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Upsie’s direct-to-consumer swing at the warranty space nets $18.2M

TechCrunch

Clarence Bethea (pictured below) founded Upsie after realizing the significant markup that retailers were placing on warranties. His goal was to focus not on the retailer, but rather the end user and making the process more transparent, more affordable and simpler. A number of angels also put money in the round. .

.Net 248
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Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

TechCrunch

This means that Sabi tries to complement the middlemen ( mainly distributors) in the B2B e-commerce retail chain rather than replace them, a model familiar with other prominent B2B e-commerce retail startups such as Sokowatch, MaxAB TradeDepot and Twiga. We’re not trying to be, you know, a tech-enabled digital distributor.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Come together, right now…over e-commerce : Amazon joined an India-backed e-commerce initiative that interestingly enough was challenging the retail giant’s seeming monopoly in the market, Manish writes. net loss for Q4 2022 by Christine Hall originally published on TechCrunch You can’t do that : The U.S. Rebecca has more.

.Net 246
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Productsup raises $70M to help retailers navigate sales strategies in the choppy world of e-commerce

TechCrunch

To many people, e-commerce is synonymous with shopping on Amazon, but the reality is that a retailer has the option to use a bundle of different channels to sell and market products, and many do. In order to succeed in this ever-changing landscape, retailers need a solution that can manage these channels seamlessly.”

Retail 213
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Lablaco seeks to help usher in the new era of web3 digitized retail

TechCrunch

The future of digital retail has arrived in Paris, naturally. Today, SPIN by lablaco, launched its first digitized retail experience called Web3 Fashion: The Origin Story at the famed Galeries Lafayette Champs-Élysées. This is not something we can invent with AI in a few seconds.

Retail 186
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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Shanthakumar, Solution Architect – IoT, Retail Business Unit, TCS.

Retail 158
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B2B marketplaces will be the next billion-dollar e-commerce startups

TechCrunch

Financing: It is customary in B2B transactions to pay “with terms,” such as net 30 or net 60, effectively giving a line of credit to the business buyer that enables them to send payment after delivery of the good or service. Nearly half of B2B payments are still made by paper check, but digital payment solutions are quickly gaining.

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