01 Nov The Ecommerce News Roundup – 1 November 2021
This week we thought we’d share a fun (or rather slightly geeky) fact.
One of Apple’s new computer chips has 57bn transistors, which is 2x all the CPUs in all the Macs shipped in 1984, while Pixar’s render farm for Toy Story only had 1bn in total.
However, it leads us to wonder what will drive the ‘metaverse’ that Mr Zuckerberg has his beady eye on… maybe he’s intending on harnessing the power of the sun!?
Indeed we’re not sure if he’s starting to sound more like the next super villain or Captain Kirk after his declaration that it will take us to “the next frontier” but the brouhaha is bound to continue for some time.
Anyway, if you’re after your latest fix of all things e-commerce & digital, here’s this week’s newsletter to enjoy.
UK ECOMMERCE NEWS
Jigsaw back in the black.
Gorillas teams up with Tesco as grocery delivery battle rages.
Toys R Us set to return to UK with high street and online stores.
Serial entrepreneur and Dragon’s Den winner Lex Deak scores £2M for his new shopping app BASKET.
(UK Tech News)
INTERNATIONAL ECOMMERCE NEWS
Michael Kors launches on Zalora.
(The Retail Bulletin)
eBay’s Q3 revenues increase 11 percent.
Ceconomy made one third of profits online.
Jean Paul Gaultier Ventures Into Vintage, Rentals.
Zalando launches Care & Repair program.
Moncler’s Q3 revenues increase 55 percent.
TikTok launches ‘Made for TikTok’ content tips series for marketers.
(Social Media Today)
Shopify partners with Microsoft to bring new product listings.
Alphabet profits hit record as Google and YouTube rack up ad revenues.
BigCommerce launches Ads and Listings on Google.
Sphere has been acquired by Twitter.
IN THE MARKETS
Birchbox acquired by women’s health science start-up FemTec Health.
(UK Fashion Network)
UK Start-Up Storfund Lands £300M ($410M) eCommerce Financing Deal.
Investment Tech Unicorn Groww Raises $251 Mn, Valuation Triples To $3 Bn.
Security analytics startup hits ‘unicorn’ status with $250M, eyes IPO.
Bridgit secures $24m in funding.
Private equity rivals join forces to make €3.7bn bid for Zooplus.
(Private Equity News)