Retailers and Brands News
The Climate Pledge announces 86 new signatories
Amazon have announced that The Climate Pledge has 86 New Signatories, Including Procter & Gamble, HP, and Salesforce, Signaling Their Commitment to Achieving Net-Zero Carbon by 2040 or Sooner. Pledge signatories in total generate over $1.8 trillion in global annual revenues and have more than
Amazon announce Career Day 2021 free virtual recruiting event
Amazon have announced that for Career Day 2021 they are hosting a free virtual recruiting event where they will offer 2,500 open corporate, tech, and operations roles across the UK. The Career Day 2021 event is designed to support all job seekers and attendees will have
Amazon invests in Nature-Based Carbon Removal Solutions in Brazil
Amazon has invested in Nature-Based Carbon Removal Solutions in Brazil through the launch of the Agroforestry and Restoration Accelerator in partnership with The Nature Conservancy, a global environmental organization. The Accelerator will create a more sustainable source of income for thousands of local farmers in
Olsam raises $165M in series A funding round
According to reports, Olsam have raised $165M in a series A funding round. The funding will help the company expand on its acquisitions of leading Amazon FBA businesses as well as assist with the expansion of it's platform and staffing. Apeiron Investment Group, Elevat3 Capital,
Amazon announce two new cybersecurity initiatives
Amazon have announced two new cybersecurity initiatives that will help protect organizations and individuals from increasing cybersecurity threats. Starting in October, Amazon will make available to the public the cybersecurity training materials it has developed to keep its employees and sensitive information safe from cyberattack. In
Turkish marketplace Trendyol raises 1.3 billion euros
Turkish online marketplace Trendyol has raised 1.3 billion euros ($1.5 billion) in a funding round, valuing the Company at $16.5 Billion. “We founded Trendyol to create positive impact in the countries we serve. The funding proceeds will support Trendyol’s growth both within Turkey and internationally. In particular,
Amazon plans first fulfillment center in Port St. Lucie Florida
Amazon have announced that they are planning to open their first fulfillment center in Port St. Lucie Florida. The site is anticipated to launch in 2022 and will open up more job opportunities and greater fulfillment capabilities for Amazon businesses in the area. “We’re excited to
Suma Brands Raises $150M Series A to grow Amazon FBAs
US based Suma Brands, an ecommerce platform focused on developing Amazon FBA brands into household names was launched from stealth and have announced a $150M Series A led by Pace Capital and Material alongside a credit facility led by i80 Group. The company which was
PayPal partners with ADL to fight extremism in the U.S.
PayPal have announced a partnership with ADL (the Anti-Defamation League) that will help fight extremism and hate through the financial industry and across at-risk communities. This is the latest effort by PayPal in combating racism, hate and extremism across its platforms and the industry. Through this