ecommerce Archives

Brosa cofounders Richard Li and Ivan Lim.

Airtree Ventures and Bailador-backed ecommerce venture Brosa hits voluntary administration

Simon Thomsen - December 16, 2022 2 MIN READ

Online furniture retailer Brosa is up for sale after the business was placed in voluntary administration this week. Richard Tucker and Michael Korda of KordaMentha were appointed Voluntary Administrators of the 8-year-old ecommerce company, which raised more than $7 million in venture capital from the likes of Airtree and ASX-listed Bailador Technology Investments. While Bailador… Read more »

Funding

All-in-one online shopping app Sortd takes home $1.26 million in pre-Seed cash

Simon Thomsen - December 5, 2022 2 MIN READ

Women-led ecommerce app Sortd has raised $1.26 million in pre-seed funding to help shoppers keep track of their wish lists. Sydney founders Jodine Wolman, 27 and Alexis Aaron, 26 have emerged from the Antler Australia accelerator program with backing from the VC firm and several private investors, including ELMO Software’s chief commercial officer Darryl Garber.… Read more »

Funding

E-commerce discounts startup Checkmate lands $7.75 million Seed round

Simon Thomsen - September 27, 2022 2 MIN READ

US-based Australian startup Checkmate has raised US$5 million (A$7.75m) in a Seed round. The raise was led by US VC Fuel Capital. The other investors include Kevin Johnson, the former CEO of Ebates at Rakuten, NFL star Joe Montana’s Liquid 2 Ventures, Ancestry CEO Deborah Liu, Firstbase CEO Chris Herd, XMTP cofounder Shane Mac, f7… Read more »

Funding

E-commerce platform Local Threads lands $500,000 pre-seed round

Simon Thomsen - July 27, 2022 2 MIN READ

Melbourne e-commerce platform Local Threads has raised $500,000 in pre-seed funding The round was led by Dr Qin Ding, co-founder of EMQ, a data cloud warehousing platform, with support from angel investors Alex Yin, founder of fashion brand, UOOYAA, and Eric Liam. Cofounders Adam Baodunnov, and Chris Young are hoping to empower Local Threads users… Read more »

After Hours

Shopping app Her Black Book launches cashback in time for Australian Fashion Week

Simon Thomsen - May 6, 2022 2 MIN READ

Premium shopping app Her Black Book has added cashback rewards to its platform ahead of Australian Fashion Week, which kicks off on Monday. Her Black Book is the brainchild of Sali Sasi and Julie Stevanj, the sisters behind Stylerunner. The pair announced their latest entrepreneurial venture last October, and in February, raised $1.6 million in Seed… Read more »

Funding

Insight Partners backs ‘hype commerce’ startup EQL in $25 million raise

Simon Thomsen - April 12, 2022 2 MIN READ

Melbourne “hype commerce” startup EQL has raised A$25 million to help retailers manage the launch of high demand products. The round was led by New York software investor Insight Partners and local VC AirTree Ventures. Other backers include market leaders in digital commerce, platforms and fan engagement including Guillaume Pousaz’s Zinal Growth, Harry Stebbings’ investment… Read more »

Funding

Stylerunner twins raise $1.6 million for their new shopping startup, Her Black Book

Simon Thomsen - February 28, 2022 2 MIN READ

A new shopping app developed by the twin sisters behind Stylerunner has raised $1.6 million in seed funding. The round was led by former banking exec Andrew Hagger, CEO of Fortescue founder Andrew Forest’s family investment firm, Tattarang and his charity arm, the Minderoo Foundation, supported by ASX-listed Touch Ventures, plus others. Sisters Sali Sasi… Read more »

Funding

Blackbird, Zip’s Larry Diamond and Steve Baxter’s TEN13 back two teens with a fintech startup in a record $2.2 million seed round

Simon Thomsen - February 2, 2022 2 MIN READ

Two Brisbane teenagers tackling the ecommerce problem of abandoned carts for online sales have raised $2.2 million in the pre-seed funding for their fintech startup. Liam Millward, 18, and William Gao, 19, founded Instant in April 2021, to build the world’s simplest checkout experience. The record pre-seed raise, the country’s biggest, was led by Blackbird,… Read more »

st frock's ceo sandradee makejev with a model

Business

From startup to eCommerce giant: The rise of $20 million Aussie fashion e-boutique St Frock

Valens Quinn - January 18, 2022 3 MIN READ

Australian online fashion boutique St Frock has made good business out of being ahead of the tech curve. It all started back in 2005 when Sandradee Makejev started selling trendy women’s dresses at a Bondi Beach market stall. In 2009, she started a Facebook page for St Frock. At the time, social media’s potential as… Read more »

Business

Do you have an abandoned cart problem? Here’s how to improve your online checkout flow

Jacqui McCallum - November 10, 2021 3 MIN READ

After all the time we’ve spent in and out of lockdowns in the past two year, there’s one thing we know for sure – online browsing (the digital replacement for window shopping) has become a national sport. But what might be a harmless activity for the browser can be a frustrating challenge for businesses because… Read more »

Business

Black Friday just beat Boxing Day as Australia’s biggest retail sales event

Simon Thomsen - December 10, 2020 2 MIN READ

The rapid rise of online shopping and ecommerce has flipped consumer behaviour from the era when shoppers crammed into retail stores on Boxing Day sale with the recent Black Friday promotion beating December 26 as Australia’s most popular time to shop according to new data from Westpac. Westpac merchant facilities processed a record 68 million… Read more »

Politics

SCOTT MORRISON: ‘Our challenge is to keep the foot on the digital accelerator’

Scott Morrison, Prime Minister - October 24, 2020 10 MIN READ

This year has been a thunderclap to so much of what we assumed to be normal. While some parts of the economy, by virtue of the pandemic restrictions, were frozen in place, others had to accelerate at warp speed. But all of us have had to adapt and to find a place of resilience and… Read more »

Opinion

Sustainability and personalisation: the focus for ecommerce in 2020

Shannon Ingrey - December 17, 2019 3 MIN READ

What a year it’s been for online retail. With more businesses than ever increasing their focus on online audiences as a way to increase both brand engagement and online revenue, retailers are turning their attention to 2020 and considering what the next 12 months are likely to bring the industry in Australia. Under increasing time-pressure… Read more »

Advice

The power of voice: how branding will be key in commanding the future of ecommerce

Ahmad Elhawli - March 29, 2019 2 MIN READ

Companies will need to place a stronger emphasis on building their voice technology presence, as it will soon become its own channel, with its own spend and tactics.

Topics

City of Sydney partners with Investible to run Retail Innovation Program

Gina Baldassarre - February 6, 2019 2 MIN READ

The City of Sydney has partnered with Investible to run a Retail Innovation Program, an accelerator program aimed at helping traditional bricks and mortar retailers get online.

Trending