Sneaker marketplace GOAT hits $3.7 billion valuation in Series F raise

Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise. The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by a handful of hedge...

How Shopify aims to level the playing field with its machine learning-driven model of lending

Shopify is widely known for giving independent merchants a platform to start, run, market and manage their businesses. But over the past 5 years, the company has been steadily growing another part of its own business: Shopify Capital. Through this arm, the Canadian...

US indicts California man accused of stealing Shopify customer data

A grand jury has indicted a California resident accused of stealing Shopify customer data on over a hundred merchants, TechCrunch has learned. The indictment charges Tassilo Heinrich with aggravated identity theft and conspiracy to commit wire fraud by allegedly...

Amazon launches its first Amazon Air regional hub in Europe

Amazon has officially started operations at its first European Amazon Air hub, based out of the Leipzig/Halle Airport in Germany. The new facility spans 20,000 square meters (65,600 square feet) and will host two Amazon-branded Boeing 737-800 aircraft, brining the...