Zulily shares soar 7%, tops $5 billion market value

Seattle’s newest publicly-traded company is continuing to shine on Wall Street after its spectacular IPO last month. The stock of the daily deals company jumped more than seven percent in value today, giving it a whopping market value of $5.58 billion. (There are currently 132.2 million outstanding shares).  That’s more than both Zillow and Tableau… Read More


Comr.se raises $780K to help brands sell products within social streams

Shopping cart technology isn’t exactly the newest innovation around. But one young Seattle startup seems to have struck the right chord in terms of bridging the gap between social media, advertising and e-commerce. Comr.se — pronounced “commerce” — just raised $780,000 of a seed round that remains undisclosed. The company, a recent graduate of the B2B incubator… Read More

Jason Goldberg

Jason Goldberg’s Amazon-rival Fab lays off more than 100

Things seemed to be flying high this past June for Fab when the New York-based e-commerce upstart raised $150 million at a reported valuation of $1 billion from Andreessen Horowitz, Atomico and Chinese Internet powerhouse Tencent. But then came layoffs a month later when 100 employees were let go in Berlin. And today comes another round of job cuts, as Fab… Read More


Ski lift ticket seller Liftopia carves fresh path with $5M from Spencer Rascoff, Marc Benioff and others

Some big names in tech are hitting the slopes. Zillow CEO Spencer Rascoff, Salesforce CEO Marc Benioff, Yelp CEO Jeremy Stoppelman, former Expedia CEO Erik Blachford are joining with Industry Ventures, First Round Capital, Lowercase Capital and others to bankroll Liftopia, which offers discounted ski lift tickets at hundreds of ski resorts throughout the world. The… Read More


Staples picks Seattle for new e-commerce and engineering center

It’s not just tech giants with names like Google, Facebook and Groupon which are expanding their operations in Seattle. Here comes Staples, the brick-and-mortar retailer which announced Thursday that it plans to establish a new development center in Seattle in the coming months, with room for as many as 50 employees in downtown Seattle, the company… Read More


As Amazon enters India, rival Flipkart raises $200 million

Amazon recently stepped into the e-commerce arena in India, and now one of its biggest rivals is raising more cash. Flipkart, the current dominant player in India’s e-commerce market, just raised $200 million from its existing investors, marking the company’s largest round to date. Indian tech blog NextBigWhat noted that this marks the largest investment to date… Read More


Jason Goldberg’s Fab raises $150 million in bid to rival Amazon with ‘emotional commerce’

Jason Goldberg sure has come a long way since Jobster, the Seattle startup company he founded in 2003. Now, at the helm of New York-based e-commerce upstart Fab, the charismatic and controversial entrepreneur just pulled in a whopping $150 million funding round at a reported valuation of $1 billion. Investors in the deal include Andreessen Horowitz; Atomico… Read More


Amazon opens doors on marketplace in India

People in India searching for books and movies online have a new option available to them. Amazon has quietly launched amazon.in, a new online marketplace for India. Because of India’s strict Foreign Direct Investment (FDI) regulations, Amazon can’t simply open an extension of its existing e-commerce business in India. Instead, the e-commerce giant is opening… Read More


GreenCupboards buys assets of Ecomom after founder’s suicide

GreenCupboards, a Spokane startup led by 27-year-old entrepreneur Josh Neblett, has changed its name to Etailz and acquired the assets of Ecomom. Etailz, which sells more than 25,000 environmentally-friendly products, including beauty, home and office products, declined to disclose the size of the purchase. It plans to relaunch Ecomom later this year. The acquisition follows the… Read More


Amazon targets aging baby boomers, unveils specialty store for those 50 and older

Amazon.com’s latest speciality store doesn’t have a nice ring to it. In fact, it is a bit a mouthful. But it certainly represents a big market opportunity. The company today unveiled its new 50+ Active and Healthy Living Store — a one-stop destination for nutrition, wellness, exercise, medical, entertainment and other items specifically geared for those 50 and… Read More


Amazon unveils Look.com, rivaling Zulily in kid’s apparel

Amazon.com’s Quidsi unit today unveiled Look.com, a new site that’s designed to sell children’s apparel and footwear. It marks the latest move by Quidsi into the arena of family and home-oriented oriented products, including Wag.com (pet products); Casa.com (home products) and Diapers.com (baby products). Look.com is selling an array of 40,000 products, segmented by age… Read More