On-demand grocery players Send, Quicko collapse
A dramatic shakeout is under way in the race to corner the on-demand grocery market, with Send collapsing under the weight of a $1.5 million monthly cash burn.
Source: afr.com
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Top VC Firms in Ecommerce Share Investing Criteria, Next Priorities
Venture capital firms are looking to invest in innovative DTC brands, headless commerce, supply chain, and the metaverse
Source: businessinsider.com
Top VC firms investing e-commerce by deal count share what they want
Total e-commerce deals in last five years: 66 When it came to e-commerce this year, Forerunner Ventures focused its investment efforts on companies that are "reimagining the future of retail" and demonstrate a "disregard for the status quo," Johnson said. The firm led a Series A funding round for Dumpling, a platform that enables individuals to launch their own personal grocery shopping businesses. It also upped its investment in Sunday, a startup that delivers customized lawn and garden products, as well as in Faire, the online wholesale marketplace. Looking forward to 2021, Johnson said ...
Source: businessinsider.com