African e-commerce giant Jumia reported its second-quarter financial performance today. In the wake of its financial reporting this morning, Jumia’s shares climbed sharply, gaining more than 15%
The world of e-commerce isn’t slowing down, yet many e-commerce aggregators are already struggling. Unless aggregators change how they operate, their future is bleak at best and nonexistent at worst
Streaming media platform Plex, already an expansive service for personal media, free streaming TV, and new content discovery, is venturing into a new area with today’s launch of a new feature,
The FCC has rejected the application of Starlink to provide broadband to rural America at a cost of $885 million over ten years, nullifying a tentative approval back in 2020. The agency said SpaceX, a
Nonprofits need and build tech, too. No matter whether you’re buying it or building it, a nonprofit budget stretches only so far. We understand, and it’s why we offer nonprofit organizations (
For co-founders Amogha Tadimety and Alison Burklund, the idea of starting Nanopath, a women-focused molecular diagnostic company, came from a need to create a company focused on women’s health d
Portal, the beleaguered brand of smart displays released in 2018 by Meta (then Facebook), is reportedly slated for a phase-out as the company refocuses the product line on the enterprise. Ahead of the
We can infer from the data that not only are SaaS multiples recovering, but double-digit revenue multiples are back, baby!
Our best-practice advice to CEOs is to cut deep enough that they are confident there will not be a second round in the next few months.
Amazon’s “One” palm scanner payment technology will be launching at over 65 Whole Foods stores in California. This is the biggest rollout to date, with stores in Malibu, Montana Aven
It’s long been known that security is not a problem that companies, even large corporations, can solve on their own. It takes a community working together to battle the kinds of problems that compan
FullStory, which sells analytics tools for apps and websites, secured $25 million in new equity financing, paperwork filed with the U.S. Securities and Exchange Commission this week shows. TechCrunch
We just raised a $20 million Series A, and we need to hire more engineers to fully develop our product. We’re excited about being decentralized — which immigration options are best for us?
The Reserve Bank of India has published guidelines that it intends to enforce for digital lending firms, recommending more transparency and control to customers as the South Asian nation’s central b
Experienced sailors know that if they turn the wheel too hard, they will soon need to compensate by turning it in the other direction, or they will capsize the boat.
Coinbase is having to defend its model to investors who may have bought into its stock when it was trading much higher. And per its own notes, the bad times are not about to end any time soon.
Stark is a startup that wants to help designers make software and websites more accessible for people with disabilities, and they’ve created a set of tools that plug into popular design tools and br
Love it, hate it or barely understand it, crypto continues to draw massive amounts of VC money, despite recent token turbulence casting a shadow over the still-nascent sector. Case in point, in May th
LongHash Ventures, a web3-focused investment firm and accelerator, has launched its second fund for $100 million, its CEO, Emma Cui, told TechCrunch.
QED Investors, a U.S. fintech-focused venture capital firm, has led a new investment in TeamApt, a Nigerian fintech that provides business payments and banking platforms. The investment was over $50 m