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Retail Technology & Ecommerce

At the close of another week in retail tech & ecommerce, news and updates are buzzing with new in
Issue #16  •  August 18  •  view online
Retail Technology & Ecommerce
Retail Technology & Ecommerce
The latest news and information from the retail technology and ecommerce world.
At the close of another week in retail tech & ecommerce, news and updates are buzzing with new insights as part of a larger global ecommerce theme.
In autonomous systems, Inokyo pushes the experience physical retail. Proving that blockchain has a home in ecommerce, the latest product launch comes from none other than JD.com. Experts discuss how deep learning will shape the future of retail as consumers engage with brands through conversational AI.
-Kyle

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The corporate credit card for startups

Brex card frontScaling a startup? You need a card with better perks and no personal guarantee. Brex gives founders 10-20x higher limits and unheard-of perks: 7x on Uber/Lyft, 4x on travel, 2x on SaaS, and 1x on ads, servers, and all the rest. Sign up in 5 min & use “digest” for waived card fees for life. US only.
📈 STAT OF THE WEEK
Investors poured a record high of $4.9B into artificial intelligence (AI) startups in 2016, and AI is already affecting more areas of our lives than many people realize. Even retail and e-commerce companies are increasingly integrating the technology. While chatbots may be one of the more well-known use-cases for AI in commerce, there are many other startups finding alternative uses for AI in the space.
Investors poured a record high of $4.9B into artificial intelligence (AI) startups in 2016, and AI is already affecting more areas of our lives than many people realize. Even retail and e-commerce companies are increasingly integrating the technology. While chatbots may be one of the more well-known use-cases for AI in commerce, there are many other startups finding alternative uses for AI in the space.
📢 NEWS
Autonomous retail startup Inokyo’s first store feels like stealing – TechCrunch
Inokyo  wants to be the indie Amazon Go. It’s just launched its prototype cashierless autonomous retail store.
PODCAST: What “deep learning” means for Retail CX - Infor Retail

Chinese retailer JD.com launches e-commerce blockchain platform for business and enterprise - SiliconANGLE

Online apparel sales rose 7% in 2017             | Retail Dive

Amazon Patents Aerial Fulfillment Centers for Improved Drone Delivery - The Drive

Springbot Launches Onsite Abandonment Feature to Drive Conversions for Retailers

Rituals migrates to Apple iOS - Essential Retail

 The Strange Infinities of e-Commerce - The Atlantic

The fight between Walmart and Amazon — one of the hottest stories in the retail industry — is only getting hotter, and Walmart’s Q2 results offer proof.
www.forbes.com   •   Share

letgo CEO: AI Reinvents Secondhand Marketplace | PYMNTS.com

💰 FUNDING and M&A

Best Buy is buying a health tech company that caters to the elderly and analysts are gushing - MarketWatch

Ecommerce platform Sendo gets US$51m from new investors - News VietNamNet

The corporate credit card for startups

Brex card frontScaling a startup? You need a card with better perks and no personal guarantee. Brex gives founders 10-20x higher limits and unheard-of perks: 7x on Uber/Lyft, 4x on travel, 2x on SaaS, and 1x on ads, servers, and all the rest. Sign up in 5 min & use “digest” for waived card fees for life. US only.
Techstars Startup Digest Retail Technology & Ecommerce is curated by:
KYLE KELLY KYLE KELLY - Senior Director, Commercial Innovation & Global Business Development at Pitney Bowes
kyle.kelly@startupdigestmail.com
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