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  • Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom

    As the world locks down borders and capital flows to brace for the impact of coronavirus, Brazilian startups continue to attract international attention.

  • With $8 million to consolidate Amazon’s top marketplace sellers, Perch makes its first deals

    After raising $8 million in November to roll up top Amazon marketplace companies, the new Boston-based startup Perch has begun putting that money to work in its first few deals. The brainchild of Chris Bell, formerly Wayfair’s head of logistics and a Bain & Co. principal, Perch is well-positioned to serve as unifier of a […]

  • Target’s Shipt shoppers are walking off work today

    Shipt shoppers, which began organizing in February, are staging their first action today. Yesterday, a group of Shipt shoppers, who shop and deliver orders from Target and other stores, announced their plans to walk off today. The walk-off is in protest of the way Shipt has treated its shoppers amid the COVID-19 pandemic, Vice first […]

  • Korean grocery startup Kurly raises $150M

    Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be acquired soon. Sequoia Capital, Hillhouse Capital and DST Global invested in the Korean startup’s Series E financing round, which according to news outlet Korean Investors, valued […]

  • American stocks rally sharply on COVID-19 optimism as earnings loom

    Stocks rallied Monday, with all major indices snapping back into positive territories as investors seized on any positive developments in the fight to mitigate the spread of COVID-19, the disease caused by the coronavirus. The stock market is, of course, not the economy. And this is likely a dead-cat bounce — a temporary recovery after […]

  • COVID-19 crisis spurs triple-digit growth for refurbishing startup Back Market

    “The U.S. and Germany are pushing the growth," says CEO Thibaud Hug de Larauze. "They are the main two drivers of the boom of Back Market."

  • Want to survive the downturn? Better build a platform

    When you look at the most successful companies in the world, they are almost never just one simple service. Instead, they offer a platform with a range of services and an ability to connect to it to allow external partners and developers to extend the base functionality that the company provides. Aspiring to be a […]

  • Disney debuts its streaming service in India for $20 a year

    Disney+ has arrived in the land of Bollywood. The company on Friday (local time) rolled out its eponymous streaming service in India through Hotstar, a popular on-demand video streamer it picked up as part of the Fox deal. To court users in India, the largest open entertainment market in Asia, Disney is charging users 1,499 […]

  • Estimote launches wearables for workplace-level contact tracing for COVID-19

    Bluetooth location beacon startup Estimote has adapted its technological expertise to develop a new product designed specifically for curbing the spread of COVID-19. The company created a new range of wearable devices that co-founder Steve Cheney believes can enhance workplace safety for those who have to be co-located at a physical workplace even while social […]

  • Daily Crunch: Amazon announces new warehouse safety steps

    Amazon says it will start taking additional steps to ensure the safety of its warehouse workers, SoftBank backs out of its latest WeWork investment and Zoom tries to fix its security issues. Here’s your Daily Crunch for April 2, 2020. 1. Amazon begins running temperature checks and will provide surgical masks at warehouses Amazon has […]