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Mobile Commerce

Spring raises $65 million to invest in personalization technology

New York based shopping app, Spring, has raised $65 million in Series C funding. The startup has raised close to $100 million ($97.5 million to be exact) to date. Fidelity Investments led the investment round with participation from the company’s existing investors Groupe Arnault, Thrive Capital and Box Group, Recode reports. For some background, Box Group is the venture firm …

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ShopChat raises $1.25 million to expand mobile shopping keyboard

ShopChat, a message commerce solution based in a San Francisco, California, has raised $1.25 million in seed funding. The investment round was led by Rakuten with participation from undislcosed angel investors from Silicon Valley and Europe. As part of Rakuten’s strategic investment and partnership, ShopChat now powers Viber’s recently announced message commerce to its massive user base, FinSMEs reports. As CEO, Zephrin Lasker, co-founded …

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What Tracy Sun is saying about Poshmark’s latest expansion

Poshmark recently expanded into two new categories — childrenswear and menswear, and Tracy Sun thinks now is as good a time as ever to do so. Earlier this year the company raised a $25 million Series C round and extended its offering with wholesale and retail options for the buyers and sellers in its mobile marketplace. The marketplace’s audience is …

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Want to win Black Friday? Look to September

Mobile shopping is bigger than ever — so big that in 2015, shopping apps accounted for $40.58 billion in sales. In order to attract the shoppers who will make those purchases, advertisers will spend heavily on user acquisition. Liftoff, the Silicon Valley-based app that drives performance-driven mobile user acquisition, recently released a report providing surprising insight into behaviors and trends …

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