The e-commerce unicorn quickly won the hearts of American consumers during the pandemic, but Shein now faces numerous obstacles.
Fintech & e-commerce
In its first acquisition, Ripple acquired digital asset custody startup Metaco for $250 million — half in cash and half in equity.
Last year, it took $109 million to grab the 10th spot on this list — this week it took only $12 million. We know the salad days of 2021 are long...
SoftBank’s Vision Fund unit — known for its investment in startups including Uber, WeWork and DoorDash — suffered losses of $32 billion for its...
Following his layoff, tech worker Peter Henry took the chance to found a Latin American fintech for farmers.
A Crunchbase analysis of the 20 largest public market debuts of venture-backed U.S. companies founded in the past 15 years reveals that only three...
Swiggy, one of India’s largest food delivery platforms, reportedly had its valuation cut in half by Invesco, one of its investors, for the second...
In April 2022, 16 firms made at least 10 investments or more into U.S.-based startups — led by two firms: Y Combinator and Techstars, which combined...
![Illustration of man handing a key with a shopping cart to a woman. [Dom Guzman]](https://news.crunchbase.com/wp-content/uploads/2021/03/e-commerce-470x352.jpg)
With e-commerce giants Amazon and Walmart looming, Shopify announced it will sell its shipping and fulfillment department to Flexport.
![Mar Calendar page being torn off to make way for Apr. [Dom Guman]](https://news.crunchbase.com/wp-content/uploads/mar-apr-2-470x352.jpg)
Global venture funding in April reached $21 billion, the second-lowest amount recorded in a single month since July 2022.
Just days after regulators issued a report on the historic collapse of Silicon Valley Bank, First Republic Bank became the next domino to fall.
![Illustration of a guy watering plants with a blocked hose - Global [Dom Guzman]](https://news.crunchbase.com/wp-content/uploads/quarterly-global-3-300x168.jpg)
67.1K Followers