jp morgan

  • FreshDirect raises $189 million for grocery delivery

    FreshDirect raises $189 million for grocery delivery

    FreshDirect, a popular online grocery service on the East Coast, is arming itself with $189 million in additional funding. The round was led by J.P. Morgan Asset Management, with W Capital and AARP Innovation Fund investing as well. The new capital will be used to help FreshDirect build up its “manufacturing capacity” and “open up some new geographies,” according… Read More

  • How new tech can improve the loan process Crunch Network

    How new tech can improve the loan process

    Anyone who keeps up with the stock market is likely aware that Lending Club is in hot water. Anyone with professional lending experience is likely unphased by this. Even so, peer-to-peer services remain popular. Because of that, traditional lenders are finally feeling pressure to use technology to improve their own processes, and we’re already seeing substantial progress throughout… Read More

  • Apple May Launch Venmo Competitor

    Apple May Launch Venmo Competitor

    Apple is in talks with banks to launch a mobile payments service, according to a report from the Wall Street Journal. The product would compete with Venmo, the mobile peer-to-peer service from PayPal. The platform, which could be launched as soon as 2016, would link bank accounts with Apple devices. Users could instantly transfer money from one person’s checking account to… Read More

  • This Week On The TechCrunch Bitcoin Podcast: Price Fluctuations, And What Dimon Said

    This Week On The TechCrunch Bitcoin Podcast: Price Fluctuations, And What Dimon Said

    Hello and welcome back to a much-delayed episode of TCBTC, TechCrunch’s bitcoin podcast that went on accidental hiatus. John Biggs and I are back on the bitcoin beat. This time around, we dug into recent price fluctuations that have brought media attention back to the cryptocurrency. As we have noted before, the more that the price of bitcoin moves, the more than the public pays attention… Read More

  • JP Morgan To Grant IPO Access To Everyone

    JP Morgan To Grant IPO Access To Everyone

    Traditionally limited to institutional investors and high-net-worth clients, J.P. Morgan is about to make it easier for retail investors to gain access at the IPO price. The bank is announcing today that it will partner with Motif Investing to give ordinary investors the option to purchase shares in IPOs that are managed by J.P. Morgan. Read More

  • Genomics Needs A Killer App Crunch Network

    Genomics Needs A Killer App

    Genomics has undergone a major shift in the last year. The drop in price in the past decade from $3B to $1K to sequence a genome is the 10X force likely to cause an inflection point in a number of health-related industries. But despite the price, right now genomics is a niche product in large part used in and promoted by academia. Read More

  • Chase Acquires Local Offers Startup Bloomspot

    Chase Acquires Local Offers Startup Bloomspot

    Bloomspot, a San Francisco-based local offers company which debuted back in 2010, has been acquired by Chase Bank, a subsidiary of JPMorgan Chase & Co., to form the basis of forthcoming offers-focused products, the companies are announcing today. Terms of the deal are not being disclosed at this time, but it involves the acquisition of both the technology Bloomspot developed, as well as… Read More

  • Will The HP TouchPad Finally Bring A True iPad Competitor To Market?

    Just yesterday, HP finally let slip pricing and availability for the HP TouchPad tablet, which we now know will hit stores July 1. In terms of competition, HP is top-dog when it comes to PCs, but thus far, Apple has dominated the tablet market. The question now is, will HP’s TouchPad finally create a true, aggressive competitor for the iPad? Read More

  • J.P. Morgan: Global E-Commerce Revenue To Grow By 19 Percent In 2011 To $680B

    With e-commerce spending performing well over the past holiday season, retailers are hoping this trend will continue into 2011. J.P. Morgan senior analyst Imran Kahn has released his annual report forecasting trends for the New Year that includes a number of positive projections for the e-commerce industry. The report forecasts that e-commerce revenue will grow to $680 billion worldwide up… Read More

  • When JP Morgan Talks, People Shouldn't Listen: No iPhone Nano

    JP Morgan has retracted Kevin Chang’s, statement about an iPhone Nano coming like in five days and it will have like so many cool things like maybe a phone that makes free phone calls to like your friends and that it will run on T-Mobile and have a cool file browser and let you put your own ringtones on it and it will have three screens, one on the top so you can see who’s calling… Read More