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Struggling e-commerce firm LightInTheBox completes $85M deal for Singapore’s Ezbuy – TechCrunch

Struggling e-commerce firm LightInTheBox completes $85M deal for Singapore’s Ezbuy – TechCrunch Southeast Asia is a growing digital marketplace and increasingly a focus for startups across the world but there haven’t been many exits. So it’s notable, then, that struggling Chinese discount e-commerce service LightInTheBox has closed its acquisition of …

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Coinbase abandons its cautious approach with plan to list up to 30 new cryptocurrencies – TechCrunch

Coinbase abandons its cautious approach with plan to list up to 30 new cryptocurrencies – TechCrunch Coinbase is the most conservative exchange in cryptoland, largely because it operates in the U.S. under the watchful eye of the SEC. The $8 billion-valued company trades fewer than ten cryptocurrencies to consumers but …

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Asian streaming startup M17, still recovering from a failed IPO, raises another $25M – TechCrunch

Asian streaming startup M17, still recovering from a failed IPO, raises another $25M – TechCrunch M17, the Taiwanese streaming company that controversially priced on the NYSE but didn’t list, has returned to the private markets after it raised a $25 million funding round. The round was led by Terry Tsang — CEO of …

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UrbanClap, India’s largest home services startup, raises $50M – TechCrunch

UrbanClap, India’s largest home services startup, raises $50M – TechCrunch UrbanClap, a four-year-old startup that offers home services across in India, has closed a $50 million Series D round for expansion. The round was led by Steadview Capital, a hedge fund with over $1 billion under management, and existing investor Vy …

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Steemit, a decentralized sharing system, lays of 70% of staff – TechCrunch

Steemit, a decentralized sharing system, lays of 70% of staff – TechCrunch Steemit, a distributed app designed to reward content creators, has laid of 70% of their staff citing “the weakness of the cryptocurrency market, the fiat returns on our automated selling of STEEM diminishing, and the growing costs of …

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China’s Didi adds driver training program to counter sharp decline in rides – TechCrunch

China’s Didi adds driver training program to counter sharp decline in rides – TechCrunch Didi Chuxing, China’s largest ride-hailing company by number of users, has been struggling to recover from a major setback following the deaths of two passengers earlier this year. On Wednesday, its founder and CEO Cheng Wei released …

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SimbaPay launches Kenya to China payment service via WeChat – TechCrunch

SimbaPay launches Kenya to China payment service via WeChat – TechCrunch More posts by this contributor Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense Forging another link between Africa and China’s digital economies, the …

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WTF is happening to crypto? – TechCrunch

WTF is happening to crypto? – TechCrunch Four days ago the crypto markets were crashing hard. Now they’re crashing harder. Bitcoin, which hasn’t fallen past $6,000 for months, has dumped to $4,413.99 as of this morning, and nearly everything else is falling in unison. Ethereum, flying high at $700 a …

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One billion 3D views and counting – TechCrunch

One billion 3D views and counting – TechCrunch Last week Sketchfab, the 3D content hub, shared an exciting milestone — the company has just crossed 1 billion cumulative pageviews. Taken with the community’s growth — they just surpassed 2 million users, as well as the 200 million people that have …

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Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital – TechCrunch

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital – TechCrunch More posts by this contributor Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies Kenya’s Twiga Foods has raised $10 million from investors …

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