April 3, 2024

Amazon Web Services Announces Layoffs Impacting Hundreds of Employees

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In a recent development, Amazon Web Services (AWS) has initiated significant layoffs affecting hundreds of employees across sales, marketing, and technical departments. This…

E-Commerce /

March 1, 2024

Asian-based ecommerce company Daraz Announced Layoffs

Daraz Group, an ecommerce platform headquartered in Pakistan and owned by Alibaba, has initiated significant staff reductions across its markets, according to an…

E-Commerce /

February 6, 2024

Saleor Secures $8M in Seed Extension Round for Open Source E-Commerce Platform

Saleor, a composable e-commerce platform, has announced the closure of an $8 million Seed extension round. Founded in Poland in 2020 by Mirek…

E-Commerce / Software /

December 14, 2023

Wholesale marketplace Qogita raises $86M Series B

Wholesale marketplace Qogita has successfully raised $86 million in a Series B funding round, led by Dawn Capital based in London. The e-commerce…

E-Commerce / Internet /

November 21, 2023

Amazon Lays Off Hundreds in Alexa Division, Focuses on Generative AI

Amazon confirmed layoffs in its Alexa division to focus on generative AI, aligning with customer needs and company restructuring….

E-Commerce /

October 17, 2023

Society Brands Raises Additional $25 Million in Equity Funding to Strengthen Its Position in the Market

Society Brands, a tech-enabled consumer products company has announced the successful raise of an additional $25 million in equity funding, bringing its total…

E-Commerce /