rakuten

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

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 to learn. Execu

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

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 was first no

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

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 Sequoia India. Existing

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

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&

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

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 2014, the s

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

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

Rakuten TV expands to 42 European countries, gets direct button on Samsung, LG, Philips and Hisense remotes

Rakuten TV, the Japanese e-commerce giant’s effort to take on Netflix and Amazon in the world of video streaming, has been a minor player when it comes to market share for online entertainment,

Huawei sues America as SoftBank spends more money

Today, a bunch of analysis on stories we have been covering the last few weeks. You’re reading the Extra Crunch Daily. Like this newsletter? Subscribe for free to follow all of our discussions

Polestar CEO speaks, Tesla terminology, and a tribute

Welcome back to Transportation Weekly; I'm your host Kirsten Korosec, senior transportation reporter at TechCrunch. This is the fourth edition of our newsletter, a weekly jaunt into the wonderful worl

Why longer term sheets are better

Recently in a conversation, the length of term sheets came as a topic (I assure you, it was a riveting conversation). The complaint was that a term sheet which had recently been received was too long,

Rakuten’s Viber chat app plans to charge to operate chatbots in controversial move

Viber, the messaging app owned by Japanese e-commerce firm Rakuten, is poised to implement a controversial new strategy that will see it charge companies that run chatbots on its platform. The convent

JD.com’s drones take flight to Japan in partnership with Rakuten

Chinese e-commerce company JD.com is taking its drone delivery system to Japan. Rakuten, the Japanese e-commerce giant, just announced a partnership with JD that will see its drones and unmanned vehic

Walmart partners with Rakuten to open its first e-commerce store in Japan

Walmart is continuing its strategy of revamping its businesses in Asia after the U.S. retail giant opened its first e-commerce store in Japan, where it is working with local retail giant Rakuten. The

Rakuten has SoftBank in its sights

This week, I’ve tried to do something new at TechCrunch with this experimental column — getting obsessed about a topic broadly in tech and writing a continuous stream of thoughts and analysis abou

Envoy raises $43 million to digitize your office

The office might not seem like an area in desperate need of disruption, but Envoy — a Silicon Valley company used to sign in over 100,000 visitors at offices across the world each day; and a Tec

Walmart and Kobo launch Walmart eBooks, an online e-book and audiobook store

In January, Walmart partnered with Japanese e-commerce giant Rakuten on online grocery in Japan, as well as the sale of audiobooks, e-books, and e-readers in the U.S. Today, Walmart is capitalizing on

Robotics-as-a-service is on the way and inVia Robotics is leading the charge

The team at inVia Robotics didn’t start out looking to build a business that would create a new kind of model for selling robotics to the masses, but that may be exactly what they’ve done.

SoftBank’s move into new services continues with plan for a payment service in Japan

SoftBank is best known in Japan as a mobile operator but the company, which is behind the near-$100 billion Vision Fund, is increasingly getting into other types of consumer services in its homeland.

Glovo gets $134M to beef up its on-demand delivery business

Spanish startup Glovo, whose platform lets app users summon a gig economy worker to shop on their behalf, be it for a takeaway burger or a multi-bag supermarket shop, has bagged a €115 million (~$13

Spain’s Cabify ‘categorically denies’ that it is in negotiations for a full or partial sale to Lyft

Transportation-on-demand service Lyft, now valued at over $15 billion after raising another $600 million in June, is on the hunt to scale its business. One move it might not be making soon, however, i
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