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AppOnboard raises $15 million to let Android users try before they buy apps on Google Play – TechCrunch

AppOnboard raises $15 million to let Android users try before they buy apps on Google Play – TechCrunch Pitching app developers with a new way to convert app browsers into actual customers, AppOnboard has raised $15 million in a new round of funding, the company said. Based in Los Angeles, …

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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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From rejecting Alibaba’s advances to US IPO – TechCrunch

From rejecting Alibaba’s advances to US IPO – TechCrunch Mogu, a Tencent-backed service that offers fashion content and products to young women, has joined a string of Chinese tech companies pressing ahead to sell their shares through initial public offerings in the US before the year-end. Mogu priced its sale …

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Philippines fintech business Voyager raises $215M in Tencent-led round – TechCrunch

Philippines fintech business Voyager raises $215M in Tencent-led round – TechCrunch One of the year’s largest fintech investments in Southeast Asia has closed after Philippines-based Voyager announced it raised $215 million. The bulk of the deal comes via a previously announced investment from Tencent which, alongside PE firm KKR, agreed to invest …

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Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing – TechCrunch

Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing – TechCrunch Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – …

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As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and ads – TechCrunch

As stock rises on a slim earnings beat, eBay tells analysts to focus on payments and ads – TechCrunch Despite increasing competition from traditional retailers like Walmart and Target, which have invested heavily in e-commerce, and the whupping it’s routinely taking from Amazon among pure e-commerce companies, eBay the 20-year-old …

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Naspers announces $300 million initiative to support startups and tech in South Africa – TechCrunch

Naspers announces $300 million initiative to support startups and tech in South Africa – TechCrunch More posts by this contributor Marieme Diop and Shikoh Gitau to speak at Startup Battlefield Africa Local venture capital fund formation is on the rise in Africa, led by Nigeria Naspers announced a $100 million Naspers …

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Alibaba goes big on Russia with joint venture focused on gaming, shopping and more – TechCrunch

Alibaba goes big on Russia with joint venture focused on gaming, shopping and more – TechCrunch Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture with one of the country’s leading internet companies. Russia is said to have over 70 million internet users, around …

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Alibaba confirms it raised $3B for its newly consolidated local services business – TechCrunch

Alibaba confirms it raised $3B for its newly consolidated local services business – TechCrunch Alibaba has confirmed that it has raised $3 billion for its new-look local services business after it united its Koubei local services business with Ele.me, the on-demand delivery business it recently acquired. The company said it …

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E-commerce drives Southeast Asia’s Sea to record revenue but big losses remain – TechCrunch

E-commerce drives Southeast Asia’s Sea to record revenue but big losses remain – TechCrunch Sea, one of Southeast Asia’s largest internet companies, continues to see losses although its growing e-commerce business helped it hit record revenue. The Tencent-backed company went public back in October when it raised around $1 billion …

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