I write about Amazon and other ecommerce & payments companies at @Recode. Producer of the Code/Commerce event series. Story tips: Jason@recode.net or DM me.

TCV Hires Former Gilt CEO Michelle Peluso as Venture Partner

recode.net — Gilt Michelle Peluso, the Gilt Groupe CEO who led a failed turnaround of the discount shopping site, is joining Technology Crossover Ventures as a venture partner in New York City, the company announced this morning.

Alcohol delivery app Drizly adds next-day delivery and more selection

Alcohol delivery app Drizly adds next-day delivery and more selection
recode.net — If there's a retail sector that has barely gone digital, you can bet Amazon is trying to crack it. In the case of beer and alcohol, a startup called Drizly is moving fast to try to beat Amazon there.

Pinterest confirms ‘acqhire’ of mobile advertising startup URX

Pinterest confirms ‘acqhire’ of mobile advertising startup URX
recode.net — Pinterest has hired about 15 people from now-defunct mobile advertising startup URX, including its co-founder and CEO, the company announced today. The move confirms Re/code's report from last month that Pinterest was in talks to hire staff from the startup, which was struggling to survive.

More than 21,000 small businesses can add same-day delivery through Postmates

More than 21,000 small businesses can add same-day delivery through Postmates
recode.net — Anthony Quintano for Re/code For delivery startup Postmates to be effective long-term, its courier network needs to be busy all day, not just during peak meal times. A new partnership with e-commerce software company Shopify may help. Shopify announced today that businesses that use its software to run their online shops can now give their customers a same-day delivery option through Postmates.

Amazon finally brings its one-hour Prime Now delivery service to the web

Amazon finally brings its one-hour Prime Now delivery service to the web
recode.net — Nearly a year and a half after launching its one-hour delivery service exclusively as a mobile app, Amazon has given its Prime Now offering a destination on the web. Amazon Prime customers can now place orders for one-hour or two-hour delivery on PrimeNow.com.

Amazon looks unstoppable. Here are five things that could slow it down.

Amazon looks unstoppable. Here are five things that could slow it down.
recode.net — Amazon just pulled off its biggest quarterly profit in company history - for the second quarter in a row - and more people should be talking about it. Amazon is on its longest profitability streak in four years. And it's doing so while its core retail business in North America is still growing more than twice as fast as the U.S.

Amazon is profitable for fourth straight quarter

Amazon is profitable for fourth straight quarter
recode.net — Asa Mathat Amazon to competitors: We can turn a profit, too. The e-commerce company just recorded its largest quarterly profit - for the second consecutive quarter - and that's not the only streak it's on. Amazon has now also recorded a profit for four quarters in a row.

Amazon Q1 2016 Earnings

Amazon Q1 2016 Earnings
recode.net — Nicole Craine/WireImage Amazon stock soared more than 12 percent in after-market trading as the company posted first-quarter financial results that easily beat analyst expectations. Amazon recorded a profit of $1.07 per share in the quarter on revenue $29.1 billion, which was a 29 percent increase over the same period last year.

Venmo growth is still huge as of Q1 2016

Venmo growth is still huge as of Q1 2016
recode.net — The Verge Millennials still love their Venmo. Payment volume for the popular money-transfer app, now owned by PayPal, grew 154 percent year-over-year in the first quarter of 2016 to $3.2 billion. That's up from $1.26 billion in the same quarter last year. Here's what Venmo's growth looks like over the last seven quarters.

Judge says Amazon is liable for billing you for your kid’s wild in-app purchases

Judge says Amazon is liable for billing you for your kid’s wild in-app purchases
recode.net — Vjeran Pavic for Re/code A federal judge ruled on Tuesday that Amazon is liable for billing parents for unauthorized in-app purchases made by their children. With the ruling, U.S. District Court Judge John Coughenour sided with the Federal Trade Commission in its lawsuit against Amazon for failing to get consent from parents for in-app purchases made by kids.
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May 04, 2016

RT @Recode: Silicon Valley's GOP elite hate Trump, but don't know whether to vote for Clinton or sit it out on.recode.net/1SP6QRL by @DawnC331C331

May 04, 2016

RT @Recode: Elon Musk wants Tesla to be the world's best manufacturer so badly, he's sleeping in the factory on.recode.net/1q164ZR by @JMBooyahooyah

May 03, 2016

Finally finished long @BillSimmons/@sacca podcast. Sacca thinks @mcuban is a future president & says @kob@kobebryantentially his VC protégé

May 03, 2016

Think I popped one too many chewable coffee cubes. Haven't felt this way since my Club Exit days in 2000


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