socalTECH

NOVEMBER 5, 2009

The latest retail e-commerce numbers from comScore came out today, with the measurement firm saying that U.S. comScore said this is the first time on record that there has been consecutive quarters of negative e-commerce spending growth from the prior year. Last quarter, e-commerce sales were down 1% from prior year numbers.

Commerce 147

Commerce Report Sales 147

socalTECH

FEBRUARY 10, 2017

Los Angeles-based e-commerce provider Honest Company , which sells organic baby and beauty products, is looking to replace CEO Brian Lee with a veteran of the consumer packaged goods (CPG) market, according to a report. READ MORE>>.

Report 113

Report Company Companies Commerce 113

socalTECH

FEBRUARY 27, 2018

Santa Monica-based Ring is being acquired by e-commerce giant Amazon , according to a yet-unconfirmed report on Tuesday afternoon. Ring, founded by Jamie Siminoff, makes a very popular line of video doorbells, which allow people to see and talk to people at their door.

Report 113

Report Santa Monica Commerce Acquisition 113

socalTECH

JANUARY 10, 2020

Los Angeles-based Honey , the developer of a browser extension which searches out coupon codes and deals for users, has been labeled a security risk by Amazon , according to a report from Wired. Honey was recently purchased for $4 billion by PayPal. READ MORE>>.

Report 100

Report Commerce Los Angeles Angel 100

socalTECH

OCTOBER 19, 2011

San Luis Obispo-based Shopatron , the developer of e-commerce software and storefronts, reported today that it is powering a new, e-commerce site for cymbal manufacturer Sabian.

Commerce 133

Commerce Sales Sites Software 133

socalTECH

OCTOBER 10, 2018

A new report, from Los Angeles startup investor Amplify LA , says that Los Angeles seed investment deals in Q3 were for the most part steady, with a total of $59.4M Amplify LA said it found that software-as-a-service (SaaS) was the most funded sector, with a decline in investments in such areas as e-commerce and mobile technology.

Report 133

Report SaaS Los Angeles Commerce 133

socalTECH

OCTOBER 4, 2012

ShoeDazzle's public relations firm could not comment on the report, and the company had yet to reply to requests forwarded to them at press time. Los Angeles-based ShoeDazzle has cut a significant amount of its staff, according to sources, saying that the company had "major layoffs" Thursday morning. READ MORE>>.

Report 185

Report Layoffs Commerce Press 185

socalTECH

MARCH 10, 2016

In a crossover between the worlds of Hollywood special effects and e-commerce, a new startup, Avametric , said it is looking to fuse "Silicon Valley, Hollywood, and Fashion" by using the software behind visual effects rendering to render clothing and accessories on computer models of consumers. The San Francisco startup said it raised $10.5M

Hollywood 100

Hollywood Commerce Los Angeles Report 100

TechCrunch LA

MARCH 16, 2021

The online website creation and hosting service — which has now expanded into e-commerce by hosting online stores — then raised another $40 million round in 2014. At that time, TechCrunch reported that Squarespace was a profitable company, with revenues increasing 50% in the prior year, to about $300 million.

SEM 340

SEM Commerce Los Angeles Funding 340

socalTECH

FEBRUARY 9, 2018

E-commerce giant Amazon is reportedly launching a new, package delivery service in Los Angeles, its first move to compete head to head with FedEx and UPS, according to the Wall Street Journal.

Report 113

Report Journal Commerce Los Angeles 113

TechCrunch LA

JANUARY 26, 2022

The company built its own point-of-sale system and commerce APIs in-house, allowing them to deliver a “seamless” customer experience, former Glossier CTO Bryan Mahoney said in 2018. E-commerce sales typically account for 80% of Glossier’s revenue, the Business of Fashion reported last July. .

CTO Hire 197

CTO Hire Layoffs Commerce Email 197

socalTECH

FEBRUARY 27, 2018

Santa Monica-based Ring is being acquired by e-commerce giant Amazon , according to yet-unconfirmed reports. The deal is reportedly worth around $1 billion. Ring, founded by Jamie Siminoff, makes a very popular line of video doorbells, which allow people to see and talk to people at their door.

