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Demand Media Buys E-Commerce Marketplace Society6 For $94M

socalTECH

Santa Monica-based Demand Media has acquired Society6 , an online e-commerce marketplace centered around artists, the company announced Monday afternoon, as part of an effort to expand its content and media platform. artist acquisition merger marketplace ecommerce society6 media demand' READ MORE>>.

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Introducing Trust, and the Importance of Product-Founder Fit

Both Sides of the Table

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. For these companies, it looks like a rosy picture. eCommerce for example grew 39% just last year - so there’s simply more demand. no surprise?—?that’s

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Flowspace Finds $12M For On Demand Warehousing

socalTECH

Culver City-based Flowspace , a provider of "on-demand" warehousing and fulfillment services to businesses, has raised $12M in a Series A funding round, the company announced this morning. Eachus is a veteran of The Honest Company, where he was in charge of improving the e-commerce firm's supply chain efforts.

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Dropoff Brings Same Day, On-Demand Delivery Services To LA

socalTECH

Dropoff , an on-demand, same day delivery startup, said today that it has launched its services in Los Angeles, as the first expansion of the startup into California. Dropoff's platform includes web and mobile ordering capability, real-time tracking and confirmation of deliveries, an API for integration with e-commerce sites, and more.

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Why Amazon Is the Undisputed E-Commerce Growth Leader

Startup Professionals Musings

From meager beginnings selling books online back in 1994, Amazon is currently the largest e-commerce retailer and cloud computing platform in the world, and now dominates even the giant Walmart. A platform is a business model and capability that can be accessed and customized by external users.

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GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the grocery supply chain

TechCrunch LA

Mike Xu, GrubMarket’s founder and CEO (pictured, above), tells me that the company is currently profitable in a big way. GrubMarket got its start several years ago as one of many companies looking to provide a more efficient farm-to-table service. It is currently is the company’s biggest customer.).

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SpotOn raises $300M at a $3.15B valuation and acquires Appetize

TechCrunch LA

Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 Andreessen Horowitz (a16z) led both the Series D and E rounds for the company, which says it has seen 100% growth year over year and a tripling in revenue over the past 18 months. Image Credits: SpotOn.