Tag: ecommerce

New data underscores a slowing e-commerce market – TechCrunch

Back in 2020, Ashwin Ramasamy, a founder at PipeCandy, asked on TechCrunch if the “e-commerce shift” the world was seeing as COVID-19 shook up the global economy would last. The answer was yes. But that doesn’t mean that the same pace of online commerce growth that the world saw during the pandemic will be maintained….

Kenya-based Powered by People gets $5 million seed to scale operations of its wholesale e-commerce platform – TechCrunch

A wholesale e-commerce platform based in Kenya with hubs in the Americas, Asia and Europe, Powered by People, has secured $5 million in seed funding to increase its transaction volumes by growing the number of small brands using its B2B online marketplace to reach international buyers. The equity funding was led by Susa Ventures and…

CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups – TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. The…