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
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
Google acquires Pointy, a startup to help brick-and-mortar retailers list products online, for $163M
Google has been on a long-term mission to build inroads into the world of e-commerce by working more closely with brick-and-mortar retailers, and now it looks like it plans to extend that work a little … Read more
Instacart upgrades its pickup service with new features, adds alcohol pickup option
Instacart announced today a series of new features for its Pickup service, as well as the appointment of a new general manager, Sarah Mastrorocco, to lead the Instacart Pickup product and team. The grocery pickup … Read more
Salesforce announces new tools to boost developer experience on Commerce Cloud
Salesforce announced some new developer tools today, designed to make it easier for programmers to build applications on top of Commerce Cloud in what is known in industry parlance as a “headless” system. What that … Read more
India orders investigation into alleged anti-competitive practices by Amazon and Walmart’s Flipkart
India ordered a large-scale investigation into Flipkart and Amazon India on Monday after a retail trade group alleged that the e-commerce giants were indulging in anti-competitive practices to gain a foothold in the country. Competition … Read more
ToursByLocals snaps up its first funding, C$33M, to link sightseers with guides globally
The tours and experiences market is projected to be worth $183 billion this year, and today a startup that has made inroads into the space through bootstrapping is announcing its first outside investment. ToursByLocals — … Read more