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Mobile Commerce

STRATACACHE Pushes Growth with Acquisition of Walkbase

STRATACACHE recently announced that it has added Walkbase to its family of complementary digital media/ad tech solution companies, expanding their industry-leading global footprint of scalable, high­ performance marketing technologies. Walkbase, based out of Finland, is a pioneer in highly advanced in­-store marketing and analytics for smartphones and was lauded by Gartner Group in 2015 as a “Cool Vendor.” Their real ­time …

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Alibaba Makes Key Investment to Strengthen Retail Strategy

Alibaba Group Holding Limited has announced that as a further step to implement its new retail strategy, the company has agreed to make an additional investment of $807 million to increase its ownership of Cainiao Smart Logistics Network Limited, the logistics affiliate of Alibaba, to a majority stake of 51%. Alibaba also announced its intention to invest $15.2 billion over …

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Poq raises $4.5 million to expand mobile commerce solution globally

Poq, a London-based mobile commerce solution has raised £3.5 million ($4.5 million at current exchange) in venture funding. The company has raised over $9.8 million to date.  The funding was led by Beringea with participation from Meyer Bergman and Barclays. “Poq is on the forefront of defining the app commerce category,” Eyal Malinger, investment director at Beringea, said in a UK …

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Dote raises $7.2 million to scale shopping app

Dote, a San Francisco-based shopping app, has raised $7.2 million in Series A funding. The company has raised $10.8 million to date. The venture investment was led by Lightspeeed Venture Partners. Dote also received some of the funding from Apple Music’s Planet of the Apps startup competition.  The startup series allows developers to pitch their app concepts to celebrity judges, …

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