Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. We love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly? Catch up by reading the first edition here or check out last week’s edition, which offered the gamut of mobility news from Lyft and Bird to […]
View More Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in AustinCategory: e-commerce
Surging costs send shares of ecommerce challenger Pinduoduo down 17 percent
China’s new tech force Pinduoduo is continuing its race to upend the ecommerce space, even at the expense of its finances. The three-year-old startup earmarked some big wins from the 2018 fiscal year, but losses were even greater, dragging its shares down 17 percent on Wednesday after the firm released its latest earnings results. The […]
View More Surging costs send shares of ecommerce challenger Pinduoduo down 17 percentAfrican e-commerce startup Jumia files for IPO on NYSE
Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch. The valuation, share price, and timeline for public stock sales will be determined over the coming weeks for the Nigeria headquartered company. With a smooth filing process, Jumia will […]
View More African e-commerce startup Jumia files for IPO on NYSEThe responsibility for a sustainable digital future
Mounir Mahjoubi Contributor Share on Twitter Mounir Mahjoubi is the French Secretary of State for Digital Affairs. On March 12, 2019, we celebrate the 30th anniversary of the “World Wide Web”, Tim Berners-Lee’s ground-breaking invention. In just thirty years, this flagship application of the Internet has forever changed our lives, our habits, our way of […]
View More The responsibility for a sustainable digital futureNigeria’s Gloo.ng drops consumer e-commerce, pivots to e-procurement
Nigerian startup Gloo.ng is dropping consumer online retail and pivoting to B2B e-procurement with Gloopro as its new name. The Lagos based venture has called it quits on e-commerce grocery services, shifting to a product that supplies large and medium corporates with everything from desks to toilet paper. Gloopro’s new platform will generate revenues on […]
View More Nigeria’s Gloo.ng drops consumer e-commerce, pivots to e-procurementWhich types of startups are most often profitable?
I co-run an agency that teaches a hundred startups per year how to do growth marketing. This gives me a unique vantage point: I know which types of startups most often reach profitability.
View More Which types of startups are most often profitable?Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast Asia
Alibaba is about to get a jolt from its largest rival in Southeast Asia. Sea, the Nasdaq-listed business, is raising as much as $1.5 billion from a new share offering that’s sure to be funneled into its Shopee e-commerce business. Singapore-based Sea said in a filing that it plans to offer 60 million American Depositary […]
View More Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast AsiaThe gaming clips service, Medal has bought Donate Bot for direct donations, and payments
The Los Angeles-based video gaming clipping service, Medal, has made its first acquisition as it rolls out new features to its user base. The company has acquired the Discord -based donations and payments service Donate Bot to enable direct payments and other types of transactions directly on its site. Now, the company is rolling out […]
View More The gaming clips service, Medal has bought Donate Bot for direct donations, and paymentsSam’s Club to test new Scan & Go system that uses computer vision instead of barcodes
In October, Walmart-owned Sam’s Club opened a test store in Dallas where it planned to trial new technology including mobile checkout, an Amazon Go-like camera system, in-store navigation wayfinding technology, electronic shelf labels, and more. This morning, the retailer announced it will now begin testing a revamped Scan & Go service as well, which leverages […]
View More Sam’s Club to test new Scan & Go system that uses computer vision instead of barcodesThe shift to collaborative robots means the rise of robotics as a service
The 2018 Holiday shopping season was the biggest on record for e-commerce, with nearly $126 billion in online sales. But as e-commerce continues to expand, the demand for warehouse workers is growing faster than the labor supply and creating an increased need for automation. Given its dominance in e-commerce and the massive scale of its business, there’s no surprise […]
View More The shift to collaborative robots means the rise of robotics as a serviceAmazon stops selling stick-on Dash buttons
Amazon has confirmed it’s retired physical stick-on Dash buttons from sale — in favor of virtual alternatives that let Prime Members tap a digital button to reorder a staple product. It also points to its Dash Replenishment service — which offers an API for device makers wanting to build Internet connected appliances that can automatically […]
View More Amazon stops selling stick-on Dash buttonsAmazon Prime members can choose a weekly delivery date with launch of ‘Amazon Day’
Amazon this morning launched a new delivery option for Prime members that will allow them to control when their orders arrive, Amazon Day. The option lets shoppers pick a day of the week to take delivery of their recent orders. The boxes arrive together on the selected Amazon Day in fewer boxes, the company says, […]
View More Amazon Prime members can choose a weekly delivery date with launch of ‘Amazon Day’