Meanwhile, Bolt and Mercato raise funds, Kenshoo shares personnel news and Contentsquare and Clarus Commerce announce acquisitions.

After a three-year stint at Walmart Inc., Jordan Sweetnam will return to eBay Inc. as its senior vice president and general manager, beginning July 15. He will lead the online marketplace for the U.S., Canada and Latin America.

Previously, Sweetnam spent 12 years at eBay in various management roles, such as senior director of business management and product marketing and vice president of seller experience. He left eBay in 2016 to be senior vice president of customer experience and product at Walmart.

“Jordan’s incredible experience and energy will be a huge asset in this critical leadership role and we are thrilled to welcome him back to eBay to lead our Americas business,” said Jay Lee, eBay’s senior vice president and general manager, markets. “He has long-standing relationships with many of eBay’s seller community, is an avid customer, and will bring an invaluable perspective to the markets leadership team.”

Walmart is No. 3 in the Internet Retailer 2019 Top 1000,and eBay is No. 5 in the ranking of Internet Retailer Online Marketplaces.


In other ecommerce news:

  • Checkout and payments company Bolt raised $68 million in a Series B funding round co-led by investment firms Activant Capital and Tribe Capital, bringing its total amount raised to $90 million. Bolt plans to use the funding to grow its engineering team, build more features and expand globally.
  • Digital advertising technology platform Kenshoo hired Sandy Shanman as its chief revenue officer to direct the company’s global sales. It also promoted Jason Pratt to managing director, North America, to oversee Kenshoo’s expansion across key markets in the United States and Canada. Prior to Kenshoo, Shanman was chief operating officer and chief revenue officer for media company ChefsFeed for nearly five years. Pratt, meanwhile, has been with Kenshoo for more than eight years in a variety of roles such as director of sales and vice president of advertisers.
  • Mercato, an online ordering and delivery platform for independent grocery stores, raised $4 million in a Seed round led by investment firm Greycroft, bringing its total funding to $8.7 million. Mercato plans to use the funding to expand into new markets and develop more technology and services for its independent grocery store customers. “We want to level the playing field and allow these great local businesses to win against their competition, whoever it is,” said Bobby Brannigan, Mercato founder and CEO.
  • Global investment firm Marlin Equity Partners has acquired loyalty program management company Clarus Commerce for an undisclosed amount. “We are excited to work with both firms to enhance our capabilities for retailers and drive our next stage of growth,” said Tom Caporaso, CEO of Clarus Commerce.

  • Digital insights platform Contentsquare has acquired analytics company Clitcktale for an undisclosed amount. The combined company now has more than 600 clients in North America, Europe and Asia and 550 employees—with 170 people in research and development. Some of those clients include Sephora (owned by LVMH, No. 20), Dell Technologies Inc. (No. 4) and Inc. (No. 78). “The combination of Clicktale and Contentsquare heralds an unprecedented wealth of digital data that enables companies to interpret and predict the impact of any digital element—including user experience, content, price, reviews and product—on visitor behavior,” said Jonathan Cherki, founder and CEO of Contentsquare.