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Jason Del Rey / Recode:
Square is chasing growth by expanding its lending business to non-Square merchants   —  A partnership with the startup Upserve will give 7,000 restaurants access to Square Capital.  —  Square's lending business, Square Capital, has been a pleasant surprise from the start.
Aug 11, 2016, 12:30 AMIn context
Jason Del Rey / Recode:
Sources: Jet CEO Marc Lore will run Walmart's US e-commerce operations after the acquisition closes   —  Jet.com CEO Marc Lore will also run Walmart.com  —  Walmart, the world's largest retailer, announced it will acquire two-year-old online retailer Jet.com for $3.3 billion in cash and stock …
Aug 7, 2016, 8:14 PMIn context
Jason Del Rey / Recode:
Earning $857M in Q2, Amazon posts record profit for the third straight quarter   —  Yes, that Amazon.  —  Amazon — yes, Amazon — is on a profits streak.  —  The company with the long-time reputation on Wall Street as a money-loser just revealed a record-setting quarterly profit for the third straight quarter.
Jul 28, 2016, 4:55 PMIn context
Jason Del Rey / Recode:
Amazon stops honoring partial refunds on items that drop in price after purchase, except TVs, amid entry of startups like Earny that track item prices   —  Except for TVs.  —  The company that prides itself on customer centricity may have just alienated some customers.
May 23, 2016, 3:25 PMIn context
Jason Del Rey / Recode:
BigCommerce raises $30M led by GGV Capital to help retailers, merchants, and brands sell across marketplaces, bringing total raised to $155M over seven years   —  The Shopify competitor wants to move upmarket.  —  BigCommerce has raised $30 million in new funding, as investors continue …
May 10, 2016, 5:20 PMIn context
Jason Del Rey / Recode:
Jet.com starts selling fresh groceries in 875 zip codes in “pilot test”; deliveries may take up to two days and will be free for orders over $35   —  No delivery or subscription fees could be a differentiator.  —  At least one thing about Jet.com is certain …
May 10, 2016, 3:55 PMIn context
Jason Del Rey / Re/code:
Pinterest confirms hire of about 15 people from mobile ad firm URX including CEO   —  Pinterest confirms ‘acqhire’ of mobile advertising startup URX  —  Pinterest has hired about 15 people from now-defunct mobile advertising startup URX, including its co-founder and CEO, the company announced today.
May 3, 2016, 3:45 PMIn context
Jason Del Rey / Re/code:
Shopify announces partnership with Postmates, giving more than 21K small businesses a same-day delivery option   —  More than 21,000 small businesses can add same-day delivery through Postmates  —  For delivery startup Postmates to be effective long-term, its courier network needs to be busy all day, not just during peak meal times.
May 3, 2016, 11:42 AMIn context
Jason Del Rey / Re/code:
Shopify announces Shopify Capital, a program that lets eligible merchants get cash advances, following in the footsteps of PayPal and Square   —  It feels like every tech company is offering cash advances.  Shopify is the latest.  —  If you're a tech company and you aren't getting …
Apr 27, 2016, 9:20 PMIn context
Jason Del Rey / Re/code:
Gilt co-founder Alexis Maybank launches Project September, a service with photos from users' Instagram feeds and camera rolls that users tag with buying leads   —  Gilt Groupe's co-founder has a new fashion app that lets you shop from Instagram photos  —  Alexis Maybank, Gilt Groupe's first CEO …
Apr 17, 2016, 9:55 PMIn context

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