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Foxconn or Foxgone? Tariffs, Wisconsin, and iPhone fires – TechCrunch

Foxconn or Foxgone? Tariffs, Wisconsin, and iPhone fires – TechCrunch First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn, and then quick notes on tech depression, Huawei, and more. TechCrunch is experimenting with new content forms. This is a rough draft of something …

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China’s Didi restructures key units to improve safety following passenger deaths – TechCrunch

China’s Didi restructures key units to improve safety following passenger deaths – TechCrunch China’s largest ride-hailing operator Didi Chuxing announced on Wednesday a major restructuring, which trails a series of tweaks to its core businesses following two separate passenger murders that happened in May and September. The reshuffle will see Didi …

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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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Alibaba-backed parenting site Babytree starts taking orders for downsized IPO – TechCrunch

Alibaba-backed parenting site Babytree starts taking orders for downsized IPO – TechCrunch A lot of Chinese millennials may be delaying or opting out of childbearing, but those who have committed to parenting often go all out to ensure their children grow up healthy and do well in school. One company …

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Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailing – TechCrunch

Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailing – TechCrunch A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform for local services, continues to put the brakes on bike-sharing and ride-hailing, the company said on …

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Mexican venture firm ALL VP has a $73 million first close on its latest fund – TechCrunch

Mexican venture firm ALL VP has a $73 million first close on its latest fund – TechCrunch Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced …

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WeChat reaches 1M mini programs, half the size of Apple’s App Store – TechCrunch

WeChat reaches 1M mini programs, half the size of Apple’s App Store – TechCrunch They may not be widely known outside of China, but Tencent’s mini program initiative to develop ‘apps’ that live outside of app stores is bearing fruit after it clocked two notable landmarks: 200 million daily users …

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Monashees raises $150 million for its eighth Brazilian fund – TechCrunch

Monashees raises $150 million for its eighth Brazilian fund – TechCrunch As technology investment and exits continue to rise across Brazil, early stage venture capital firm monashees today announced that it has closed on $150 million for its eighth investment fund. Commitments came from Temasek, the sovereign wealth fund affiliated …

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China’s Didi Chuxing is poised to expand into hotel bookings – TechCrunch

China’s Didi Chuxing is poised to expand into hotel bookings – TechCrunch China’s largest ride-hailing app Didi Chuxing is entering the hotel-booking business as it strives to recover from two highly publicized murders of female passengers by drivers on its platform. That’s according to Chinese business magazine Caijing and tech …

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Southeast Asia’s Grab pulls in $200M from travel giant Booking – TechCrunch

Southeast Asia’s Grab pulls in $200M from travel giant Booking – TechCrunch Fresh a strategic investment from Microsoft, Southeast Asia’s ride-hailing leader Grab is back in the money again after it closed $200 million in fresh capital from Booking Holdings, the travel firm formerly known as Priceline. The investment is …

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