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Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams

TechCrunch LA

As video commerce becomes the norm and entertainers, brands, businesses, and franchises of all sizes and stripes look to cut out the middle man, the array of services on offer from Maestro may be the scissors these entities need to cut the cord. “ We were targeted to a small number of very premier customers. .

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch LA

The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point. The speed with which they are putting volume through the platform is showing that.”.

Product 191
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Imran Khan’s Verishop adds Verified Shops, a way for emerging brands to set up shop in its digital mall

TechCrunch LA

Chiefly, the concern is that some retailers have been overrun with counterfeit products or unauthorized sellers that undercut pricing and dilute the brand’s value with knock-off products, the company observed. “[Now] we’re launching ‘Verified Shop’ where any DTC brands can sell on our platform. .

Commerce 173
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Amazon’s Selz Acquisition is Encouraging News for Small Businesses

Tech.Co

Not only has he become the richest man in the world again, leapfrogging a certain Mr Musk, but it has also been revealed that Amazon has quietly acquired ecommerce platform Selz. In fact, ecommerce website builders and platforms have become seriously big business over the last few years. It's been a big week for Jeff Bezos.

News 136
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Startups Weekly: VCs are drunk on beverage startups

TechCrunch LA

Founder Alix Peabody designed a line of female-focused canned rosé. The company raised more than $550 million after pricing at $17 per share a little over a week ago. Shopify quietly acquires Handshake, an e-commerce platform for B2B wholesale purchasing . Modsy scores $37M to virtually design your home.

Startup 223
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Interview with Lidia Yan, NEXT Trucking

socalTECH

Lidia Yan: My background is in e-commerce, but my family is in logistics. Everyone was on the phone, fighting with drivers over price and things like their availability. When we started the business, we really didn't have a lot of funding, but it made a lot of sense, and we got lots of drivers on the platform.

Startup 173
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Interview with Jonathan Shokrian and Barak Diskin, MeUndies

socalTECH

Earlier this month, Los Angeles-based MeUndies , debuted its subscription, e-commerce service for underwear and other basics. For forever, the way things have been done, is manufacturers have sold their products at a wholesale price to distributors, distributors sell it to retail outlets, which then sell to consumers. Why underwear?

Commerce 201