Here is a list of product releases and updates for the end of December from companies that offer services to online merchants. There are updates on next day and zero emissions deliveries, in-app referrals, video content creation, early stage funding, and non-fungible tokens.
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E-commerce product releases
Veho raises $ 125 million to reinvent parcel delivery. Veho, which enables personalized overnight parcel delivery, announced a $ 125 million increase from General Catalyst-led Series A to a valuation of $ 1 billion. Powered by a participatory driver market, Veho’s technology matches the demand for parcel delivery with qualified driver-partners, ensuring that every parcel is delivered on time and correctly. Other participants in the increase include Construct Capital, Bling Capital, Industry Ventures, Fontinalis Partners and Origin Ventures. The funding will help grow the team, grow from 14 to 50 U.S. markets by the end of 2022, and improve the technology.
FedEx receives the world’s first fully electric, zero tailpipe vehicles from BrightDrop. FedEx Corp. received its first five of 500 electric light utility vehicles from BrightDrop, General Motors’ new electric delivery and logistics company. The introduction of BrightDrop’s 100% electric, zero-tailpipe vehicles into the FedEx fleet is a milestone in the company’s global goal of being carbon neutral by 2040. As part of this effort, FedEx Express, a subsidiary of FedEx Corp., projects that 50% of its global purchases of collection and delivery vehicles will be electric by 2025, to reach 100% by 2030.
Talkable partners with Tapcart to deliver premium in-app referral experiences to e-commerce brands. Tapcart, a platform for building mobile apps, has launched an integration with Talkable, a leading software provider, allowing e-commerce brands to launch referral programs in their mobile apps. The programs entice customers to invite friends to a brand through a favorite social platform or directly with SMS contacts on their devices.
Riverside.fm Launches Clips to Help Video Creators Reach More People. The Riverside.fm video creation platform, used by Disney, Spotify, and the New York Times, launched Clips to help video professionals quickly repurpose content into multiple chunks of short content for easy sharing across networks. social. Instead of spending hours downloading, previewing, and trimming recordings in post-production, the new Riverside Clips feature automatically creates short and fast content for all video creators.
Sycamore Partners acquires Digital Room, an e-commerce provider of personalized marketing products for SMEs. Sycamore Partners, a private equity firm specializing in consumer, distribution and retail related investments, has announced the acquisition of Digital Room, a provider of personalized marketing products for small and medium businesses. Digital Room reaches a diverse customer base through a suite of branded websites – eg, Uprinting.com, Signs.com LogoSportswear.com, more – reaching 90% of the US population with 2-day ground delivery.
New Refersion Pay is a payment and tax service for influencer and affiliate marketing. Refersion, a performance-based marketing platform, announced the launch of Refersion Pay, a payment and tax service for influencer and affiliate marketing programs. For publishers, Refersion Pay allows automatic and direct payment of monthly commissions. For brands, Refersion Pay simplifies the affiliate program workflow with automated order conversion approvals and scheduled commission payments. Refersion’s first-party tracking enables over 6.1 million registered affiliates and influencers to refer more than 615,000 orders per day. To date, Refersion has managed over $ 1.6 billion in affiliate revenue for ecommerce businesses.
Comscore announces the acquisition of Shareablee. Comscore, the media rating company, has acquired Shareablee, a social media marketing analytics and measurement company. Integration plans call for Comscore customers to benefit from Shareablee data with advanced insight into social videos and Shareablee customers to access organized views of digital data from Comscore.
Snapcommerce launches Snapshop to expand access to consumer savings for mobile shoppers. Snapcommerce, a mobile commerce platform, launched Snapshop, which uses artificial intelligence and personalized pricing to find the best deals on a wide range of products. Building on a recent $ 85 million funding round, Snapcommerce has also evolved its platform to improve Snaptravel, the flagship of the company’s travel offerings. Snapshop is now available to all consumers in the United States.
Circumference Group launches CG Ventures to focus on start-ups. Circumference Group, an investment firm, formed CG Ventures to identify, develop and finance promising pre-seed and start-up companies. By leveraging the team’s operational expertise and strong tech savvy, CG Ventures helps entrepreneurs focus on delivering scalable value to clients and positioning their businesses for strategic value.
eBay Expands Promotion of Free Classifieds in Canada. To help Canadian sellers manage their listings, eBay offered a zero insertion fee on the first 100,000 listings. This promotion was scheduled to end on December 31, 2021. Due to positive feedback, the program will now end on March 29, 2022. No further action is required to take advantage of this promotion.
GigLabs’ App Enables Shopify Merchants to Hit and Sell NFTs. GigLabs, a blockchain company that enables non-fungible tokens (NFTs), has announced that its NFT app will be made available to eligible Shopify Plus merchants to create and sell NFTs on their Shopify storefront via GigLabs’ Flow blockchain. Flow has over 2 million accounts, 17 million individual NFTs issued and 10 million NFT secondary market transactions. Flow is based on an environmentally friendly design that consumes thousands of times less energy than other blockchains.