shopping site and app. […]

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WeFarm rakes in $13M to grow its marketplace and network for independent farmers

WeFarm rakes in M to grow its marketplace and network for independent farmers Huge networks like Facebook and LinkedIn have a huge gravitational force in the world of social media — the size of their audiences make them important platforms for advertising and those who want information (for better or worse) to reach as many […]

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Amazon axes $14.99 Amazon Fresh fee, making grocery delivery free for Prime members to boost use

Amazon axes .99 Amazon Fresh fee, making grocery delivery free for Prime members to boost use Amazon is turning up the heat once again in the world of groceries, and specifically grocery delivery, to make its service more enticing in face of competition from Walmart, as well as a host of delivery companies like Postmates. […]

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Kenya’s Twiga Foods eyes West Africa after $30M raise led by Goldman

Kenya’s Twiga Foods eyes West Africa after M raise led by Goldman Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. The B2B food distribution company financed $6.25 million of the funding in convertible debt and $23.75 million in equity, classified as a Series B round. […]

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China Roundup: Xi’s power on bitcoin, the rise of Alibaba’s new rival

China Roundup: Xi’s power on bitcoin, the rise of Alibaba’s new rival Welcome back to TechCrunch’s China roundup, a digest of the latest events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. Alibaba’s nemesis Alibaba’s new rival is shaking up China’s internet landscape. This […]

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