Former Google and Dropbox executive Dennis Woodside has joined the meat replacement developer Impossible Foods as the company’s first President. Woodside, who previously shepherded Dropbox through its initial public offering, is a longtime technology executive who is making his first foray into the food business. The 25-year tech industry veteran most recently served as the […]
View More Former Dropbox exec Dennis Woodside joins Impossible Foods as its first PresidentCategory: supply chain
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 percentE-commerce startup Zilingo raises $226M to digitize Asia’s fashion supply chain
If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s fashion supply chain. This new round takes Zilingo to $308 million from investors since its […]
View More E-commerce startup Zilingo raises $226M to digitize Asia’s fashion supply chainLinux Foundation launches Hyperledger Grid to provide framework for supply chain projects
The Linux Foundation’s Hyperledger Project has a singular focus on the blockchain, but this morning it announced a framework for building supply chain projects where it didn’t want blockchain stealing the show. In fact, the foundation is careful to point out out that this project is not specifically about the blockchain, so much as providing the […]
View More Linux Foundation launches Hyperledger Grid to provide framework for supply chain projectsCitizens Reserve is building a supply chain platform on the blockchain
Citizens Reserve, a Bay Area startup, has a broad goal of digitizing the supply chain. Last fall, the company launched the Alpha version of Suku, a Supply Chain as a Service platform built on the blockchain. Today, it announced a partnership with Smartrac, an RFID tag manufacturer, based in Amsterdam, as a key identity piece for […]
View More Citizens Reserve is building a supply chain platform on the blockchainIt’s the golden age of traditional retail, not its end days
A lot of people that will say that traditional retail is dying. They’ll point to the rising prominence of e-commerce, which accounts for under 10% of total retail in the U.S. and a whopping 15% or more of total retail in China, as diminishing opportunities for traditional retail. But the reality is that, thanks to […]
View More It’s the golden age of traditional retail, not its end daysChina’s Nreal raises $15M to shrink augmented headsets to size of sunglasses
A former Magic Leap engineer believes the problem with most consumer-facing augmented headsets on the market is their bulky size. “You wouldn’t want to wear them for more than one hour,” Xu Chi, founder and chief executive officer of Nreal told me as he put on a bright orange headgear that looked just like plastic Ray-Ban […]
View More China’s Nreal raises $15M to shrink augmented headsets to size of sunglassesIn major TV push, China’s Xiaomi buys 0.5% stake in TCL
A veteran TV maker just got a notable refresh as it enters the age of connected devices. Xiaomi, the Beijing-based firm best known for budget smartphones, has bought 65.2 million shares, or 0.48 percent, of Chinese home appliance maker TCL, said TCL in a statement to the Shenzhen Stock Exchange on Sunday. Shares of TCL, the world’s third-largest […]
View More In major TV push, China’s Xiaomi buys 0.5% stake in TCLIn 2018 the ticketing industry finally killed the ‘sold out’ show
Jesse Lawrence Contributor Jesse Lawrence has been in media and tech for 20 years. Prior to TicketIQ, he worked at MediaMath and IAC. He started his career as a writer. More posts by this contributor The Golden Knights, live gambling and the future of live sports attendance After years of chasing brokers and bots, ‘slow […]
View More In 2018 the ticketing industry finally killed the ‘sold out’ showCiti slashes sales outlook for iPhone XS Max by nearly half
Citi Research has joined a growing list of analysts to lower first-quarter production estimates for Apple’s iPhones amid weakening demand for the smartphones. Citi Research analyst William Yang cut the overall iPhone shipment forecast by 5 million to 45 million for the quarter, reported Reuters. That’s a sting that falls in line with others such […]
View More Citi slashes sales outlook for iPhone XS Max by nearly halfLemonBox, which brings US vitamins to Chinese consumers, raises $2M
LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and, fuelled by the demo day, it has pulled in the new capital from 10 investors which include Partech, Tekton Ventures, […]
View More LemonBox, which brings US vitamins to Chinese consumers, raises $2MInterest rates and fears of a mounting trade war send tech stocks lower
Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to […]
View More Interest rates and fears of a mounting trade war send tech stocks lower