Report 100

Report Santa Monica Commerce Acquisition 100

Xconomy

JANUARY 8, 2018

Seattle-based e-commerce giant Amazon (NASDAQ: AMZN ) is expected to unveil its first augmented-reality glasses to pair with Alexa, its digital assistant, at the Consumer Electronics Show, or CES, in Las Vegas this week. Alexa is now mobile. They are expected to sell for $1,000. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

Commerce 76

Commerce Conference Design Mobile 76

socalTECH

APRIL 23, 2021

Los Angeles-based videogame commerce technology developer Xsolla says it has acquired Slemma, a developer of data analytics and visualization and reporting software. The company said Slemma's web-based tools allow users to create simple, easy-to-use and dynamic data reports with customizable dashboards.

Commerce 113

Commerce Report Tool Web 113

TechCrunch LA

SEPTEMBER 23, 2020

But the no-longer nascent sneaker and streetwear market is a big market, with the potential to reach $30 billion in sales globally by 2030, according to a recent report by the research firm, Cowen ( cited by The Wall Street Journal , which first reported the financing). ” Money, it’s gotta be the shoes.

Commerce 255

Commerce Journal Los Angeles Research 255

TechCrunch LA

SEPTEMBER 7, 2022

Kardashian is launching private equity firm SKKY Partners in conjunction with ex-Carlyle consumer head Jay Sammons to invest in business across consumer products, hospitality, luxury, digital commerce and media, the Wall Street Journal first reported. Jenner will be joining SKKY as a partner, the Journal reported.

Equity 299

Equity Journal Venture Capital Los Angeles 299

socalTECH

NOVEMBER 13, 2013

In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal.

Snapchat 210

Snapchat Report Southern California Journal 210

socalTECH

SEPTEMBER 1, 2011

E-commerce giant Amazon.com is apparently offering to set up two, distribution centers in California--one in Northern California, the other in Southern California--to convince lawmakers to drop their plan to tax the company's sales to California residents, according to a report today From the LA Times.

Report 157

Report Southern California Commerce Sales 157

Both Sides of the Table

AUGUST 11, 2021

Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. Some of this can be attributed to the exponential growth in e-commerce and direct-to-consumer businesses as a result of the pandemic and global lockdowns?—?eCommerce no surprise?—?that’s

Product 424

Product Platform Advertising Acquisition 424

socalTECH

JULY 29, 2011

The battle of states against e-commerce giant Amazon.com appears to be moving to Congress, on reports that a bill was expected to be introduced today giving states the ability to tax Amazon.com. would require electronic retailers like Amazon to collect taxes for states, according to a report Friday from Politico.

Report 150

Report Commerce Sales Los Angeles 150

socalTECH

NOVEMBER 10, 2016

Los Angeles-based e-commerce fashion brand NastyGal has filed for bankruptcy, after failing to find additional funding-- even after news of a "cram down" round in October. Reports say that Amoruso also stepping down as Chairman of the company. READ MORE>>.

Commerce 216

Commerce News Los Angeles Report 216

socalTECH

SEPTEMBER 19, 2018

Los Angeles-based electronics e-commerce giant Newegg appears to have become the victim of a card-skimming attack on its e-commerce site, according to reports.

NewEgg 113

NewEgg Commerce Sites Report 113

socalTECH

SEPTEMBER 24, 2012

Los Angeles-based ShoeDazzle , the online fashion and e-commerce site, is back in the hands of Brian Lee, according to a report from AllThingsD. According to the rpeort, CEO Bill Strauss has voluntarily resigned form the firm. No details on why Strauss has departed.

Legalzoom 140

Legalzoom Report Commerce Los Angeles 140

Tech.Co

NOVEMBER 28, 2022

Live Shopping is an integral part of the “social commerce” phenomenon – a general term for ecommerce experiences within which customers don’t even have to leave social media platforms to buy items – but other tech companies like Meta, as well as TikTok, have struggled with it in the US and Europe so far.

Social Media 151

Social Media Startup Commerce News 151

socalTECH

FEBRUARY 12, 2009

A new report released this morning find that retail e-commerce sales dropped in Q4 by 3 percent, as the dismal economy began to affect the online retail sector. According to comScore, which tracks e-commerce spending, Q4 of 2008 was the first quarter of negative growth since it started tracking spending in 2001.

