Amazon launches first fleet of e-cargo bikes in the UK Amazon has launched its first UK micromobility hub for more sustainable deliveries in Central London as it looks ahead to delivering 50% of Amazon shipments with net-zero carbon by 2030. Read more.

WeShop launches as world’s first community-owned ecommerce platform WeShop is launching itself as the world’s first community-owned social ecommerce platform, offering consumers shares in the group every time they make a purchase. The company plans to give away up to 90% of its business to shoppers. Read more. shares in focus after company finances decline Shares in the online retailer will be in sharp focus after it was reported that the group was facing a cash crunch after a leading credit insurer cut cover for suppliers following a decline in company finances. Read more.

Klarna discussing valuation cut to $6bn Klarna Bank is in talks to raise new equity at a valuation as low as $6bn, a fraction of the $45.6bn it commanded last summer as it became Europe’s most valuable startup. Read more.

Short video app Triller files to go public Triller has submitted an initial public offering of its Class A common stock. The announcement comes as the company ended its $5bn merger with video-tech company SeaChange International. Read more.

Online supermarket Ocado and French retailer Groupe Casino extend partnership The partnership will see the creation of a joint venture to provide logistics services to Ocado-powered customer fulfilment centres in France, while Groupe Casino will be able to use Ocado’s in-store fulfilment technology in its Monoprix stores. Read more.