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Bits & Bytes | Social Commerce, Lucky, Frederic Court, Coupang

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
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By
  • Kati Chitrakorn

"Buy Buy Buy: Why All of Your Favorite Social Networks Want You to Shop Now" (Mashable)
"On Tuesday, Pinterest and Instagram both announced plans to introduce 'Buy It' and 'Shop Now' buttons, respectively, with the promise of convincing their millions and millions of users to shift from browsing to shopping on the social networks."

"Here's How Lucky's E-Commerce Site is Doing" (Racked)
"Now that Lucky is no longer a monthly magazine and is down to a quarterly publication, the pressure must be on for the magazine's e-commerce venture."

"In Wake of Alibaba Lawsuit, Luxury Fashion Startup Xiu Raises $30M Funding" (Tech in Asia)
"Xiu.com, an ecommerce retailer for high-end fashion products in China, today announced it has completed a US$30 million series C round of funding."

"Frederic Court Forms European, Fashion-Focused Venture Firm" (Reuters)
"Frederic Court, one of Europe's standout early-stage investors in recent years, has formed a venture capital firm to invest in digital fashion brands and enabling technologies."

"Softbank Invests $1B in South Korean Online Retailer Coupang" (Associated Press)
"South Korean online shopping site Coupang has secured a $1 billion investment from Japanese Internet company Softbank Corp."

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