Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and AliExpress that are enabling Chinese businesses to sell abroad. Behind the scene, a group of startups are making the software that allows exporters to more
Enterprise
DoorDash has confirmed that it has teamed up with Facebook Marketplace to make that awkward exchange of items with a stranger a bit easier. The company said DoorDash Drive, its business-to-business service that provides drivers to merchants through their own website or app, is now in the early stages of testing a service that will
Crypto sector’s first $1 billion deal, announced at the height of record surge in token prices, is disbanding as the market reverses much of the gains. Galaxy Digital said Monday it has terminated the $1.2 billion proposed acquisition of crypto custodian BitGo, a high-profile deal they announced in May last year, after the San Francisco-based
Ride-hailing giant Uber is shutting down its free loyalty program, Uber Rewards, so it can focus on its subscription-based Uber One membership. Uber first launched the rewards program in 2018 as a sort of frequent flyer scheme that allowed riders to earn points for every dollar spent on rides or Uber Eats deliveries. Those points
We wrote that the Vietnamese EV car company Vinfast is bringing its EV companies to the US. Since then, congress announced it is making changes to the $7,500 federal electric vehicle tax credit, meaning that it becomes much harder to get that sweet, sweet tax deduction. The two major changes are that the tax credit
Hi again! Welcome back to Week in Review, the newsletter where we quickly recap the top stories from TechCrunch dot-com this week. Want it in your inbox every Saturday? Sign up here. Is Facebook for old people? If you’ve got a teenager around the house, you’ve probably heard them say as much. The most read
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. For longtime Startups Weekly readers, you’ll remember that edtech used to be my primary beat. Like, day one beat. Most of my coverage was focused on edtech’s rise in the early innings
Spend any amount of time in New York, and you’ll feel it. Manhattan and Brooklyn are teeming with activity. It’s electrifying to be there after years spent relatively locked down. The question, and one asked this week by the San Francisco Chronicle, is why San Francisco isn’t bouncing back in the same way. As reporter
Threats of violence reached a fever pitch — reminiscent of the days leading up to the Capitol attack — following the news that the FBI raided Trump’s Florida beach club to retrieve classified documents the former president may have unlawfully taken there. After Trump himself confirmed Monday’s raid at Mar-a-Lago, pro-Trump pundits and politicians rallied
Sanjay Manchanda Contributor Sanjay Manchanda is CMO of Chargebee. He has helped build a multibillion dollar SaaS business, scale new product businesses and delivered go-to-market and demand-gen strategies at Box and Microsoft. Challenging times for the tech and consumer industries have created a lot of buzz around “subscription fatigue.” The very model that business and
Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon on Monday, South Korea’s Ministry of Justice said, paving way for the heir to the country’s biggest company to regain power at the top. Lee was paroled from prison last year after serving 18 months in jail for bribing former South Korean president
MGM (which is owned by Amazon) is making a viral video show based on footage from Ring security cameras (also owned by Amazon). The syndicated television show, “Ring Nation,” is poised to be a modern-day, surveillance-tinged spin on “America’s Funniest Home Videos” with Wanda Sykes as host. According to a report in Deadline, the show
In retrospect, edtech’s spotlight feels like a fever dream. In the early innings of the pandemic, top companies turned into unicorns seemingly overnight as Zoom school became an actual reality for millions across the world, and a frenzy of check-writing seized investors. Then, we slowly saw the spotlight focus and sharpen. The very companies building
Kenyan retail B2B and end-to-end distribution platform Marketforce laid off a chunk of its workforce in July, according to sources familiar with the matter. In an email sent from Marketforce CEO Tesh Mbaabu and obtained by TechCrunch, the layoffs were a part of a reorganization strategy in Kenya, one of its five markets which include
Nikhil Patel is the kind of founder who investors adore. He’s a brainiac who, before studying computer science at Yale, spent three years in high school working as a research associate at the University of Central Florida. “I started working there before I could drive, and it was the most embarrassing thing to get dropped
Nigel Morris Contributor Nigel Morris is the co-founder and managing partner of QED Investors. More posts by this contributor Ending the mental health stigma in the tech community The uncertain economic landscape of 2022 has left businesses and their founders between a rock and a hard place. Many CEOs can’t afford to simply exist within
Manufacturing plants or factories take raw material inputs and add value through a sequence of unit processes before shipping a product. Now, this process must follow a recipe. There are a series of instructions for products such as cars; in those instructions, a list of parameter values, specific temperature for iron melting, specific pressure for
A former Twitter employee suspected of spying on behalf of Saudi Arabia was found guilty, Bloomberg reported Tuesday. The employee, U.S. resident Ahmad Abouammo, was also convicted by a jury of conspiracy to commit wire fraud, falsifying records and money laundering. He faces up to 20 years in prison. Abouammo worked on media partnerships in
TechCrunch is bringing our flagship event Disrupt back to the real world this year, which means we’re hard at work on our big October 18-20 shindig. Founders, investors, tech denizens, crypto fans, and the like: We’re making something incredible just for you. And no portion of the event has me more excited than what we
WhatsApp is introducing a small flurry of privacy-minded tweaks into the messaging app, the company announced on Tuesday. The Meta-owned globally ubiquitous messaging service says the changes aim to give users more control over their experience while introducing “added layers” to protect their private communications. WhatsApp will introduce an option for users to privately use
It seems like only a couple of months since Boundary Layer announced its $5 million-ish round of financing, but the company hasn’t been resting on its laurels. Today, its founders told me it signed up some beefy launch partners and is gearing up for a large-scale roll-out as early as 2025. The company is planning
Earnings season is slowing, with the largest U.S. tech companies already having reported second-quarter results. But oftentimes the most interesting results come not from your Amazons or Apples, but from smaller concerns — and even those that are not traditional tech companies. SoftBank, for example. Today, the Japanese conglomerate and startup investing powerhouse reported earnings
Chinese internet giant Baidu has secured permits to offer a fully driverless commercial robotaxi service, with no human driver present, in Chongqing and Wuhan via the company’s autonomous ride-hailing unit, Apollo Go. Baidu’s wins in Wuhan and Chongqing come a few months after the company scored a permit to provide driverless ride-hailing services to the
Welcome back to Chain Reaction. Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This week, we’re looking at hardware wallets and the endless journey towards feeling safe in the crypto world. To get this in your inbox every Thursday, you can subscribe
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Young startups often thrill early adopters by offering outstanding customer service with a personal touch. Many Big Tech companies, on the other hand, are
Hello again! Welcome back to Week in Review, the newsletter where we quickly recap the top stories to cross TechCrunch dot-com over the past seven days. Want it in your inbox? Get it here. The most read story this week is kind of a wild one: Bolt Mobility, an on-demand bike/scooter rental company co-founded by
Gumroad’s Sahil Lavingia broke into the venture world as one of the early testers of the rolling fund, an AngelList product that allows investors to raise capital on a subscription-like basis. That was in 2020. Fast-forward to 2022 and a lot has changed. One of those changes? The number of pitches from founders looking to
Binance, the world’s largest crypto exchange by trading volume, said on Friday it doesn’t own India-based platform WazirX despite disclosing the acquisition two and a half years ago. Changpeng Zhao, founder and chief executive of Binance, said in a series of tweets that the company has been “trying to conclude the deal for the past
Astra CEO Chris Kemp told investors Thursday that the company will be no longer launch payloads with its current lightweight vehicle, Rocket 3, and will instead remanifest all launches on a considerably larger rocket that’s still under development. It’s a big change for the company, which has operated on the hunch that customers are willing
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