Temu-owner PDD Holdings Profit Dives
Chinese e-commerce firm PDD Holdings (PDD.O) saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion) as its domestic platform suffered from intense
May 31, 2025
Merger & Acquisition in African B2B E-Commerce and Fintech Sector
MaxAB-Wasoko’s acquisition of Egyptian B2B marketplace Fatura exemplifies the accelerating consolidation in Africa’s B2B e-commerce and fintech sectors as firms aim to scale regionally and
May 25, 2025
Nuvei Joins the European Payments Initiative to Launch Wero for E-commerce
Nuvei, the Canadian fintech and payments company, has joined the European Payments Initiative (EPI) to integrate Wero, a digital wallet supporting instant SEPA account-to-account transfers,
May 17, 2025
Costco Makes Deal with Affirm Giving E-commerce Shoppers Payment Plans
Costco has partnered with Affirm to offer buy-now, pay-later (BNPL) options to its online e-commerce shoppers, enabling approved customers to pay for purchases in monthly
May 11, 2025
Deliveroo Shares Soar to Three-Year High After U.S. Giant DoorDash Makes Takeover Bid
Online e-commerce food delivery company Deliveroo’s shares surged over 17% to a three-year high after confirming a $3.6 billion takeover bid from U.S.-based DoorDash, prompting
May 4, 2025
Phoebe Gates Launches E-Commerce Startup Phia
Phoebe Gates, alongside Sophia Kianni, launched Phia, a web extension and app that helps users find the best online fashion deals, inspired by their passion
April 27, 2025
Viola FinTech Leads $10M Blue Onion Series A
Blue Onion, an AI-powered e-commerce sub-ledger, raised $10 million in Series A funding led by Viola FinTech, bringing its total funding to $17.6 million. The
April 20, 2025
SILQ Group Raises $110 Million to Disrupt Global B2B E-commerce
SILQ Group, formed through the merger of Bangladesh’s ShopUp and Saudi Arabia’s Sary marketplaces, has raised $110 million to become the largest B2B commerce platform
April 12, 2025
Hydrolix Lands $80M to Help Companies Manage Massive Volumes of Log Data
Hydrolix, a Portland-based startup, raised $80 million in Series C funding to enhance its real-time log data storage and analysis capabilities, serving sectors like fintech,
April 5, 2025