Senegalese logistics and delivery company PAPS raises $4.5M led by 4DX Ventures and Orange

Multinationals like Amazon and Alibaba have leveraged logistics infrastructure such as UPS and FedEx to create large businesses. It’s not the same in Africa, where few third-party infrastructure players exist to provide end-to-end logistics to e-commerce companies. PAPS, a Senegal-based logistics and delivery company, is filling this gap in its region by offering customers various logistics […]

Shopify and China’s JD.com team up to capture cross-border sellers

Two of the world’s largest e-commerce players are joining joined hands. Major Chinese online retailer JD.com has formed a strategic partnership with Ottawa-based Shopify to help global brands tap China’s enormous appetite for imported goods, as well as helping Chinese merchants sell overseas. The news is turning heads in China’s cross-border e-commerce community. The first […]

Amazon rows back on threat to stop accepting UK-issued Visa cards

Amazon appears to have rowed back from a public threat to end support for Visa payments in the UK in a dispute over payment fees. The ecommerce giant sent an email to users of Amazon.co.uk today informing them that the “expected change” — which was due to take place on January 19 — will not […]

7bridges raises $17M to automate logistics supply chains using AI

Supply chain logistics — getting components and eventually finished products from A to B to C — is one of the most critical parts of running a business, not least because it is one of the most complex, involving dozens of companies, hundreds of combinations and permutations, accounting for world events outside of your business, […]

Fresh round of $355M lifts online checkout company Bolt into decacorn territory

Checkout technology company Bolt continues to make quick work of attracting new capital. The company announced Friday $355 million in Series E financing to give Bolt an $11 billion valuation, according to sources close to the company. Bolt’s one-click checkout product aims to give businesses the same technology Amazon has been known for since 1997, […]

Seel secures $17M round to infuse AI in customer product returns

Product returns remain a headache for many e-commerce companies. Some have gotten creative in how they approach it — for example, Amazon formed relationships with Kohl’s and Stein Mart for in-person returns, while PayPal acquired returns provider Happy Returns. Seel’s return option example. Image Credits: Seel Aiming to give merchants more control over this, Seel, […]

Second Amazon warehouse union vote planned for next month via mail-in ballot

The National Labor Relations Board today issued an announcement detailing plans for a second vote among Amazon’s Bessemer, Alabama warehouse employees. The planned follow-up would be conducted via USPS mail-in ballots, which will be mailed out February 4 and counted March 28. Late last year, the director of the NLRB’s 10th region announced that a […]