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Arrive Adds Resale Features To E-commerce Platform

socalTECH

Santa Monica-based Arrive, a developer of a technology and reverse logistics services, says it has added resales to its enterprise rental platform. The company's product is focused on what the company says is roughly 25% of e-commerce orders are returned which cannot be resold full--price.

Commerce 113
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Silicon Beach Networking Happy Hour in Santa Monica (Open Bar + Presentations)

SoCal Tech Calendar

Thursday, January 10, 2019 -- Silicon Beach Networking Happy Hour in Santa Monica. Come by and enjoy free drinks, presentations, and networking with some of LA's top professionals in startups, tech, online marketing, e-commerce, real estate, finance, blockchain, influencers, and more. See [link] (more)

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Tapcart Takes $50M For Mobile Commerce

socalTECH

Santa Monica-based Tapcart, a startup focused on helping Shopify-powered e-commerce brands with mobile apps, has raised $50M in a Series B funding round, the company announed Monday afternoon.

Commerce 113
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Happy Returns Acquired By PayPal

socalTECH

Santa Monica-based Happy Returns, which operates a business which makes it easier for consumers to returns items they have purchased at e-commerce startups--and also handles all the logistics in processing those returns--has been acquired by PayPal. Financial terms of the buy were not announced.

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Grow Credit Scores $106M In Equity, Debt For Consumer Credit

socalTECH

Santa Monica-based fintech startup Grow Credit, which helps consumers build their credit score through payments for subscription services, said on Tuesday that it raised $106M in a combination of equity and debt. The funding included $6.3M in equity, and $100M in debt.

Equity 113
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StartEngine Debuts Eight New Startups At Demo Day

socalTECH

StartEngine , the startup accelerator headed by Howard Marks, is launching its newest class of startups today in a private event in Santa Monica. The eight startups are pitching their investors to startups at CrossCampus in Santa Monica this afternoon.

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Happy Returns Partners With Port Logistics Group

socalTECH

Santa Monica-based Happy Returns, a startup which helps e-commerce companies manage their returns process, has partnered with omnichannel logistics services company Port Logistics Group, the two announced this morning.