Category Archives: ecommerce

The Ticket Fairy is tech’s best hope against Ticketmaster

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Ticketmaster’s dominance has led to ridiculous service fees, scalpers galore, and exclusive contracts that exploit venues and artists. The moronic approval of venue operator and artist management giant Live Nation’s merger with Ticketmaster in 2010 produced an anti-competitive juggernaut. It pressures venues to sign ticketing contracts under veiled threat that artists would otherwise be routed […] Continue reading The Ticket Fairy is tech’s best hope against Ticketmaster→

Mailchimp expands from email to full marketing platform, says it will make $700M in 2019

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Mailchimp, a bootstrapped startup out of Atlanta, Georgia, is known best as a popular tool for organizations to manage their customer-facing email activities — a profitable business that its CEO told TechCrunch has now grown to around 11 million customers and is on track for $700 million in revenue in 2019. To help hit that […] Continue reading Mailchimp expands from email to full marketing platform, says it will make $700M in 2019→

India’s Locus raises $22 million to expand its logistics management business

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Locus, an Indian startup that uses AI to help businesses map out their logistics, has raised $22 million in Series B funding to expand its operations in international markets. The financing round for the four-year-old startup was led by Falcon Edge Capital and Tiger Global Management . Existing investors Exfinity Venture Partners and Blume Ventures […] Continue reading India’s Locus raises $22 million to expand its logistics management business→

Hackers steal Amazon sellers’ funds in “extensive” attack

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By Uzair Amir
Amazon says it was a “serious” attack targeting 100s of sellers. The American e-commerce and technology giant Amazon.com, Inc. has announced that it was hit by a fraud attack in which unknown hackers targeted over 100 sellers … Continue reading Hackers steal Amazon sellers’ funds in “extensive” attack→

Takeaways from F8 and Facebook’s next phase

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Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Josh Constine and Frederic Lardinois discuss major announcements that came out of Facebook’s F8 conference and dig into how Facebook is trying to redefine itself for the future. Though touted […] Continue reading Takeaways from F8 and Facebook’s next phase→

The Exit: an AI startup’s McPivot

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Five years ago, Dynamic Yield was courting an investment from The New York Times as it looked to shift how publishers paywalled their content. Last month, Chicago-based fast food king McDonald’s bought the Israeli company for $300 million, a source told TechCrunch, with the purpose of rethinking how people order drive-thru chicken nuggets. The pivot […] Continue reading The Exit: an AI startup’s McPivot→

Card-Scraping Malware Compromised AeroGrow Customer Payment Data

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Ecommerce company AeroGrow International is the latest high-profile breach after its buy page was infected with credit card scraping malware for more than four months, AeroGrow announced in a letter to its customers and to the California Office of the … Continue reading Card-Scraping Malware Compromised AeroGrow Customer Payment Data→

Before breaking up with Shopify, Mailchimp quietly acqui-hired LemonStand, a Shopify competitor

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Here’s an interesting twist on the story from last week about the break-up between Shopify and Mailchimp, after the two said they were at odds over how customer data was shared between the two companies. It turns out that before it parted ways with Shopify, Mailchimp had quietly made an acquisition of LemonStand, one of the […] Continue reading Before breaking up with Shopify, Mailchimp quietly acqui-hired LemonStand, a Shopify competitor→