Flexport

Shopify to reduce workforce by 20%, sells logistics business to Flexport for 13% equity

Shopify revealed today that it’s laying off 20% of its workforce, impacting more than 2,000 people, and is selling its logistics business to Flexport for roughly 13% in stock. The news comes som

‘Most active investor’ FJ Labs closes on $260M across two new funds

Fabrice Grinda says he never intended to run a venture firm. He just really (really) enjoyed angel investing. In fact, by late 2013, when he was on the verge of selling the global classifieds marketpl

Deal terms, fatality rates and the drawbacks of credit lines; a view from today’s most active VC firm

Yesterday, we had the chance to catch up with Fabrice Grinda, a French, New York-based serial entrepreneur who co-founded the free classifieds site OLX — now owned by Prosus — and who has

Xeneta makes a splash with $80M on a $265M valuation to scale its crowdsourced sea and air freight analytics

The wheels of global commerce continue to turn, through wars, pandemics and economic downturns; and today a startup taking a new tech approach to improve the workings of one of the more antiquated asp

Arena raises money from Peter Thiel and David Petraeus for its decision-making AI

Can AI automate enterprise decision-making? It’s an exceptionally broad and challenging task — assuming it’s within the realm of possibility. But that’s what startup Arena clai

Ghost appears with new funding, marketplace to match buyers with unsold products

Ghost created a marketplace, similar to eBay, that provides a way for brands to get rid of excess inventory and will handle all of the posting, sales and shipment of goods sold.

The next wave of supply-chain innovation will be driven by startups that help incumbents win

For years, the narrative for innovation in supply chain has focused on the disruptors. Less heralded has been the next wave these disruptors often catalyze: Digital enablers.

PayCargo, a fintech for the freight industry, raises $130M

Shipping and cargo services is one of the more fragmented and analogue verticals in the world of industry, with hundreds of thousands of businesses involved in myriad aspects of a process that is fund

Departing Amazon exec Dave Clark to head logistics startup Flexport

Dave Clark, the former Amazon consumer chief, will take over as CEO of freight forwarding and customs brokerage startup Flexport starting September 1, 2022. Clark resigned from his role as CEO of Amaz

clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

The company delivers a package every 20 seconds and services customers of all sizes, from AB inBev and Red Bull to small Shopify merchants.

This week in TechCrunch podcasts: The new TC Pod, Chain Reaction, Found, Equity and The TechCrunch Live Podcast

TechCrunch is more than just a site with words. We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. To help y

What’s ahead for crypto startups?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex scour the news and record not

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

Will the corporate venture boom lead to an M&A frenzy?

Why recent CVC activity combined with the current climate for startups could result in a more active M&A market.

Why Latin America’s freight-forwarding opportunity is still attracting capital

Amid a pandemic and unrest over gasoline prices, investors are still pouring money into Latin America's logistics and shipping businesses.

Silq spins its technology into visibility for apparel manufacturing

The company's approach is to bring visibility and real-time data from the manufacturing floor to brands so that brands can source, make and ship apparel.

Secureframe secures $56M for a platform that automates an enterprise’s compliance with standards like HIPAA and SOC 2

Meeting compliance standards like HIPAA and SOC 2 can be a critical — and often mandatory — part of the matrix of boxes that need to be ticked when securing an organization, but it’s

7bridges raises $17M to automate logistics supply chains using AI

Supply chain logistics — getting components and eventually finished products from A to B to C — is one of the most critical parts of running a business, not least because it is one of the

Mark Cuban and former Oculus CEO back 3D e-commerce startup VNTANA

As Facebook and Apple charge headlong into a more 3D future for the consumer web with big plans for mixed reality headsets, most web content out there is still firmly 2D. And while some are pushing fo

137 Ventures, which provides loans to private company shareholders, just raised a new fund

137 Ventures, a 10-year-old, San Francisco-based firm that offers loans to founders, executives, early employees and other large shareholders of private, high-growth tech companies in exchange for the
Load More