Nextech AR Receives Large 3D Model Purchase Order From Blue Chip Enterprise Customer Experiencing Record Q3 Demand in 3D Model Business As Web3.0 Demand Accelerates For Global E-Commerce Industry

        TORONTO, Sept. 20, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that the Company has received a purchase order for 7,500 3D models with over 50% already delivered and the balance expected to be delivered in early Q4, 2022. This large...

Read More...

Flora Raises $9M to Build the First Technology-driven Sustainable E-commerce Platform

        Flora provides greater access to sustainable products to over 300 thousand customers at affordable prices and saves 10 thousand tons of CO2 emissions annually. SAN FRANCISCO--(BUSINESS WIRE)--Flora, a technology-driven sustainable e-commerce platform, emerged from stealth mode today to announce that it has raised $9 million in seed funding from prominent Silicon Valley investors, including Lux Capital, Correlation Ventures, Climate Capital, and Gokul Rajaram. Flora acquires, reinvents, and grows sustainable brands with a mission to provide greater access to sustainable products...

Read More...

Shopify targets physical retailers after an overly aggressive bet on e-commerce

            Shopify Inc., Canada’s largest e-commerce company, announced Tuesday that it will start selling new hardware for brick-and-mortar retailers, as it attempts to recover from an overly aggressive bet on the speed at which the economy would move online. The device, called POS Go, resembles a smartphone and will allow retailers to provide wireless checkout anywhere in store, while also allowing merchants to view analytics and data on such things as sales, inventory and product information. It’s one of Shopify’s most significant product announcements Read More...

Uber looks to create travel ‘superapp’ by adding planes, trains and rental cars

            Uber is driving ahead with its plan to become a travel “superapp”. The San Francisco-headquartered firm announced Wednesday that it is adding trains, buses, planes and car rentals to its U.K. app this year. The move is part of a pilot that could be expanded to other countries at a later date if it goes well.
While Uber won’t provide these travel services itself, it will allow users to book them through its app following software integrations...

Read More...

Warehouses Transform N.Y.C. Neighborhoods as E-Commerce Booms

The region is home to the largest concentration of online shoppers in the country. The facilities, key to delivering packages on time, are reshaping neighborhoods.

An e-commerce boom turbocharged by the pandemic is turning the New York City region into a national warehouse capital.

In just two years, Amazon has acquired more than 50 warehouses across the city and its surrounding suburbs. UPS is building a logistics facility larger than Madison Square Garden on the New Jersey waterfront...

Read More...

Direct-to-consumer companies hit severely in US

Brands like Warby Parker, Stitch Fix, FIGS Inc, and Allbirds Inc. Launched a new type of retail by selling "direct to consumer" – on the internet — rather than through traditional retailers. These companies' values rose well into the billions, riding on the promise of little overhead, no intermediaries, and a limitless pool of clients. They appeared to be invincible. Today, however, they're tumbling hard and there's no sign of a bottom in sight. DTC companies are being hit hard by...

Read More...

Programmed to win: 10 cities where tech strength defies the pandemic

Timothy Tannert grew up in Akron, Ohio. Chris Anderson made his start in southern California. Now they’ve come together to lead Innotescus, a tech startup that is redefining video’s role in artificial intelligence. And you won’t find them in their old home towns anymore. Instead, they have set up shop in Pittsburgh. Never mind the Pennsylvania city’s long-ago legacy as a steel town. Today, Pittsburgh is rich with expertise in fields such as robotics,...

Read More...

DTC sees renewed investments after pre-covid skepticism

What cooled the DTC market? In short, low barriers to entry, high customer acquisition costs, and the need to generate venture-sized returns brought the entire D2C investment model into question. However, investors seem to be turning their attention back toward the D2C space as we slowly...

Read More...

Wall Street Won’t Intimidate Walmart This Time

The retailer’s fintech partnership — and poaching of Goldman Sachs leaders — signals it’s serious about encroaching on Wall Street’s turf. For two years before the 2008 financial crisis, Walmart Inc. was embroiled in controversy over a plan to open its own bank, eventually withdrawing amid pressure from regulators and Wall Street lobbies. Some 14 years later, the retail giant is gearing up for an even more serious fight.
Walmart announced in January that it formed a partnership with Ribbit...

Read More...

Salesforce announces permanent remote work for most employees

The largest private employer in San Francisco announced today that more than half of its workforce will continue working remotely or on a flexible schedule after the pandemic is over. Salesforce introduced its “Work From Anywhere” strategy, estimating that more than 65% of employees will adopt the new system, based on a company survey. For those that will be coming into an office, the current spaces will be redesigned to accommodate more of a “community hub” feel, focusing on collaboration and breakout...

Read More...