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Entrepreneurs

Tom Allason’s journey from fake ID purveyor to e-commerce trailblazer

Ahead of delivery company Shutl's US launch in 2013, founder and CEO Tom Allason sits down with GrowthBusiness to explain how he came to offer 1 per cent of his business to Usain Bolt.

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Shutl set for US take-off with backing from e.ventures and Notion Capital

E-commerce delivery service Shutl has secured an additional $3.2 million (£2 million) of investment to go with the $2 million it received in August.

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Queens of e-commerce

As winners of Entrepreneur of the Year at the tenth Investor AllStars, Holly Tucker and Sophie Cornish have a lot to show for their work last year.

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Series D round worth £10 million for notonthehighstreet.com

Online marketplace notonthehighstreet.com has closed its Series D fundraising round and netted £10 million.

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ASOS investor backs Occa-Home

The William Currie Group, which invested in successful fashion e-tailer ASOS, has backed homewares and furniture website Occa-Home.

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Second round of support of eSellerPro

Notion Capital has topped up its investment in eSellerPro by committing a further £1 million to the e-commerce software provider.

News

Stylistpick struts its stuff to secure new investment

Fashion brand Stylistpick has closed a series B fundraising round, raising $11 million (£7 million) through a group of investors.

News

Rakuten closes book on Kobo

E-commerce business Rakuten has agreed to buy electronic book (e-book) retailer Kobo for $315 million (£197 million).

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Rakuten acquires Play.com

Internet service company Rakuten and online retailer Play.com have announced that they have entered into an agreement that will see Rakuten acquire Play.com for about £25 million.

News

Tom Allason’s Shutl secures £650,000 investment

An unnamed European postal group and early-stage venture capital fund Hummingbird Ventures have committed £650,000 in equity investment to delivery internet start-up Shutl.

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10CMS secures £1.6 million from Octopus

Octopus Investments has committed £1.6 million in development capital to e-commerce software developer Curlet, which trades as 10CMS.

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Morrisons takes first e-commerce step

UK supermarket chain Morrisons has secured the acquisition of online baby product retailer Kiddicare, and the rights to its technology platform, in a deal worth £70 million.

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