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Amazon makes offline retail push in India – TechCrunch

Amazon makes offline retail push in India – TechCrunch Amazon unleashed a flurry of new products this week at a U.S. press event, but halfway across the world, it is getting deeper into physical retail in the Indian market. The U.S. e-commerce giant is buying up 49 percent of More …

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Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession – TechCrunch

Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession – TechCrunch Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion …

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GreyOrange raises $140M to develop fully-automated robotics for warehouses – TechCrunch

GreyOrange raises $140M to develop fully-automated robotics for warehouses – TechCrunch GreyOrange, a Singapore-headquartered firm that develops robots for warehouses, has pulled in a $140 million Series C funding round as it targets more expansion and growth. The company was started in 2011. Today it has five regional offices across the world — …

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With a $10 million round, Nigeria’s Paga plans global expansion – TechCrunch

With a $10 million round, Nigeria’s Paga plans global expansion – TechCrunch More posts by this contributor African tech leaders Fope Adelowo, Ken Njoroge, Tayo Oviosu to speak at Disrupt SF Offering a white-labeled lending service in emerging markets, Mines raises $13 million Nigerian digital payments startup Paga is gearing up for …

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Terra is an ambitious crypto project to build a stable coin through e-commerce – TechCrunch

Terra is an ambitious crypto project to build a stable coin through e-commerce – TechCrunch Four of the world’s largest crypto exchanges are leading a $32 million investment in an ambitious venture out of Korea that’s aiming to develop a new stable coin using e-commerce as the lynchpin. Global exchanges …

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Xiaomi backs Indian consumer lending startup ZestMoney in $13.4M deal – TechCrunch

Xiaomi backs Indian consumer lending startup ZestMoney in $13.4M deal – TechCrunch Xiaomi has continued its investment in India after it led a $13.4 million round for fintech startup ZestMoney. The newly-public Chinese firm previously said it would invest up to $1 billion in India and Indian startups over a five-year …

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Google is supercharging its Tez payment service in India ahead of global expansion – TechCrunch

Google is supercharging its Tez payment service in India ahead of global expansion – TechCrunch Google launched its Tez payments app in India a year ago, and now the company is giving the service major push into retail as it prepares to expand it to other parts of Asia and …

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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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China reaches 800 million internet users – TechCrunch

China reaches 800 million internet users – TechCrunch China’s internet population has now grown beyond 800 million, according to the latest data from the Chinese government. A new report [in Chinese] issued by the China Internet Network Information Center (CNNIC) put the number of people in China with access to …

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Costco now supports Apple Pay across all of its US stores – TechCrunch

Costco now supports Apple Pay across all of its US stores – TechCrunch Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The retailer plans to include support at its gas stations, but that isn’t …

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