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E-Commerce Spendings Grows 13 Percent In Q3, Says Report

socalTECH

The latest numbers out of comScore , which measures e-commerce spending and Internet traffic, find that U.S. retail e-commerce spending rose 13 percent, year-over-year, to $36.3 E-commerce spending has been rising since Q4 of 2009, after stalling out over issues with the economy in 2008 and early 2009. billion in Q3 of 2011.

Commerce 182
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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors, or poorly defined parameters of an executable agreement. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25

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eddi | Security in Community Based E-Commerce

Tech Zulu Event

eddi , a new social listing site, seeks to change the way community-based e-commerce works by implementing strong security and a complete social experience. It’s really aiming to go after the community-based e-commerce platform. A lot of the design has to do with bringing back the core elements of commerce, which are the people.

Commerce 110
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TouchCommerce Plans Hiring, Growth In Agoura

socalTECH

Agoura Hills-based TouchCommerce , which helps provide brands with online software and services for helping better connect with their customers and potential customers, said today that it is planning growth and hiring at a new headquarters in Agoura Hills. The company explained it moved to the new building due to a rapidly growing workforce.

Agoura 185
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eKomi Expands Board After Investment From Goldman Sachs

socalTECH

Los Angeles- and Berlin-based eKomi , a developer of software to solicit ratings and reviews from e-commerce customers, has added Anastassia Lauterbach to its board of directors. eKomi is led by Michael Ambros, and says it is headquartered in Berlin and Los Angeles with additional offices in London, Paris, and Madrid.

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

TechCrunch LA

Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Since its 2017 inception, SpotOn has been focused on providing software and payments technology to SMBs with an emphasis on restaurants and retail businesses.

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

TechCrunch LA

to develop some sweet inventory-planning software. Murthy and Kaplan intend to use the debt offering as a factor relationship to act as an intermediary and purchase receivables for brands that don’t have access to those kinds of relationships due to it being a nonfrequent sale for some brands. Syrup Tech bags $6.3M

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