CXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup takes a unique route to insurance. Rather than going to consumers directly, it taps corporations to offer their employees health flexible options. That’s to say […]
View More CXA, a health-focused digital insurance startup, raises $25MCategory: China
Boeing is moving to address potential issues in new 737s as Europe bans its plane
In the wake of the second fatal crash in six months involving Boeing 737 Max 8 airplanes, the European Aviation and Safety Administration is grounding the planes as Boeing said it was taking additional steps to address an issue that may have contributed to the crash. On Sunday, a Boeing 737 Max 8 plane operated […]
View More Boeing is moving to address potential issues in new 737s as Europe bans its planeThe Juggernaut is a subscription media company for the South Asian diaspora
Everyone and their dog seems to have an email newsletter today, but what happens if and when yours takes off? Some have gone down the paid route, but another credible alternative is to turn it into a subscription media business. That’s a route that The Juggernaut, a new pay-to-play publication targeted at the Indian diaspora, […]
View More The Juggernaut is a subscription media company for the South Asian diasporaChina’s Qutoutiao is burning millions of dollars to take on TikTok parent
Chinese startup Bytedance is finding itself surrounded by challengers as its empire of new media products, including global video app TikTok and Chinese news aggregator Jinri Toutiao, gather steam. Tencent tried to play catch-up with a handful of new short-video services, and a Facebook clone of TikTok was reportedly in the making. Less famous players also […]
View More China’s Qutoutiao is burning millions of dollars to take on TikTok parentMeituan confirms Mobike’s retreat from most overseas markets
TechCrunch reported last Friday that Mobike has scrapped operations across the Asia Pacific region as a key step towards a long-term plan to scale back its international business. On Monday, its parent company Meituan confirmed that the pioneer in China’s bike rental sector will shut down most of its foreign markets. “Mobike international business is […]
View More Meituan confirms Mobike’s retreat from most overseas marketsThe US threatens Germany with decreased intelligence sharing if it allows Huawei to build its 5G network
The US is trying to recruit Germany in its campaign against Huawei.
In a letter sent by the United States ambassador to Germany Richard A. Grenell, the United States has warned Germany that it will reduce intelligence sharing if Germany allows Huawei…
US threatens to reduce intelligence sharing if Germany doesn’t ban Huawei
The U.S. government is threatening to reduce the amount of intelligence it shares with Germany if Huawei wins a contract to build the country’s next-generation 5G network. That’s the takeaway from a letter sent by the U.S. ambassador to Germany, Richard Grenell, to Germany’s economics minister, as reported by The Wall Street Journal. Grenell, appointed […]
View More US threatens to reduce intelligence sharing if Germany doesn’t ban HuaweiChina’s authorities propose to keep minors out of live streaming
China is getting serious about the way live streaming videos affect tens of millions of youngsters, so much so a top authority has proposed to tighten restrictions on underage use. According to a report from the China Youth Daily, the Communist Party-controlled All Youth Federation recently submitted a proposal during the once-a-year parliamentary session, urging […]
View More China’s authorities propose to keep minors out of live streamingTransportation Weekly: Waymo unleashes laser bear, Bird spreads its wings, Lyft tightens its belt
Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fifth edition of our newsletter and we love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly? Catch up here, here and here. As I’ve written before, consider this a soft launch. Follow […]
View More Transportation Weekly: Waymo unleashes laser bear, Bird spreads its wings, Lyft tightens its beltThe other smartphone business
With the smartphone operating system market sewn up by Google’s Android platform, which has a close to 90% share globally, leaving Apple’s iOS a slender (but lucrative) premium top-slice, a little company called Jolla and its Linux-based Sailfish OS is a rare sight indeed: A self-styled ‘independent alternative’ that’s still somehow in business. The Finnish […]
View More The other smartphone businessBike sharing pioneer Mobike is retreating to China
In a telling sign of the state of bike sharing, Mobike, a once red-hot startup that attracted billions in investment capital, is closing down all international operations and putting its sole focus on China. On Friday, Mobike laid off its operations teams in APAC, which entailed more than 15 full-time employees and many more contractors […]
View More Bike sharing pioneer Mobike is retreating to ChinaThe Khashoggi murder isn’t stopping SoftBank’s Vision Fund
Money talks in the startup community, especially when SoftBank comes knocking with the megabucks of its Vision Fund. Despite the public outcry around the firm’s dependence on money from Saudi Arabia in the wake of that country’s assassination of Washington Post journalist Jamal Khashoggi, deal flow for Softbank’s Vision Fund appears to be back to […]
View More The Khashoggi murder isn’t stopping SoftBank’s Vision Fund