RTIH presents the retail technology week in numbers
Do you like numbers? Do you like retail technology? Then this is the article for you.
60…InPost has partnered with Transport for London (TfL) to roll-out more than 60 new parcel lockers across the TfL network over the next three months.
1…Iceland has launched a new convenience store format called Swift. The first location opened yesterday in Newcastle in a 1,700 sq ft converted Iceland unit.
92…East of England Co-Op has extended its same-day grocery delivery service with Snappy Shopper.
Shoppers in East Anglia can now order groceries online from 92 of its stores and have them delivered to their homes in as little as 30 minutes.
1,000…UK consumers are planning to spend big post-Covid-19 and they have three basic needs – a holiday, haircut and a day out, according to research by EY.
It surveyed over 1,000 people and found that anxiety remains around health and returning to non-essential retailers on 12th April, suggesting that the real spending boost will come later in the summer when larger numbers of consumers have been vaccinated.
£105 million…Shares in UK-based fast fashion e-tailer In The Style are now trading on the London Stock Exchange's AIM market after its IPO completed on Monday morning.
The venture says it is valued at £105 million after strong demand from investors.
$4 billion…Garments and footwear with integrated sensors that transmit biometric information and other datasets will reach new heights of popularity by 2030, with the space set to be worth over $4 billion, according to GlobalData.
$10 billion…Website building and e-commerce platform, Squarespace, has raised $300 million in a round of funding that values it at $10 billion.
$12 million…Noogata, which specialises in no-code artificial intelligence data analytics for enterprises, has secured a $12 million seed funding led by Team8 with participation from Skylake Capital.
$6.5 million…3DLOOK has raised $6.5 million in Series A funding, led by Almaz Capital with participation from TMT Investments and Zubr Capital.
$3.4 million…Grubtech, an SaaS platform for cloud kitchens and delivery focused restaurants, has secured $3.4 million pre–Series A funding.
$21 million…Stor.ai, which has developed a digital commerce solution for grocers, has raised $21 million in an extended Series A round led by Meitav Dash and Mizrahi Tefahot.
€750 million…SumUp has raised a €750 million facility from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and funds managed by Oaktree Capital Management.
788 million…Colin Huang, the founder of Chinese e-commerce group Pinduoduo, has stepped down as Chair to explore “new, long-term opportunities”.
The announcement came as Pinduoduo overtook Alibaba by annual shopper count for the first time, with 788 million people buying on its platform in the past year, compared to 779 million for Alibaba.
2…Amazon has continued its UK bricks and mortar push with the opening of an Amazon Fresh store at Wembley Park, London.
It’s the second such convenience store to offer Just Walk Out Shopping tech in the UK, which was pioneered at the Amazon Go offering in the States.
12…The nominees for the 2021 Oscars have been revealed. And Amazon Prime Video has put in a strong showing with 12 nods.
It has been recognised for Sound of Metal (which is in the running for Best Picture), One Night in Miami, Borat Subsequent Moviefilm and Time.
$53 billion…Mobile payment tokenisation revenue will exceed $53 billion globally by 2025, with OEM Pays and wallets driving adoption, according to Juniper Research.
6,005…Consumer research platform Piplsay has surveyed 6,005 Britons to find out their excitement about the tech heavy concept that is Amazon Fresh, following the recent launch of a store in London.
$95 billion…Online payments provider Stripe has raised $600 million at a $95 billion valuation.
This cements its position as the most valuable US unicorn, moving it ahead of SpaceX.
$50 million…E-commerce fulfilment technology company, Nimble Robotics, has announced a $50 million Series A round.
100…Makro, Uzbekistan’s largest grocery store chain, has opened its 100th location.
