Category: e-commerce

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States will be able to charge sales tax on online purchases thanks to the Supreme Court

In a five-to-four decision issued today, the Supreme Court ruled that states can make online businesses collect sales taxes — even if they don’t have a physical presence in that state. Today’s ruling overturns...

Deliveroo fattens its market presence by opening to restaurants that do deliveries

Restaurant food delivery startup Deliveroo is taking the next logical step to expand its business by opening up to restaurants that have their own delivery fleets — thereby also expanding the food choices it...

Dixons Carphone discloses data breach affecting 5.9M payment cards, 105k of which were compromised

Dixons Carphone discloses data breach affecting 5.9M payment cards, 105k of which were compromised

European electronics and telecoms retailer Dixons Carphone has revealed a hack of its systems in which the intruder/s attempted to compromise 5.9 million payment cards. In a statement put out today it says a review...

Naspers is in talks to invest in Southeast Asia’s Carousell

Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions. Carousell offers a...

Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C funding round that totals an enormous $14 billion. The...

The race to build autonomous delivery robots rolls on

It’s been a busy year in delivery robot land. Starship Technologies sounded the starting gun to bring autonomous delivery vehicles to market with a $17.2 million round led by Daimler back in January 2017....