Grab is talking to Ant Financial and PayPal about spinning out its financial services business

Grab is talking to Ant Financial and PayPal about spinning out its financial services business

Grab, the $16 billion-valued ride-hailing firm that acquired Uber’s Southeast Asia business last year, is in talks with Alibaba’s Ant Financial and PayPal as it considers spinning out of its financial services unit to double down on its non-transportation business, TechCrunch has learned. The seven-year-old company’s coming-of-age moment was a deal to buy Uber’s regional […]…

Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Rising consumer interest in alternative proteins and meat replacements has brought hundreds of millions of dollars to companies trying to grow or replace beef or chicken, but few companies have turned their attention to developing seafood alternatives. Now Shiok Meats is looking to change that. The company has raised pre-seed financing from investors like AIM […]…