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Walmart partners with Rakuten to open its first e-commerce store in Japan – TechCrunch

Walmart partners with Rakuten to open its first e-commerce store in Japan – TechCrunch Walmart is continuing its strategy of revamping its businesses in Asia after the U.S. retail giant opened its first e-commerce store in Japan, where it is working with local retail giant Rakuten. The companies first announced …

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Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’ – TechCrunch

Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’ – TechCrunch Flipkart, the India-based e-commerce firm owned by Walmart, has lost CEO Binny Bansal after he resigned from the company following an investigation into “serious personal misconduct.” Bansal founded Flipkart in 2007 with Sachin Bansal (no relation) and …

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Tiger Global returns with a $3M investment to help restaurants deal with delivery apps – TechCrunch

Tiger Global returns with a $3M investment to help restaurants deal with delivery apps – TechCrunch Tiger Global has returned to backing early-stage Indian startups after it wrote a $3 million check for CheckMate, a U.S.-Indian startup the helps restaurant deals with the pain of multiple food ordering platforms. The …

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India’s Meesho, which enables social commerce via WhatsApp, raises $50M – TechCrunch

India’s Meesho, which enables social commerce via WhatsApp, raises $50M – TechCrunch Meesho, a Bangalore-based social commerce startup, has closed a $50 million investment to grow its business in its Indian homeland ahead of future international expansion. This Series C round means that Meesho, which graduated Y Combinator in 2016, …

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As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and ads – TechCrunch

As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and ads – TechCrunch Despite increasing competition from traditional retailers like Walmart and Target, which have invested heavily in e-commerce, and the whupping it’s routinely taking from Amazon among pure e-commerce companies, eBay the 20-year-old …

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Walmart continues M&A spree with acquisition of lingerie retailer Bare Necessities – TechCrunch

Walmart continues M&A spree with acquisition of lingerie retailer Bare Necessities – TechCrunch Walmart continues to beef up its portfolio of digital brands, announcing on Friday that it had acquired Bare Necessities, an online retailer of lingerie, swimwear, hosiery and other intimates. Walmart declined to disclose the terms of the …

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Meet the woman leading Accel’s consumer growth investments – TechCrunch

Meet the woman leading Accel’s consumer growth investments – TechCrunch As it approaches its 35th year in the venture capital business, Accel is staying true to its promise to continue passing the torch to the younger generation of investors. This week, the firm brought on Maya Noeth as a principal leading its …

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Tiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuation – TechCrunch

Tiger Global is in talks to invest in cryptocurrency unicorn Coinbase at $8B valuation – TechCrunch Days after reports emerged that Tiger Global had led the $245 million round for payments platform Stripe, the firm has set its sights on cryptocurrency trading platform Coinbase. The six-year-old company is in negotiations …

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Amazon makes offline retail push in India – TechCrunch

Amazon makes offline retail push in India – TechCrunch Amazon unleashed a flurry of new products this week at a U.S. press event, but halfway across the world, it is getting deeper into physical retail in the Indian market. The U.S. e-commerce giant is buying up 49 percent of More …

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GreyOrange raises $140M to develop fully-automated robotics for warehouses – TechCrunch

GreyOrange raises $140M to develop fully-automated robotics for warehouses – TechCrunch GreyOrange, a Singapore-headquartered firm that develops robots for warehouses, has pulled in a $140 million Series C funding round as it targets more expansion and growth. The company was started in 2011. Today it has five regional offices across the world — …

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