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Shopify Reveals Generous New Scheme for App Developers

Tech.Co

This scheme starts on August 1st of 2021. Before this scheme, Shopify used to charge 20% on every sale made through its service, but now, smaller businesses will take the whole value of the sale, with Shopify's cut of 15% only kicking in once the annual $1 million threshold has been passed. Harley Finkelstein (@harleyf) June 29, 2021.

Develop 156
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Down bad

TechCrunch LA

This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital. follow the money. Three Arrows Capital, Pantera Capital and Dragonfly Capital.

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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. added things.

Marketing 246
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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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Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

TechCrunch LA

Overall, Klarna is live in 20 markets, has more than 90 million global active users and more than 2 million transactions a day conducted on its platform. billion in volume for the entire fiscal year of 2021 and Afterpay is projecting $16 billion in volume for its entire fiscal year. . Klara is now live with 24 of the top 100 U.S.

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Saltbox raises $10.6M to help booming e-commerce stores store their goods

TechCrunch LA

Beyond the physical offering, Saltbox offers integrated logistics services as well as amenities such as the rental of equipment and packing stations and access to items such as forklifts. The company plans to end 2021 with eight locations, in particular eyeing the Denver, Seattle and Los Angeles markets.

Commerce 237
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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. Selz, run by a team of around 50 in Sydney, Australia, bills itself as a one-stop-shop for small businesses to start selling products and services online.

News 137