Commerce 100

Commerce Study Sales Report 100

socalTECH

NOVEMBER 21, 2019

PayPal said the acquisition will help it in its efforts in digital commerce, and add an "extensive" set of consumer commerce capabilities to the company. Honey was founded in 2012 by George Ruan and Ryan Hudson.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

AUGUST 7, 2020

El Segundo-based online postage and shipping software developer Stamps.com reported its second quarter results on Thursday, saying it saw a 49 percent increase in its revenues for the quarter, to $206.7M, as a result of a surge in e-commerce activity.

El Segundo 113

El Segundo Commerce Software Development Activity 113

L.A. Business Journal

FEBRUARY 21, 2018

Snapchat promises update after users balk at redesign; Elon Musk leaves AI foundation he co-founded; and Port Logistics Group invests in e-commerce startup Whiplash.

Snapchat 100

Snapchat Commerce Report Invest 100

socalTECH

OCTOBER 26, 2020

Los Angeles-based Upfront Ventures reported Monday morning that it has named Kara Nortman as co-Managing Partner of the fund. Nortman joined Upfront from children's e-commerce company Moonfrye, which she founded in 2014. The fund said that Nortman will work alongside current Managing Partner Mark Suster.

CitySearch 113

CitySearch Venture Capital Commerce Los Angeles 113

socalTECH

JANUARY 5, 2017

E-commerce giant Amazon.com is reportedly eyeing a bid for bankrupt Los Angeles fashion retailer American Apparel , according to Reuters. Amazon.com joins Forever 21, Next Level Apparel and Authentic Brands Group LLC among companies which are looking at buying American Apparel out of bankrupcy, according to the report.

Commerce 124

Commerce Report Los Angeles Angel 124

L.A. Business Journal

DECEMBER 29, 2017

Faraday Future boss Jia Yueting no longer owns the company; Ziff Davis’ Vivek Shah on publishers’ e-commerce fever; and SpaceX rolls out Falcon Heavy.

SpaceX 100

SpaceX Commerce Company Companies 100

socalTECH

MAY 17, 2012

Rakuten , the Japanese e-commmerce giant which owns Aliso Viejo-based e-commerce site Buy.com , has just grabbed a stake in up-and-coming Internet sharing site Pinterest , according to reports today. The Wall Street Journal reports the round values the startup at $1.5 READ MORE>>.

Commerce 196

Commerce Journal Sites Report 196

socalTECH

SEPTEMBER 14, 2012

Online e-commerce giant Amazon.com will start collecting sales taxes from California residents at midnight today, as a result of a deal the firm made with the State of California last year. California is just one of the states across the nation which has come to view Amazon as a potential untapped cash cow for their budget.

Sales 223

Sales Commerce Report 223

socalTECH

OCTOBER 6, 2017

Unconfirmed reports place the funding at $75M, at $19.60 it will use the funding to shift from e-commerce to become "omni-channel" and to support its global expansion plans. The round was led by Fidelity Management & Research Company, along with others. per share, a significant decrease from the company's prior valuation of $45.75.

Company 138

Company Companies Funding Commerce 138

socalTECH

NOVEMBER 6, 2019

The startup--led by CEO and co-founder Dan LeBlanc--says its product is used in particular for the Shopify Plus e-commerce area, with such customers as Kopari, BioClarity, MVMT Watches, Parachute Home, and Rothy's. READ MORE>>.

Metrics 113

Metrics San Diego Venture Capital Commerce 113

socalTECH

NOVEMBER 18, 2008

Online retailers are starting to see the impact of a slow economy, according to a report released Tuesday by comScore. The firm said the growth was the lowest monthly growth rate since comScore began tracking e-commerce in 2001. That contrasts with only a 6% increase in ecommerce sales in August, a 5% increase in September.

Report 100

Report Commerce Sales Examples 100

Tech.Co

MAY 11, 2022

Amazon Has Deployed a Secret Delivery Program Since last summer, the e-commerce juggernaut Amazon has been recruiting small businesses to deliver its packages within a 10-mile radius from their grounds. Amazon has also reported that the businesses need to be in current be in operation, so they're able to be covered by liability insurance.

Commerce 104

Commerce Newsletter Report Demand 104