Mixer, Microsoft’s Twitch competitor, adds game sales

 Twitch has long since allowed its streamers to generate revenue from their channels through things like subscriptions, virtual tipping, and game sales. Today, Microsoft is adopting one of those features for its own game streaming service, Mixer, with today’s launch of “Direct Purchase.” The addition will allow streamers to promote purchases – including game titles and… Read More

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Amazon’s Prime Rewards Visa cardholders now get 5% back at Whole Foods if they pay for Prime

 Amazon has already rolled out price cuts for Whole Foods shoppers as a result of its acquisition of the grocery chain. It has also rolled up its Treasure Truck deals service to Whole Foods locations, and began delivering Whole Foods groceries through Prime. Now, it’s offering Prime members 5 percent back at Whole Foods when they shop using the Amazon Prime Rewards Visa card, too. The… Read More

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H-E-B acquires Texas-based on-demand company Favor

 H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly-owned subsidiary of the grocery chain. The company first launched in 2014 at SXSW, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San Francisco, Favor built a product… Read More

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Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

 Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that’s already been profitable, and has just raised $9 million in venture funding to boost its growth.  Read More

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JD.com’s logistics business raises $2.5B from Hillhouse, Sequoia China and others

 JD.com, the Chinese e-commerce giant that is Alibaba’s closest rival, is raising giving its logistics spin-out business a huge boost after it announced that the unit is raising $2.5 billion. JD Logistics, which became a standalone business last April, is raising the investment capital from a range of backers who include Hillhouse Capital, Sequoia China, China Merchants Group, Tencent,… Read More

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The sudden death of the website

 Unlike most startup founders who saw the birth of the internet in the mid-1990s, I am still CEO of my company. My longevity in this position gives me a unique perspective on the changes that have happened over the past two decades, and I see one happening right now that will radically transform the internet as we know it. Read More

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Frank and Oak picks up $16 million Series C

 Frank and Oak, the direct-to-consumer clothing brand based out of Canada, is today announcing the close of a $16 million USD Series C funding round led by Caisse de dépôt et placement du Québec, with participation from Goodwater Capital and Investissement Québec. Frank and Oak launched in 2012 offering personalized menswear, with a recommendations newsletter that let users shop without… Read More

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Target partners with Honeyfund to add cash gifts to its wedding registry

 Chalk one up to the power of media exposure. The team responsible for building Target’s online registry saw Honeyfund appear on “Shark Tank,” and thought it would be cool to integrate the honeymoon registry service into Target’s own. Today, that integration has gone live across Target’s website, mobile web and in the dedicated Target registry app. The retailer… Read More

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Outdoorsy, the ‘Airbnb of RVs,’ rolls up $25 million in fresh funding

 According to serial entrepreneur Jeff Cavins, more than 35 million people each year look to rent an RV — 38 percent of them so-called millennials. Yet they often walk away from the experience empty-handed. The reason, he says: There are fewer than 100,000 commercially owned vehicles available from traditional rental services. Read More

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