Logistics giant Flexport is raising $260 million from partner and e-commerce titan Shopify after burning through hundreds of millions of dollars last year, per a report in The Information.
The huge fundraising event is just the latest headline for the San Francisco-based startup that hit a peak valuation of $8 billion almost exactly two years ago after raising a massive $935 million round. Read more about the study…
The U.K.’s fastest and most powerful supercomputer has come online to power AI training and…
Amazon's 1.2 billion euros investment in France to create 3,000 jobs, enhance cloud infrastructure for…
Coming off an upturn in 2023 business, ecommerce technology company BigCommerce is eyeing more growth…
Amazon has finally launched its South African store after announcing its intent last year in…
As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are…
PostNL N.V. (PNL.AS), the Dutch postal and e-commerce logistics company, has reiterated its full-year outlook…