E-commerce

Profound Raises $35M, Builds Marketers’ Alternative in Post-Search Era
Profound, a New York-based startup helping marketers optimize visibility across AI assistants, has raised $35 million in a Series B led by Sequoia Capital, bringing

Uzbekistan’s First Unicorn, Uzum, Leaps to $1.5B Valuation
Uzum, Uzbekistan’s homegrown unicorn, raised $65.5 million in an all-equity round co-led by Tencent and VR Capital, boosting its valuation to $1.5 billion — up

Chinese E-Commerce Giant JD.com Makes $2.5 Billion Bid t0 Acquire Ceconomy
JD.com, the Chinese e-commerce giant controlled by billionaire Richard Liu, has made a $2.5 billion (€2.2 billion) all-cash offer to acquire Germany’s Ceconomy, which owns

Amazon Venture Fund Backs Startup Developing Fix for Return Fraud
Amazon’s $1B Industrial Innovation Fund has backed Cambridge Terahertz, a startup developing compact 3D imaging technology to combat return fraud by allowing for visual inspection

Paddle Raises $25M to Accelerate Growth and International Expansion
Paddle, the leading Merchant of Record for digital product companies globally, has secured $25 million in growth financing from CIBC Innovation Banking to fuel international

Brainfish: $6.4 Million Pre-Series A Raised for AI-Based Customer Experience Platform
Brainfish, an AI platform that enhances user interaction with digital products, has raised $6.4 million in a pre-Series A round led by Prosus Ventures, bringing