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This story is available exclusively to Insider subscribers. Become an Insider and start reading now. 2020 was a huge year for e-commerce, and VCs want to fund startups that can improve infrastructure and make 2021 an even bigger year for the sector. VCs speaking with Insider said that they re eager to invest in startups that can provide analytics, logisitcs, and operational support to e-commerce compaies. We believe that the best time to start a company is during times of uncertainty because both the cracks and innovation become more evident in a given sector, Hans Tung, managing partner of GGV Capital, said to Insider. ....
Total e-commerce deals in last five years: 66 When it came to e-commerce this year, Forerunner Ventures focused its investment efforts on companies that are reimagining the future of retail and demonstrate a disregard for the status quo, Johnson said. The firm led a Series A funding round for Dumpling, a platform that enables individuals to launch their own personal grocery shopping businesses. It also upped its investment in Sunday, a startup that delivers customized lawn and garden products, as well as in Faire, the online wholesale marketplace. Looking forward to 2021, Johnson said Forerunner is looking to fund companies that fit consumers evolving needs. ....