Can a startup based on supply chain logistics seriously take on Amazon and make a dent? Marc Lore, co-founder of Diapers.com parent company Quidsi, apparently thinks so and he’s actively raising $600 million to make it happen, reports Recode. The story describes Lore’s effort, called...
Just another Tuesday in September. In case you missed it, big news was made Tuesday (Sept. 30) in payments-land. eBay and PayPal will split and become two separate, publicly traded companies sometime late in 2015. There will be two new CEOs of these companies –...
The Stripe Connect platform has gotten a major vote of confidence from General Catalyst Partners. The firm is set to invest $10 million for market-changing business and apps built on the Stripe API. Stripe has recently struck deals with some major tech and social media...
Dwolla hit the market with a simple enough goal: build a scalable, global payment network capable of taking on national automated clearing houses and card schemes. The goal is and was to create an easy and low cost way to move money. With $9.7 million...
The PayPal/EBay separation is a story of contradictions. eBay says that the fast pace of the payments space—and the huge recent changes (Apple Pay and Alibaba’s IPO)—require a move right away: So they’re saying that they will separate by the end of 2015. The eBay...
The Whole Foods grocery chain is trialing a one-hour mobile delivery program, where shoppers place their orders on a smartphone, in 15 cities in the U.S.. The trial, done with vendor Instacart, is being offered in Atlanta; Austin; Boston; Boulder; Chicago; Denver; Houston; Los Angeles;...
Wanting to keep its most critical pilots near its headquarters in Bentonville, the world’s largest retail chain this began filling same-day Internet grocery purchases at a drive-thru facility in Bentonville on Tuesday (Sept. 29). Walmart dubbed the test “Walmart Pickup—Grocery” and said that it “continues...
Declaring that “the industry landscape is changing and each business faces different competitive opportunities and challenges,” eBay CEO John Donahoe announced Tuesday (Sept. 30) that PayPal will be split into its own publicly-traded company. The Donahoe statement said that “eBay and PayPal will be sharper...
Loyalty and CRM services and technology company Brierley+Partners has announced Google Wallet support that will allow customers to better organize their various loyalty programs. Brierley clients will be able to use their g-wallet to conveniently store all of their loyalty program cards in one place,...
