Content tagged with Commerce

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Created: Feb 11, 2026
Created By: System

Content (24 items)

Grab to buy Foodpanda Taiwan from Delivery Hero for $600 million

Delivery giant Grab said on Monday it will acquire Delivery Hero’s Foodpanda business in Taiwan for $600 million in cash, marking its first expansion beyond Southeast Asia. Grab noted that the deal is still pending regulatory approval and is anticipated to close in the second half of 2026. The company …

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Bengaluru food delivery startup Swish raises $38M, its third round in 18 months

Swish, a Bengaluru-based food delivery startup, has raised $38 million in a new funding round, as the 18-month-old company continues to draw investor interest for its 10-minute fresh food delivery service. The Series B round, led by Hara Global and Bain Capital Ventures, also saw participation from Accel, Stride Ventures, …

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DoorDash launches a new ‘Tasks’ app that pays couriers to submit videos to train AI

DoorDash announced on Thursday that it’s launching a new, stand-alone “Tasks” app that will allow the company to pay its delivery couriers to complete assignments aimed at improving AI and robotic systems. Delivery couriers will be able to earn money by completing activities like filming everyday tasks or recording themselves …

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Patreon CEO calls AI companies’ fair use argument ‘bogus,’ says creators should be paid

Patreon CEO Jack Conte says he’s not anti-AI. “I run a frickin’ tech company,” he told the audience at the SXSW conference in Austin this week. Still, the founder of the creator platform has limits. Conte doesn’t think AI companies should be able to train their models on the work …

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Amazon adds 1-hour and 3-hour delivery options in the US

Amazon is launching one-hour and three-hour delivery options across many cities in the U. as the e-commerce giant looks to compete with instant delivery companies like Instacart, DoorDash, and Uber Eats. The e-commerce giant is making more than 90,000 items available via this new delivery system. If an item can …

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Shopify is preparing for AI shopping agents to change everything, exec says

Shopify is preparing for the transformation of a lifetime, according to its president, Harley Finkelstein. Speaking at this year’s Upfront Summit in Los Angeles, the longtime e-commerce veteran spoke about how the company is going all in on agentic shopping. Shopify is the second-largest e-commerce provider in the U. But …

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Apple drops commission rates in China without a fuss

Apple is dropping its commission rate in the App Store in China to 25% from 30% following discussions with the Chinese regulator, the company said Thursday. The new 25% commission will apply to paid apps and in-app purchases, while a lower 12% commission (down from 15%) will be charged for …

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Facebook Marketplace now lets Meta AI respond to buyers’ messages

Facebook Marketplace is rolling out new Meta AI features, including one that automatically replies to messages from interested buyers, Facebook announced Thursday. The social network is also using AI to help sellers list items faster and summarize profiles and is giving sellers the option to offer shipping on their listings. …

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Quince hits $10B valuation with giant $500M round led by Iconiq

In a sea of massive valuations for early-stage AI startups, today we have a bit of rare news: a jumbo round and valuation step-up for an e-commerce company. Quince announced on Wednesday that it raised a $500 million Series E round at a $10. The round was led by previous …

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Ride-hailing inDrive acquires Pakistan’s Krave Mart to bolster grocery delivery

Global ride-hailing company inDrive, known for its bid-based pricing model, has acquired Pakistan-based quick-commerce startup Krave Mart, TechCrunch has learned, as it pushes further into grocery delivery and commerce services in South Asia. The all-stock deal, agreed last year, has received approval from the Competition Commission of Pakistan, allowing the …

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