The retail technology space during the coronavirus pandemic
Retail Technology Innovation Hub rounds up the key Covid-19 developments from last week.
On-demand delivery venture, Glovo, has raised €450 million in what it calls the largest financing round secured by a Spanish startup.
The Series F was led by New York-based investment managers Lugard Road Capital and the Luxor Capital Group. Existing investors Delivery Hero, Drake Enterprises and GP Bullhound also participated.
Currys PC World has revealed the most popular tech products purchased by Brits during the coronavirus pandemic.
The retailer says that records were broken in gaming as the clash of the consoles played out, with PS5 selling out in 10 minutes and receiving 90, 000 more pre-registration sign-ups than Xbox.
Marks and Spencer has opened Sparks Book & Shop slots for 12th April, the date that coronavirus restrictions are eased and non-essential retailers reopen in England.
“Book & Shop has also been extended until the end of April, meaning customers can beat the queue and carry on shopping with confidence,” the retailer tweeted.
Ocado is getting its mobile app back online as demand for its service soars during the Covid-19 pandemic.
Spanish pharmaceuticals distribution company, Cofares, has rolled out a new distributed order management platform from Fluent Commerce with consulting firm VISEO Iberia.
Research released by The Very Group flags games consoles as the most searched for non-food retail items during the coronavirus pandemic in the UK.
The online retailer has compiled a list of the 20 most searched for products on Very.co.uk since the first national lockdown began on 23rd March 2020.
UK-based delivery software venture, Sorted, has raised $15 million in growth capital.
The funding will support the acquisition of a number of brands, along with product development, growth in the team, and global expansion plans.
Clever online retailer tactics, like flash sales and selling fast tags, are driving £3.4 billion in impulse purchases by British consumers, according to a new report from Openpay.
