See on Scoop.it – Start Up World

Female-led start-ups are on the upswing, thanks in part to the tremendous online purchasing power of women.

“The emergence of young female tech founders and executives reflects sweeping change in the worlds of start-up companies and angel funding, where wealthy investors give money in return for a stake in a company. It underscores the enormous purchasing prowess of women online that is transforming the Web economy. As more consumers reach for their smartphones and tablets to shop and communicate, there is a pressing need for commerce sites that cater to women, who control 70% of online purchases worldwide”

See on www.usatoday.com