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NuOrder raises $8 million to scale B2B e-commerce solution

NuORDER, a Los Angeles-based B2B e-commerce platform, has raised $8 million in Series B funding. The company has raised a total of $21.9 million to date. Argentum led the investment round with participation from the company’s existing investors Upfront Ventures, Greycroft Partners, Cowboy Ventures, Novel TMT and Box Group. As part of the investment, Argentum’s managing partner, Walter Barandiaran, has …

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Amazon launches Amazon Spark to help consumers shop from images

Amazon Prime members now have access to a social media-like platform called Amazon Spark. Spark, a feature within Amazon’s iPhone app, allows Amazon Prime members to shop user-generated images. Spark users are allowed to interact with each other, sharing feedback and advice about products, according to a statement on Amazon’s website. Amazon Spark officially launched on July 18, although the feature …

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Flipkart raises $71 million to tackle India’s massive e-commerce market

Flipkart, India’s biggest e-commerce site, has raised $71 million in equity funding. The company has raised over $3.9 billion to date. The investment came from the company’s existing investor Naspers, a South Africa-based media group an investment firm that will take a 16.5 percent stake of Flipkart, IndiaWeb2 reports. In April the company raised $1.4 billion from Naspers, Tencent, eBay, …

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Boohoo raises $65 million to fund new warehouse

Boohoo, a British online fashion retailer has raised £50 million ($65 million at current exchange) from investors to fund a new merchandise warehouse. Investors in the round were undisclosed. Mahmud Kamani and Carol Kane founded Boohoo group in 2006. The two of them have over 30 years of experience in the fashion and apparel industry and now own a stable …

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