News
User-generated Amazon reviews are one of the most important ways that consumers find products and decide what to buy. So much so that Amazon has consistently shown itself to be Google’s competitor in e-commerce search. Almost all Amazon product reviews are written but, as business research firm L2 wrote, Amazon is now pivoting to video.
To read more about Amazon's new video strategy, click here.
Investors need to dig deeper into robotics portfolios to better understand the companies they are exposed to, according to Robo Global's EMEA CEO, Richard Lightbound.
Lightbound said robotics is not a mature theme and there is still room for this sector to grow beyond its relatively limited and concentrated universe.
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commerce has long been an industry in which VCs have had success. Indeed, several of Europe's biggest VC investments and exits have come in this sector. Just this year, Rocket Internet-backed food delivery marketplace Delivery Hero priced its IPO at the top of its range at €25.50, netting the company €465 million and giving it a valuation of roughly €4.4 billion. Elsewhere, Deliveroo, one of the most valuable startups in Europe, completed a huge $482 million Series F round in early November.
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Replenishment. It’s a problem. Every ecommerce company needs to do it, but very few have worked out a way that works well for them.
To see how companies tackle replenishment, click here.
Episode 1, an investor in Carwow, Triptease and AimBrain, has raised £60m to invest in early-stage technology startups.
The British Business Bank’s Enterprise Capital Funds programme backed the fund.
Episode 1 will seek to invest between £500,000 and £2m “into teams with real insight into markets that are emerging or evolving”.
To read more, click here.
If you’ve ever gotten product recommendations on Amazon, you’ve seen Danny Lange’s handiwork. The same goes for Uber’s AI that books you a ride. The Danish computer scientist helped build the machine learning platforms that both companies use throughout their operations, from the engineering to the marketing departments.
To read more, click here.
Halfords is the most searched-for UK bike retailer with 1.83m monthly searches each, a new report has revealed.
The Bike Retailers Digital Insight Report, produced by digital marketing specialists Inside Online, ranks 30 of the leading websites within this competitive market according to their online performance. The annual study reveals the successes and shortcomings of each website, highlighting where there is room for improvement.
To read more, click here.
European startups are on pace to collect a record $19 billion from investors this year, despite concerns the U.K.'s departure from the European Union will weigh on the region's technology industry, according to an annual report by the London-based venture capital firm Atomico.
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It is somewhat safe to predict that AI will continue to be at the top of the hype cycle in 2018. But the following 51 predictions also envision it becoming more practical and useful, automating some jobs and augmenting many others, combining machine learning and big data for fresh insights, with chatbots proliferating in the enterprise.
To read the 51 AI predictions, click here.
Revenue at Zoopla Property Group soared by double digits last year as it signalled it was moving into the European market with its acquisition of Dutch Property Valuation firm Calcasa.
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