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How a Chinese anti-virus software maker builds a fintech firm to wrestle with giants

360 Finance, an online consumer loan platform that spun off from China’s anti-virus service giant 360 Group, has joined a raft of Chinese fintech companies to go public in the U.S. over the last

Ten pieces of friendly VC advice for when someone wants to buy your company

I’ve been fortunate to have been part of half a dozen exits this year. Here are 10 bits of advice I’ve distilled from these experiences in the event someone makes you an offer for your startup.

Instacart and Amazon-owned Whole Foods are parting ways

You won't be able to order Whole Foods groceries on Instacart soon.

Companies tracking mutations in cancer cells can provide a key to unlocking better therapies

Investors and entrepreneurs are beginning to bring new diagnostic tools to market that promise better results for cancer patients through the identification of mutations in cancer cells that can creat

African fintech startup Jumo raises $12.5M more to fund Asia expansion

Months after a big round, African fintech startup Jumo has pulled in a fresh $12.5 million to add more fuel for its expansion into Asia Pacific. The new investment comes from London-based investment f

Lazada, Alibaba’s Southeast Asia e-commerce business, gets a new CEO

Alibaba has reshuffled the leadership at Lazada, its e-commerce firm in Southeast Asia, after CEO Lucy Peng — an original Alibaba co-founder — stepped down to be replaced by Lazada execut

Coinbase abandons its cautious approach with plan to list up to 30 new cryptocurrencies

Coinbase is the most conservative exchange in cryptoland, largely because it operates in the U.S. under the watchful eye of the SEC. The $8 billion-valued company trades fewer than 10 cryptocurrencies

Asian streaming startup M17, still recovering from a failed IPO, raises another $25M

M17, the Taiwanese streaming company that controversially priced on the NYSE but didn’t list, has returned to the private markets after it raised a $25 million funding round. The round was led

UrbanClap, India’s largest home services startup, raises $50M

UrbanClap, a four-year-old startup that offers home services across India, has closed a $50 million Series D round for expansion. The round was led by Steadview Capital, a hedge fund with more than $

Steemit, a decentralized sharing system, lays off 70% of staff

Steemit, a distributed app designed to reward content creators, has laid off 70 percent of its staff, citing “the weakness of the cryptocurrency market, the fiat returns on our automated sellin

China’s Didi adds driver training program to counter sharp decline in rides

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,

SimbaPay launches Kenya to China payment service over WeChat

Forging another link between Africa and China's digital economies, the African-focused money transfer startup SimbaPay and Kenya’s Family Bank have launched an instant payment service from East-

WTF is happening to crypto?

Four days ago the crypto markets were crashing hard. Now they’re crashing harder. Bitcoin, which hasn’t fallen past $6,000 for months, has dumped to $4,413.99 as of this morning, and nearl

One billion 3D views and counting

Last week Sketchfab, the 3D content hub, shared an exciting milestone -- the company has just crossed 1 billion cumulative page views. Taken with the community's growth -- they just surpassed 2 millio

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Kenya’s Twiga Foods has raised $10 million from investors led by the International Finance Corporation to add processed food and fast-moving consumer goods to its product line-up.

MetaCert can catch phishing links in your email

MetaCert, founded by Paul Walsh, originally began as a way to watch chat rooms for fake Ethereum scams. Walsh, who was an early experimenter in cryptocurrencies, grew frustrated when he saw hackers du

Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile marketing company Bizense in a cash and stock deal.

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

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&#8217

Oath is dead. Long live Verizon Media Group/Oath

Friends, readers, internet browsers, lend me your ears; I come to bury Oath, not to praise it. The subsidiary brands that companies own live after them; Their terrible rebranding is oft interred with

SoftBank to wait on Khashoggi murder investigation before deciding on second Vision Fund

SoftBank CEO Masayoshi Son says the company won’t walk away from its existing commitment with the Saudi Arabian royal family — the largest LP in its $100 billion Vision Fund — but th
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