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A Big Gyft for First Data

Payment processor First Data Corp. announced that it is acquiring Gyft, a company that helps mobile device users keep track of gift card purchases and transactions. The Gyft mobile wallet app allows consumers to buy, send, manage and...

Twitter Looks to the Future of Social Commerce

Facebook isn’t the only social network looking to make a splash in the social commerce industry, as Twitter has announced that it recently acquired payments infrastructure company CardSpring. CardSping helps merchant work with...

Endurance Brands Can Now Sell Online With E-Commerce Widget

A new partnership between Ecwid and Endurance International Group aims to expand Ecwid's e-commerce platform to new customers across the Web. Endurance International Group is a provider of cloud-based platform solutions designed...

AddShoppers Acquires Sociaby

AddShoppers is looking to strengthen its product offerings, as the social marketing and analytics platform for e-commerce merchants has entered an agreement to acquire social sharing and customer reward platform Sociaby. According...

Artifi Poised to Disrupt the Product Customization Market for 'Net Retailers

As e-commerce merchants from across the world descend upon Chicago next week for the annual Internet Retailer Conference and Exhibition (IRCE), they will be looking for ever more powerful solutions to improve their and their customer's...

Kid-Friendly Payment Platform Oink Goes Global

Virtual Piggy is taking its kid-friendly payment platform around the world, as the company has unveiled a new partnership with GlobalCollect. GlobalCollect is an international payment service provider that processes payments in more...

Sell-Anywhere Storefront Ecwid Closes $5M Series B Investment

E-commerce solution Ecwid, which now boasts 500,000 registered merchants in 175 countries and in 45 languages, has closed its Series B investment round. The $5 million funding was led by iTech Capital with participation from Runa Capital...

Web Retailer JustFab Shows Subscription Services Work

Who says retailers can't compete with Amazon? Online shoe and apparel retailer JustFab has hired investment bank Morgan Stanley and is apparently seeking new funding in the range of $50 to $100 million, according to several different...

Crowdsourced Shopping Site "The Hunt" In Focus

Crowdsourced shopping website The Hunt, which boasts several celebrity investors including Tyra Banks and Ashton Kutcher, has raised $10 million in funding from Khosla Ventures and Javeline Ventures. The Hunt, a community-driven shopping...

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Square Accepts Bitcoin Cryptocurrency

Payment service Square announced this week that it has begun accepting Bitcoin as a form of payment in its online marketplace. Shoppers must choose to "Pay with Bitcoin" during checkout which will generate a special bitcoin...

Going Global? Souq is One to Watch

Dubai-based ecommerce website Souq (which means "marketplace" in Arabic) has raised $75 million in funding from South African media conglomerate Naspers. The Amazon.com inspired site, which employs more than 1,000 people...

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E-Commerce Orders in Focus: Dydacomp Acquires ChannelBrain

Dydacomp, which offers a suite of e-commerce-focused solutions for SMBs, has acquired Channelbrain - a integration solution that allows multichannel retailers to connect their order management systems to various selling channels. ChannelBrain...

PrestaShop Readies for Growth, Expansion

Open-source e-commerce software PrestaShop, which powers more than 165,000 stores currently, has secured $9.3 Million in a Series B funding round led by Xange Private Equity, Seventure Partners and Serena Capital. Prestashop will use...

GoDaddy Embraces Open Source with Spree Commerce Integration

The overall e-commerce segment is expected to grow to $370 billion by 2017 (according to Forrester) and technology providers of all types are looking to continue to capitalize on future increases. GoDaddy recently announced that open...

Zumetrics Adopts an E-Commerce Focus

Market intelligence provider Zumetrics has launched a variant of its cloud-based analytics platform that is focused solely on the e-commerce sector. “E-commerce moves incredibly fast, and we needed to deliver more precise information...

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