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Jason Del Rey / Recode:
Instacart raises $600M at a $7.6B valuation led by hedge fund D1 Capital Partners   —  The startup has a fresh $600 million in funding to boot.  —  As Amazon has ramped up its Whole Foods grocery delivery service to 48 cities across the U.S., a common narrative has followed …
Oct 16, 2018, 9:35 AMIn context
Jason Del Rey / Recode:
Stripe unveils Stripe Terminal, a new service for in-person payments with Warby Parker and Glossier as launch partners, will charge 2.7% plus 5¢ per transaction   —  The San Francisco-based company is introducing a new service for in-person payments.  —  For years, Stripe has been synonymous …
Sep 17, 2018, 12:25 PMIn context
Jason Del Rey / Recode:
A look at the recent $100M+ acquisitions of direct-to-consumer startups, including MVMT and Native, that raised little to no venture capital   —  A new breed of entrepreneurs is creating huge consumer brands — like MVMT and Tuft & Needle — without venture capital, and laughing all the way to the bank.
Aug 29, 2018, 3:20 PMIn context
Jason Del Rey / Recode:
Sources: Groupon has contacted several public companies in the past few months to gauge interest in acquiring it; Groupon's revenues fell 5.6% in 2017 to $2.84B   —  The daily-deal pioneer's run as an independent company could be nearing an end.  —  Groupon's 10-year run as an independent company could be coming to an end.
Jul 7, 2018, 1:15 PMIn context
Recode:
Survey: 19% of Amazon professional merchants, third-party sellers who sell 40+ items/month and pay a subscription fee, had $1M+ in sales, up from 10% in 2017   —  Nineteen percent of these merchants grossed more than $1 million in sales, up from 10 percent last year.
May 27, 2018, 2:55 PMIn context
Jason Del Rey / Recode:
Amazon says the Echo that recorded a private discussion interpreted background conversation as action confirmation, leading to recording and sending to contact   —  A couple says their device secretly recorded a private conversation of theirs and sent it to an acquaintance.
May 24, 2018, 7:30 PMIn context
Jason Del Rey / Recode:
Sources: Walmart has quietly launched Jetblack, members-only personal shopping and concierge service, now in beta in Manhattan   —  The initiative, led by Rent the Runway's co-founder Jenny Fleiss, is being tested in Manhattan.  —  Code Eight, a stealthy personal-shopping startup incubated inside …
May 18, 2018, 5:10 PMIn context
Jason Del Rey / Recode:
Amazon says its board has adopted a “Rooney Rule” to increase board diversity, after its initial opposition sparked employee outrage   —  The company says it is merely formalizing a practice that was already in place.  —  Amazon said on Monday that it would adopt a policy whereby women …
May 14, 2018, 5:35 PMIn context
Jason Del Rey / Recode:
Emails shine light on diversity policy for board hires at Amazon, an industry laggard that counts 0 people of color on board and ~74% of its execs as white men   —  “We don't need more effort, we need COURAGE.”  —  In 2018, Amazon is a model for business excellence in many ways.
May 8, 2018, 1:50 PMIn context
Jason Del Rey / Recode:
Former Ticketmaster CEO Nathan Hubbard has raised $30M+ over the last 18 months from a16z, pro sports teams, others for his new ticketing startup Rival   —  His startup, Rival, has raised more than $30 million from Andreessen Horowitz, Upfront Ventures and several pro sports teams.
May 4, 2018, 7:55 PMIn context

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