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Flipkart leads $60M investment in logistics startup Shadowfax

Flipkart leads M investment in logistics startup Shadowfax Walmart’s Flipkart has backed Shadowfax in a new $60 million financing round as the retail giant works to strengthen its logistics network in the nation. Flipkart led the Series D financing round for the four-year-old Bangalore-based startup, Shadowfax co-founder and chief executive Abhishek Bansal […]

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Daily Crunch: Cyber Monday is bigger than ever

Daily Crunch: Cyber Monday is bigger than ever The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Cyber Monday totalled $9.2B in US online sales, smartphones accounted […]

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Cyber Monday totalled $9.2B in US online sales, smartphones accounted for a record $3B

Cyber Monday totalled .2B in US online sales, smartphones accounted for a record B Cyber Monday — the final day of the extended Thanksgiving weekend that traditionally kicks off holiday season spend — broke another e-commerce record: US shoppers racked up a total of $9.2 billion in online sales, according to figures […]

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Tuft & Needle exposed thousands of customer shipping labels

Tuft & Needle exposed thousands of customer shipping labels Mattress and bedding giant Tuft & Needle left hundreds of thousands of FedEx shipping labels containing customer names, addresses, and phone numbers on an unprotected cloud server. More than 236,400 shipping labels were found on an Amazon Web Services (AWS) storage bucket without […]

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Cyber Monday on track to deliver $9.4B in U.S. online sales

Cyber Monday on track to deliver .4B in U.S. online sales Cyber Monday online sales are on track to hit $9.4 billion today, a figure that’s up 18.9% year-over-year, and even larger than Black Friday’s record-breaking $7.4 billion in online sales, according to analytics from Adobe. As of 9 AM Eastern on […]

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Vinted, the second-hand clothes marketplace, raises $141M at a $1B+ valuation

Vinted, the second-hand clothes marketplace, raises 1M at a B+ valuation The market for second-hand clothes — the “circular economy” as it’s sometimes called — has been on the rise in the last several years, fuelled by economic crunches, a desire to make more responsible and less wasteful fashion choices, and a […]

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Trouva, an online marketplace for independent boutiques, raises $22M

Trouva, an online marketplace for independent boutiques, raises M Amazon helped pioneer and now dominates the online marketplace business model, where a variety of merchants post items for sale on its platform for billions of consumers to discover and buy them. Today, a London startup that’s taken that idea but is applying […]

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Beer-loving commerce startup TapRm raises $1.5M

Beer-loving commerce startup TapRm raises .5M Jason Sherman, founder and CEO of TapRm (pronounced “taproom”), says it’s time for beer-lovers to do more of their shopping online. It’s an industry that Sherman knows well, having worked as an attorney at Anheuser Busch and at the alcohol giant’s ZX Ventures incubator. He said […]

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Disney releases cringe-worthy Baby Yoda merch

Disney releases cringe-worthy Baby Yoda merch Who could have guessed an adorable, big-eyed baby Star Wars alien would have generated a ton of demand for toys? Apparently not Disney, which today started to sell merchandise based on The Child from new Disney+ show The Mandalorian, commonly known as “Baby Yoda”. The shirts, […]

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Vistaprint left a customer service database unprotected, exposing calls, chats and emails

Vistaprint left a customer service database unprotected, exposing calls, chats and emails A security researcher has found an exposed database on the internet belonging to online printing giant Vistaprint. Security researcher Oliver Hough discovered the unencrypted database last week. There was no password on the database, allowing anyone to access the data […]

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