Minnetonka-based e-commerce firm Digital River is shutting down, laying off 122 employees locally and winding down global operations due to financial strain from customer contraction,
Alium, co-founded by CB Insights‘ Jonathan Sherry and Alexandre Testu, launched from stealth mode with $7 million in seed funding from Greycroft and Primary to
Whatnot, a livestream shopping platform specializing in collectibles, raised $265 million in Series E funding at a $5 billion valuation, led by Greycroft, DST Global,
Livestream shopping platform Whatnot raised $265 million at a $5 billion valuation, with backing from major investors like Greycroft, DST Global, and Andreessen Horowitz, to
Rembrand, a leader in in-scene media and virtual product placement powered by AI, has raised $23 million in Series A funding led by super{set}, with
Alibaba Group and E-Mart are forming a 50-50 joint venture, valued at approximately $4 billion, to consolidate their e-commerce operations in South Korea, including Gmarket
AppDirect announced the acquisition of Firstbase, an IT asset management platform, to enhance its B2B commerce platform by integrating telecom, software, and hardware asset management
YouLend has partnered with Polish payment service provider Tpay to support Polish SMEs by offering flexible, revenue-based financing tailored to the e-commerce sector. The partnership
Pereg Ventures, a venture capital firm investing in early-stage US and Israeli startups primarily focused on B2B data solutions, has acquired a majority stake in