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Starbucks challenger Luckin snags $200M investment on $2.2B valuation – TechCrunch

Starbucks challenger Luckin snags $200M investment on $2.2B valuation – TechCrunch Luckin, a startup that vows to topple Starbucks’ dominance in China, announced on Wednesday that it’s lifted its valuation to $2.2 billion after raising $200 million in a series B funding round. That came only five months after the …

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China’s Tencent Music raises $1.1 billion in downsized US IPO – TechCrunch

China’s Tencent Music raises $1.1 billion in downsized US IPO – TechCrunch Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the largest tech …

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Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the …

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InVision, valued at $1.9 billion, picks up $115 million Series F – TechCrunch

InVision, valued at $1.9 billion, picks up $115 million Series F – TechCrunch “The screen is becoming the most important place in the world,” says InVision CEO and founder Clark Valberg. In fact, it’s hard to get through a conversation with him without hearing it. And, considering that his company …

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Fintech startup Plaid raises $250M at a $2.65B valuation – TechCrunch

Fintech startup Plaid raises $250M at a $2.65B valuation – TechCrunch In the five years since its product was showcased onstage at TechCrunch Disrupt New York’s hackathon, Plaid has emerged as one of the most critical contributors to financial technology’s evolution — and one of the most under the radar. …

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Vroom nabs $146M from AutoNation, VCs for its used car marketplace – TechCrunch

Vroom nabs $146M from AutoNation, VCs for its used car marketplace – TechCrunch Vroom has raised $146 million in Series G funding, an expansion to a $30 million investment we reported in early September. U.S. automotive retailer AutoNation led the round for the startup, with participation from existing investors T. …

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A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B – TechCrunch

A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B – TechCrunch There is no shortage of up-and-comers jostling for a spot in China’s massive ecommerce industry, and oftentimes they pick a niche market and present a novel business model different from the establishment of …

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Fund Seeks $200 Million to Help Startups Survive a Crypto Winter

Fund Seeks $200 Million to Help Startups Survive a Crypto Winter A bear market might not seem like the ideal time to be launching a crypto investment vehicle. But that’s not how blockchain pioneer David Johnston sees it – quite the opposite. Revealed exclusively to CoinDesk, Johnston has launched the …

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UNICEF Funds 6 Blockchain Startups to ‘Solve Global Challenges’

UNICEF Funds 6 Blockchain Startups to ‘Solve Global Challenges’ The United Nations’ charity arm for children, UNICEF, is funding research into blockchain tech. Announced Monday, UNICEF is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,” ranging from healthcare delivery transparency to managing finances and resources. …

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