Devin Wenig steps down as eBay CEO
This morning eBay announced that Devin Wenig has stepped down from the role of CEO. A former executive at Reuters, Wenig joined the company eight years ago this month as president of its global market … Read more
Coinbase poaches Google Shopping VP as CPO for cryptocommerce
“We’re trying to shift cryptocurrency from this speculative asset class to driving real-world utility,” Coinbase CEO Brian Armstrong tells me. How? Through commerce and micropayments. But now Coinbase has the who to build it. Today … Read more
Apple to start online sales in India in Q3 this year
Apple’s much-awaited online store in India will be operational starting Q3 this year, a little longer than previously expected, a source familiar with the matter told TechCrunch. The iPhone-maker said in August last year that … Read more
Pinterest launches virtual makeup ‘Try on’ feature, starting with lipstick
A new Pinterest feature will allow users to virtually try on products, starting with lipstick, before they shop from retailers like Estée Lauder, Sephora, bareMinerals, Neutrogena, NYX Professional Makeup, YSL Beauté, Lancôme and Urban Decay … Read more
ManoMano raises $139 million for its home improvement e-commerce platform
French startup ManoMano is raising another mega round of funding. The company operates an e-commerce website for DIY, home improvement and gardening products. This time, ManoMano is raising $139 million (€125 million), with Temasek leading … Read more
Diet autopilot Thistle raises $5M for health food subscriptions
What if it was easier to eat salad than junk food? Most diet routines take a ton of time, whether you’re cooking from scratch, making a meal kit or seeking a nutritious restaurant. But on-demand … Read more
Glovo exits the Middle East and drops two LatAm markets in latest food delivery crunch
The new year isn’t even a month old and the food delivery crunch is already taking big bites. Spain’s Glovo has today announced it’s exiting four markets — which it says is part of a … Read more
Amazon partners with thousands of mom-and-pop stores in India
Neighborhood stores dot tens of thousands of cities, towns and villages in India. They have survived — and thrived, despite — retail giants’ billions of investment in the country. Now, Amazon is beginning to embrace … Read more
Marijuana delivery giant Eaze may go up in smoke
The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. TechCrunch has learned that pot delivery middleman Eaze has seen unannounced layoffs, and its depleted cash reserves threaten … Read more
Google’s new feature makes it easier to shop from search results
Following the big revamp of Google Shopping last fall, Google today is updating the shopping experience on Google Search, on mobile. Now, when you do a web search for clothing, shoes and accessories, you won’t … Read more
Amazon to invest $1 billion to help digitize small businesses in India
India welcomed Jeff Bezos this week with an antitrust probe. On top of that, thousands of small merchants who typically compete with one another are beginning to gather across the country to hold a protest … Read more