Brazilian social commerce marketplace Facily quietly raises $366M in less than a year, now valued at $850M

Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year. Most recently, Facily closed on a $250 million Series D that was led by DX Ventures and Berlin-based Delivery Hero, with Citius as co-anchor investor. That investment values the startup at $850 […]

A wave of LatAm fintechs are laying down new global commerce rails

When it comes to e-commerce, the world is smaller than ever. Developing a new global financial infrastructure capable of supporting a world dominated by digital commerce is a massive challenge.

TechCrunch+ roundup: Collecting zero-party data, Airbnb CEO interview, crypto volatility

On Wednesday, November 17 at 3 p.m. PST/6 p.m. EST, I’ll interview Ben Parr on Twitter Spaces about how zero-party marketing best practices. To get a reminder, please follow @techcrunch on Twitter.

Facebook launches Shops in Groups and Live Shopping for Creators

Facebook announced today that it’s rolling out new shopping features: Shops in Groups, product recommendations and a test of Live Shopping for Creators. Shops in Groups enables admins of Facebook groups to set up an online store on their associated Facebook Page. It’s up to the admins where this money goes — in the case […]

ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt

African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. Summer batch graduate ShipBlu is the latest on that list and confirmed to TechCrunch that it has raised $2.4 million in seed funding. The company, founded by Ali Nasser, Ahmed ElKawass, Abdelrahman Hosny in […]