RTIH presents the retail technology week in numbers
Do you like numbers? Do you like retail systems news? Then this is the article for you. Including Amazon, Zapp, Woolworths, Domino’s Pizza, H&M and Hugo Boss.
13…Adam Handling’s flagship bar, Eve Bar, has launched what is pitched as London’s first NFT cocktail menu collection. This consists of 13 pieces, created in collaboration with a local artist and bartenders.
Adam Handling Restaurant Group, which also includes Frog by Adam Handling in Covent Garden, restaurant and pub with guest bedrooms, The Loch & The Tyne, and the Ugly Butterfly restaurant and bar in St. Ives Cornwall, will release the London/NFT first on Opensea.
$137.4 billion…Amazon reported fourth quarter net sales of $137.4 billion, up 10% ignoring the effect of exchange rates.
That was slightly behind analyst expectations. Operating profit almost halved to $3.5 billion.
Andy Jassy, CEO, said: “As expected over the holidays, we saw higher costs driven by labour supply shortages and inflationary pressures, and these issues persisted into the first quarter due to Omicron.”
5…Research from ParcelHero reveals the top five most missed UK high street retailers, including Woolworths and Debenhams.
$4 million…Blyp, an AI driven data analytics platform for e-commerce companies, has raised $4 million in seed funding.
Led by World Trade Ventures, Silvertech Ventures, Eyal Waldman, Dovi Frances, Rafi Gidron and Boaz Schwartz, it will use the cash to scale its US operations and add new functionality to its platform.
$180 million…Audience insights venture, GWI, has secured over $180 million in a Series B funding round at a valuation of $850 million. The financing was led by Permira’s growth fund.
The new investment will be used to advance GWI’s SaaS platform, extending its coverage and reach by capturing more data points from more consumers, in more countries, particularly from underserved markets and segments.
$250 million and $3.5 billion…Chargebee has raised $250 million in funding co-led by Tiger Global and Sequoia Capital, putting its valuation at $3.5 billion.
This was co-led by Tiger Global and Sequoia Capital, along with returning investors including Insight Partners, Sapphire and Steadview Capital. The round follows a previous one in April, raising $125 million at a $1.4 billion valuation, bringing the total investment in the company to $470 million.
£11 million…Parcel delivery firm Hermes UK has announced an £11 million investment in its international business.
This includes creating a dedicated international division tasked with launching a range of new integrated end-to-end services including inbound, outbound and reverse logistics, combined with new global, cross-border products for retail customers, SMEs, marketplaces and consumers.
$150 million and $1.6 billion…E-commerce startup Wayflyer has announced a Series B funding round of $150 million.
This brings the Ireland-based venture’s post-money valuation to $1.6 billion.
$3…Domino’s Pizza carry out customers who order online can now claim a $3 tip to use on their next purchase.
$1.1 billion…H&M, the world's second biggest clothing retailer, is set to double investments in 2022 to $1.1 billion as it looks to significantly grow sales by 2030.
Spending will focus on areas including technology, supply chain, renewable energy and sustainable materials.
1.9 billion and 75 million…Hugo Boss has kicked off a brand refresh with the launch of two global campaigns for Boss and Hugo.
Said campaigns snagged 1.9 billion impressions and 75 million engagements across social media during their first day, a record breaking result for the company.
$200 million…Rapid grocery delivery startup Zapp has raised $200 million in a Series B round of funding co-led by Lightspeed, 468 Capital, and BroadLight Capital.
