A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma. […]
View More Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup DankeCategory: major
India’s Swiggy goes beyond food to offer product delivery from local stores
Swiggy, the Indian food delivery service, has made its much anticipated moved into general deliveries today after it announced its new ‘stores’ product. The move has been speculated since as early as 2017, but recent developments have taken the company closer towards the expansion. Last September, Swiggy picked up delivery service SuprDaily in an acquisition […]
View More India’s Swiggy goes beyond food to offer product delivery from local storesUsers complain of account hacks, but OkCupid denies a data breach
It’s bad enough that dating sites are a pit of exaggerations and inevitable disappointment, they’re also a hot target for hackers. Dating sites aren’t considered the goldmine of personal information like banks or hospitals, but they’re still an intimate part of millions of people’s lives and have long been in the sights of hackers. If […]
View More Users complain of account hacks, but OkCupid denies a data breachMillions of bank loan and mortgage documents have leaked online
A trove of more than 24 million financial and banking documents, representing tens of thousands of loans and mortgages from some of the biggest banks in the U.S., has been found online after a server security lapse. The server, running an Elasticsearch database, had more than a decade’s worth of data, containing loan and mortgage […]
View More Millions of bank loan and mortgage documents have leaked onlineStill a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talent
Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion dollar backing until the end of 2019, but talent keeps signing up to come along for their ride into the future of serialization. The latest marquee director to sign on the dotted line with Quibi is Catherine Hardwicke, […]
View More Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talentKZen raises $4 million to bring sanity to crypto wallets
KZen, a company run by former TC editor Ouriel Ohayon, has raised $4 million in seed to build a “better wallet,” obviously the elusive Holy Grail in the crypto world. Benson Oak Ventures, Samsung Next, Elron Ventures invested. Ohayon, who has worked at Internet Lab and founded TechCrunch France and Appsfire, wanted to create an […]
View More KZen raises $4 million to bring sanity to crypto walletsThe incredible rise of Pinduoduo, China’s newest force in e-commerce
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. From Alibaba to JD, China is not short of e-commerce powerhouses. Although the country’s e-commerce market is highly consolidated, it’s not impossible for startup teams to crack this market as long as they are solving the right problems for […]
View More The incredible rise of Pinduoduo, China’s newest force in e-commerceThe erosion of Web 2.0
It seems quaint to imagine now but the original vision for the web was not an information superhighway. Instead, it was a newspaper that fed us only the news we wanted. This was the central thesis brought forward in the late 1990s and prophesied by thinkers like Bill Gates – who expected a beautiful, customized […]
View More The erosion of Web 2.0Here is where CEOs of heavily funded startups went to school
CEOs of funded startups tend to be a well-educated bunch, at least when it comes to university degrees. Yes, it’s true college dropouts like Mark Zuckerberg and Bill Gates can still do well. But Crunchbase data shows that most startup chief executives have an advanced degree, commonly from a well-known and prestigious university.
View More Here is where CEOs of heavily funded startups went to schoolKaptivo looks to digitally transform the lowly whiteboard
At Kaptivo, a company that’s bringing high-tech image recognition, motion capture and natural language processing technologies to the lowly whiteboard, executives are hoping that the second time is the charm. The Cambridge, UK and San Mateo, Calif.-based company began life as a company called Light Blue Optics, and had raised $50 million in financing since […]
View More Kaptivo looks to digitally transform the lowly whiteboardLeaked iPhone pics show glass back and headphone jack
The headphone jack could still have a future in an iPhone. These leaked pics show an iPhone SE 2 with a glass back and headphone jack. Like the current iPhone SE, the design seems to be a take on the classic iPhone 5. I dig it. The leak also states the upcoming device sports wireless […]
View More Leaked iPhone pics show glass back and headphone jackMobile gaming is having a moment, and Apple has the reins
It’s moved beyond tradition and into the realm of meme that Apple manages to dominate the news cycle around major industry events all while not actually participating in said events. CES rolls around and every story is about HomeKit or its competitors, another tech giant has a conference and the news is that Apple updated […]
View More Mobile gaming is having a moment, and Apple has the reins