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E-commerce

Leading alcohol e-commerce shop, Drizly, has announced the launch of its ‘Sip with Purpose’ program, dedicated to supporting and driving BIPOC-,  LGBTQIA-, and woman-owned brands in the alcohol industry.  The platform’s ‘Sip with Purpose’ Brand Accelerator Program is now open for applications. The initiative, which will be highly beneficial for underrepresented founders, aims to provide businesses with a $4 million media commitment to raise awareness and drive support for these brands.  Drizly, founded in 2012, is one of North America’s largest online alcohol marketplaces. The platform, which offers a variety

Minneapolis-based e-commerce app, GoodCarts, has partnered with Shopify and Operation HOPE  to help build Black-owned online businesses through the 1 Million Black Businesses (1MBB) initiative. Black-owned financial, educational platform, Operation HOPE, is a leading global provider of financial dignity education and economic empowerment programs for low-income or moderate-income youth. The organization founded by John Hope Bryant aims to create a whole new approach to community upliftment.  Its 1MBB initiative, in partnership with Shopify, will help millions of Black businesses start, grow, and scale over the next decade to ensure the racial

Nigerian B2B e-commerce platform Omnibiz has secured $15 million in pre-series A funding.  The funding round, led by Timon Capital, included Ventures Platform, Lofty Inc, Chapel Hill Denham, Chandaria, and Musha Ventures.  Omnibiz, founded by Deepankar Rustagi, is a distribution platform that works to create a more revolutionized approach to distribution.  The platform aims to completely change how the retail ecosystem in developing markets operates by eliminating the disorganization of traditional trading and digitizing the retail chain.  “We believe the smart informal retailer – not shopping malls – is the