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How China is shaping the future of shopping Live video has become a core feature of China’s biggest ecommerce apps
Thu, May 13, 2021, 05:26 Tim Bradshaw, Hannah Murphy
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After becoming habituated to shopping on PCs and laptops, it may take years more for American and European consumers to fully embrace the modern version of the Home Shopping Network
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Tech entrepreneur Dan Dan Li has been waiting years for the smartphone generation to rediscover a venerable American pastime: the shopping channel.
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From PayPal to Gr4vy, John Lunn, a leading executive with
Paypal (NASDAQ: PYPL) during his time leading the company s Developer and Start-up Relations division, has come back to the payments business with a new firm, Gr4vy.
After that stint in 2015-16, Lunn became a partner in PayPay Ventures until early 2020. In late 2020, he launched Gr4vy, a cloud-native payments company. The company announced a $11.1 million Series A funding round led by Nyca Partners with participation from Activant Capital, Global Founders Capital and Firestartr. Total company funding is now $12.2 million. At Gr4vy, we accelerate digital transformation by integrating the advantages of cloud computing into payment orchestration. Our innovative platform provides a seamless way for retailers to manage payments without the need for added infrastructure or payment teams, said Lunn, founder and CEO. We are the only payment orchestration platform built natively in the cloud. With our infrastructure a
Firestartr, bringing its total funding to $12.2M.
Gr4vy s founders from left to right: Founder and CEO John Lunn, Co-Founder and CTO Ali Minaei and Co-Founder and CPO Cristiano Betta At Gr4vy, we accelerate digital transformation by integrating the advantages of cloud computing into payment orchestration. Our innovative platform provides a seamless way for retailers to manage payments without the need for added infrastructure or payment teams, said John Lunn, founder and CEO of Gr4vy. We are the only payment orchestration platform built natively in the cloud. With our infrastructure and tools, retailers can expand and control their payment stack from anywhere. Gr4vy is also payment service provider agnostic. Retailers can mix and match providers, payment methods and route their transactions without being locked into a single ecosystem. This agility and flexibility ensures retailers never have to lose a customer or transaction again.
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