China

Pandas wants to give Latin American businesses buying power in Asia

Pandas connects Latin America's small businesses directly with Asian manufacturers to reduce logistical problems and high fees often imposed by importers and intermediaries.

Airbnb China closes domestic unit to cut costs as it bets on border reopening

Airbnb will terminate its domestic business in China, marking the partial retreat of another Western tech giant from the country. Like most of its peers, the home sharing titan is shifting its focus t

Didi’s delisting now done deal

Chinese ride-hailing giant Didi has voted to delist from the U.S. stock market, a long-expected result of Didi finding itself in hot water with the Chinese government after a troubled U.S. debut.

Cisco’s latest results indicate a reckoning may soon be at hand

Cisco's acquisitive approach has helped it report decent revenue growth over the years, but the disruption dogs might have finally caught up.

‘Move-to-earn’ Solana app StepN is latest crypto gaming craze

Since its launch in December, StepN, an app that lets users walk and run to earn tokens, has quickly become a household name in the play-to-earn blockchain gaming, or GameFi, world. Two to three milli

Salty, subterranean water could relieve world’s lithium shortage

Today’s lithium mines can't hope to meet skyrocketing demand. Startups like Lilac Solutions and Vulcan Energy Resources have leaped into action with new, more efficient lithium extraction processes

CyberConnect raises $15M Series A to put data back in the hands of users

One of the promises made by web3 entrepreneurs is putting data back in the hands of owners through decentralization. Palo Alto-based CyberConnect is among a handful of blockchain startups working to f

ZMO.ai secures $8M led by Hillhouse to create AI generated fashion models

With breakthroughs in machine learning, it’s no longer uncommon to see algorithmically generated bodies that can move and talk authentically like real humans. The question is now down to whether

Drip aims to provide thrill of live commerce to NFTs, physical collectibles

Drip is "Shopify for livestream commerce,” providing tooling so users can run live stream auctions, drops or buy it now formats via Drip’s existing marketplace. 

Daily Crunch: ‘The bitcoin network is not a payments network,’ says FTX CEO Sam Bankman-Fried

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Nigeria’s Topship raises $2.5M from Flexport and YC to help merchants with international shipping

African merchants encounter many challenges when it comes to international shipping, ranging from logistics and customs to hidden and excessive charges. Digital freight forwarders on the continent hav

Valued at $50M, Body404 wants to bring Chinese indie brands to the world

Over the past few years, Shein has taken over online fast fashion by exporting affordable wear from China to customers around the globe. Its success has attracted a wave of imitators, but a startup ca

Synergies raises $12M to give factory managers an AI analytics assistant

There’s no lack of startups around the world trying to make industrial activities more efficient with artificial intelligence. Some invent robots to assist or replace manual labor, while others

Daily Crunch: Peloton CEO to shareholders: ‘Turnarounds are hard work’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Musk talks Tesla demand, EV startups and scooters in expansive interview

Elon Musk weighed in on Tesla, SpaceX and his multitude of other companies — including that social media business he’s trying to purchase — during a wide-reaching 80-minute interview Tuesday

China’s internet users are paying close attention to the crypto crash

While China has banned cryptocurrency trading, its people remain interested in the ups and downs of the crypto market, not least because many of them have found workarounds and continue to buy and sel

Daily Crunch: Fairly stagnant since April launch, Coinbase NFT sales volume is under $700K

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk

Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between China and the U

China’s gaming giant NetEase opens first US studio in Austin

NetEase, the second-largest gaming company in China and the sixth-largest in the world, has opened its first U.S.-based studio in Austin as China’s gaming industry slows. The company’s arc

Binance gets regulatory nod in France, paving the way for Europe push

Binance, the world’s largest crypto exchange by volume, has gained regulatory approval to provide digital asset services in France, the first European country where it has acquired such permissi
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