RTIH presents the retail technology week in numbers

Do you like numbers? Do you like retail systems news? Then this is your lucky day. Enjoy!

$45.6 billion…Buy now pay later big hitter Klarna has raised $639 million at a post-money valuation of $45.6 billion.

This comes just three months after the Swedish company’s last mega funding round and cements its status as Europe’s most valuable private FinTech venture.

15 and 200…15 Domino’s branches across London are using electric mopeds to deliver pizzas. 

The brand began trialling NIU scooters in October, replacing petrol scooters, and has now expanded its fleet to include over 200 of the cloud connected, purpose built vehicles.

72% and 68%…Fear of buying from fraudulent websites (72%), damaged or delayed deliveries (72%) and issues with customs (68%) are putting UK consumers off from cross-border e-commerce purchases, according to research commissioned by Weglot and run by OpinionWay.

 2.4 millionGo Instore reports that its live video solution has remained popular despite the option to return to stores since lockdown restrictions eased in the UK.

In the first four weeks of physical shopping reopening, the offering has seen over 2.4 million unique visitors as customers continue to venture online.  

£74.6 billion…The coronavirus powered shift away from the UK high street opens up a £74.6 billion potential revenue opportunity for online retailers, according to research from emerchantpay.

$39 million…Checkout-free technology startup Grabango has closed a $39 million Series B raise. 

£10-12 million…UK-based omnichannel retail software solutions venture Itim Group has announced its intention to float on London’s AIM market.

The company, which helps retailers improve financial and operational performance, is seeking to raise between £10 million and £12 million in an IPO. 

10%UK retail sales were buoyant in May thanks to the reopening of hospitality, coupled with the afterglow of non-essential stores returning to action.

According to research from BRC and KPMG, total sales increased by 10% in May (Yo2Y), against a decline of 2.7% in May 2019 (YoY). This is above the three month average growth of 8.5% (Yo2Y).

$40 million99minutos, a last mile delivery platform based in Latin America, has announced a $40 million fundraising round led by Prosus Ventures and Kaszek. 

1,000…UK consumers are willing to compromise on online purchases and delivery demands, but only if it creates a more sustainable environment, according to research by Sendcloud involving 1,000 people

$57.5 million…Headless content management system venture Contentstack has raised $57.5 million in Series B financing.

43% of students in the UK currently own cryptocurrency, according to research carried out by UNiDAYS.

Its study of over 24,000 UK students found that the most popularly owned cryptocurrency is Bitcoin (26%), followed by Dogecoin (11%), Ethereum (10%) and Ripple (3%).

$7.5 billionGetir, a Turkish rapid grocery delivery startup, has concluded a Series D funding round, raising over $550 million and taking the company's valuation to over $7.5 billion.

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