The retail technology week in numbers
Do you like numbers? Do you like retail technology? Then this is the article for you.
74% of businesses are boosting their marketing and consumer research budgets this year, to better reach potential customers, according to new research from Stravito.
$11 million…BGF has invested $11 million in Genflow, a startup whose tech platform helps influencers develop their own digital and physical products, to support its global expansion plans.
£1 million…Pricing optimisation specialist, BlackCurve, has closed a £1 million funding round, led by its Chairman, Martin Fincham.
100 million…Amazon has told the new US President, Joe Biden, that it is ready to assist him in reaching the goal of vaccinating 100 million Americans in the first 100 days of his administration.
2,200…A.S. Watson Group and mobile app venture Grab are laying claim to “the largest online and offline health and beauty partnership in Southeast Asia”.
The pair will collaborate across multiple services, starting with GrabExpress, GrabMart and GrabPay, to expand Watsons’ online reach in Southeast Asia.
The partnership means that customers will be able to access health and beauty products from over 2,200 Watsons stores via Grab in Singapore, Indonesia, Malaysia, Thailand, Vietnam, and the Philippines.
$27 million…E-commerce technology venture Bold Commerce has closed a $27 million Series B funding round.
630 million…Hermes UK says that it delivered 630 million parcels in 2020. This is an increase of 250 million from the 2019 figure.
€100 million…Glovo has announced a strategic partnership with Swiss real estate firm, Stoneweg, as the Barcelona-based on demand delivery platform expands its newly launched Q-Commerce division.
Stoneweg will invest €100 million in building and refurbishing prime city real estate in some of Glovo’s key markets.
€5 million…ChannelEngine, a marketplace integration platform for e-commerce players, has landed €5 million in Series A funding led by INKEF Capital, with participation from existing investor Airbridge Equity Partners.
£1 billion…Tesco’s Pay+ mobile payment app, which launched in 2017, surpassed £1 billion in payments shortly before Christmas.
6…Dixons Carphone has given everyone in its business a free, six-month subscription to Calm, an app for lowering stress and boosting wellbeing.
25…The UK Domain, a specialist in small business advice, has revealed the top 100 websites of 2020 in a new study that highlights how our internet behaviours have changed during the coronavirus outbreak.
There were 25 websites in the top 100 that fell into the e-commerce space.
20…AC Milan has announced the impending launch of an $ACM fan token on the Chiliz blockchain.
This takes the number of sporting organisations on the Chiliz blockchain to 20. These include fellow European football clubs FC Barcelona, Paris Saint-Germain, AS Roma, and Atletico Madrid, as well as the UFC.
5,000…Walmart-owned Flipkart is partnering with more than 5,000 retail stores across India in an extension to its SuperCoin rewards programme.
SuperCoin Pay enables retail outlets from across fashion, groceries, food and beverages, travel, and health and wellness to register to begin accepting SuperCoin payments. Customers will be able to pay the full value of their bills, both online and offline, at the aforementioned partner stores.
£75 million…Bloom & Wild, a London-based flower and gift delivery startup, has secured £75 million in Series D funding.
170…Dunelm has deployed JRNI powered curbside and deliver to car functionality at its 170 superstores across England, Scotland and Wales.
25% of consumers relied on online shopping to cheer themselves up on Blue Monday, the so called worst day of the year, according to research from Contentsquare.
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