rakuten

Twid, an Indian startup operating a rewards-based payment platform, has raised $12 million to scale its network of merchants and issuers and expand its solution in the South Asian market.…

Google backs Indian rewards payments startup Twid

Viber, the messaging app owned by Japanese e-commerce giant Rakuten, has long been dancing around the area of fintech, launching services like money transfer and chatbot payments in various countries…

Messaging app Viber launches Payments, a new digital wallet for paying bills, money transfers and buying goods

Founded in 2018, European micromobility startup Reby took an interesting path. It deployed e-scooters in the city of Zaragoza (Spain), during the COVID-19 pandemic, but also created a SaaS-oriented “MaaS”…

European micromobility startup Reby acquired by PE player House of Lithium for $100M

Six months after raising $250 million, Papaya Global is making a key acquisition to expand its cloud-based HR and payroll platform globally on the heels of major surge in remote working.…

Papaya Global to buy Azimo for $150M-$200M to expand its payroll payments to more markets

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Daily Crunch: Asian and Hispanic e-grocer Weee! bags $425 million Series E

Rakuten Symphony, the recently launched telco-focused arm of Japan’s Rakuten Group, today announced that it has acquired Robin.io, a startup that offers a Kubernetes platform optimized for storage solutions and…

Rakuten Symphony acquires Kubernetes platform Robin.io

Voila, a startup building infrastructure for social commerce, is bringing concepts from China’s e-commerce market to the U.S. The company offers an alternative to the “link in bio” solutions used…

Voila raises $6M for its AI-powered storefronts for online creators

As a SaaS company with a community-led growth model, our journey to breaking into Japan might be different to companies with other models, but the core tenets remain the same.…

How our SaaS startup broke into the Japanese market without a physical presence

QuEra Computing, a Boston-based quantum computer developer, is coming out of stealth mode today with $17 million in funding from Rakuten, Day One Ventures and Frontiers Capital. Angel investors Serguei Beloussov and Paul Maritz also joined in…

QuEra Computing emerges from stealth with $17M to launch quantum device

In an effort to expand beyond music, Spotify has been investing hundreds of millions to build out its podcasts business. Now the company has set its sights on another form…

Spotify expands into audiobooks with acquisition of Findaway

Pinterest has been trying to reposition its business as a home to creators, not just a shopping inspiration site. Today, the company revealed its latest efforts on this front, which…

Pinterest gets more TikTok-like with a ‘Watch’ tab for videos, announces $20M in creator rewards

The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia.…

YELA secures $2M to reproduce Cameo’s celebrity success with an app for the Middle East

Walmart announced today it will sell most of its shares in Seiyu, the Japanese supermarket chain it acquired 12 years ago, to KKR and Rakuten. The deal values Seiyu at…

KKR, Rakuten to acquire most of Walmart’s stake in Japanese supermarket chain Seiyu

European lawmakers are pressing major e-commerce and media platforms to share more data with each other as a tool to fight rogue traders who are targeting consumers with coronavirus scams.…

Europe urges e-commerce platforms to share data in fight against coronavirus scams

Not to be confused with the smart TV platform of the same name (2010-2014, RIP) or the Android TV platform it’s built on top of, Google has just taken the…

The new Google TV brings streaming apps, live TV and search into a single interface

Japanese conglomerate Rakuten has pulled the plug on its U.S. online retail store, originally known as Buy.com, and will wind down its operations over the next two months, the company…

Rakuten is shuttering the online shop formerly known as Buy.com

Japanese e-commerce giant Rakuten has decided not to renew its contract with WeWork when it expires next month, according to a report in The Japan Times. Rakuten had leased about…

Rakuten will not renew its contract with WeWork, says report

The e-reader category was exciting once — or at least as exciting as one could hope from such a space. It was a vibrant category, with plenty of key players,…

Kobo introduces the lackluster Nia to replace its budget Aura e-reader

Rakuten, often referred to as the “Amazon of Japan” with extensive holdings in e-commerce and streaming media, has made an acquisition that will help it build up and flex a…

Rakuten acquires Innoeye for its push into 5G and communications services

Rakuten Mobile announced the full commercial launch of its low-cost data plan in Japan today. Priced at 2,980 yen (about $27) per month, the plan gives users unlimited calls and…

Rakuten Mobile’s low-cost data plan fully launches in Japan

Codility, a platform that helps tech recruiters and hiring managers asses candidates through online coding tests, today announced that it has raised a $22 million Series A round led by…

Codility raises $22M for its tech recruiting platform

I’ve long had a soft spot for Kobo for a few reasons. First is the simple fact that the company (now part of Rakuten) was one of the last few…

Kobo brings the Forma form factor to a cheaper model

Fever, a startup that uses proprietary algorithms to help companies plan events, announced today that it has raised $35 million led by Rakuten Capital, the investment arm of Japanese internet…

Data-driven events discovery and planning startup Fever raises $35 million led by Rakuten

Spanish on-demand delivery startup Glovo is facing angry protests from couriers on its platform following the death of a 22-year-old rider on Saturday in Barcelona where the business is headquartered.…

Glovo faces safety protests after delivery rider killed on the job

Southeast Asia’s startup ecosystem is set to get a massive injection of funds after Jungle Ventures reached a first close of $175 million for its newest fund, TechCrunch has come…

Jungle Ventures hits $175M first close on its third fund for Southeast Asia

Sony last year announced it would enter Japan’s taxi-hailing space and, good to its word, the electronics giant has kicked off its S.Ride service in Tokyo. The service — which…

Sony launches a taxi-hailing app to rival Uber in Tokyo

CleverTap, an India-based startup that lets companies track and improve engagement with users across the web, has pulled in $26 million in new funding thanks to a round led by…

CleverTap lands $26M for its mobile-focused customer marketing service

It’s taken some time to come around, but Naspers — the early Tencent investor that’s also behind the world’s top listings service — finally has a piece of Southeast Asia’s…

Southeast Asia’s Carousell snags $56M from Naspers-owned OLX

ShopBack, a Singapore-based startup that offers cashback and consumer rewards in Asia Pacific, has closed a $45 million round led by new investors Rakuten Capital and EV Growth. Founded in…

ShopBack, a cashback startup in Asia Pacific, raises $45M from Rakuten and others

Ride-hailing firm Lyft will reportedly make its Nasdaq debut as early as next week.

Lyft’s imminent IPO could value the company at $23B