Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. Parts of this story might sound familiar to readers familiar with Good Eggs — when the startup raised its most recent, […]
Finding, and retaining, frontline workers has likely never been as critical as it is in these pandemic days. Enter WorkStep, a four-year-old startup that was founded with the mission of helping large supply chain employers do just that. The fully distributed company announced this morning that it has closed on a $10.5 million Series A […]
India has issued a notice to Twitter, warning the American social firm to comply with New Delhi’s order to block accounts and content related to a protest by farmers and not “assume the role of a court and justify non-compliance.” Failure to comply with the order may prompt penal action against Twitter, the notice warns. […]
Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs – isn’t an entirely new concept. In fact, in one form or another, such as point of sale credit, the concept has existed for years and long before Silicon Valley venture capital firm and media […]
Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba, became profitable for the first time in the December quarter, the company announced in its earnings report. The firm’s cloud unit achieved positive adjusted EBITA (earnings before interest, taxes, and amortization) during the quarter, after being in business since 2009. The milestone is in […]
Eyelash extensions have taken off in recent years — particularly in Asia — but the audience is only so broad. Getting extensions — semi-permanent fibers that are attached to one’s natural eyelashes — can require hundreds of dollars and hours in the seat of a lash stylist. There’s always the risk, too, of irritation or […]
Time is critical for healthcare providers, especially in the middle of the pandemic. Singapore-based Bot MD helps save time with an AI-based chatbot that lets doctors look up important information from their smartphones, instead of needing to call a hospital operator or access its intranet. The startup announced today it has raised a $5 million […]
When you want to buy a refrigerator or a television, you can walk to the nearby electronics store or visit an e-commerce website like Amazon. But where do you go when you’re looking for parts of a crane, a door or chassis of different machines? For several businesses globally, the answer to that question is […]
BukuWarung, an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc and an Indonesian retail conglomerate. The amount was undisclosed, but sources say it brings BukuWarung’s total funding so far to $20 million. The company’s last round, announced in September 2020, was between $10 […]
The Bezos era is ending, Uber acquires Drizly and Tesla recalls 135,000 vehicles. This is your Daily Crunch for February 2, 2021. The big story: Jeff Bezos will step down as Amazon CEO Amazon announced today that founder Jeff Bezos will be transitioning from CEO to executive chair in the third quarter of this year. […]
Blockbuster news struck late this afternoon when Amazon announced that Jeff Bezos would be stepping back as CEO of Amazon, the company he built from a business in his garage to worldwide behemoth. As he takes on the role of executive chairman, his replacement will be none other than AWS CEO Andy Jassy. With Jassy […]
Google continues to bet heavily on Google Cloud, and, while it is seeing accelerated revenue growth, its losses are also increasing. For the first time today, Google disclosed operating income/loss for its Google Cloud business unit in its quarterly earnings today. Google Cloud lost $5.6 billion in Google’s fiscal year 2020, which ended December 31. […]
We’re excited to announce Group Membership for Extra Crunch. The feature allows you to easily manage seats and payments for your team through a self-service interface. If your team joins through Group Membership, you’ll also save 25% or more on annual pricing. Extra Crunch Group Memberships can be found here. Extra Crunch is a members-only […]
Amazon founder and current CEO Jeff Bezos will be transitioning to executive chair of the company sometime in Q3 of this year, with current AWS CEO Andy Jassy taking over the top executive role at the commerce company. Amazon announced the news alongside its earnings results on Tuesday. Amazon initially rose after-hours as the market […]
SpaceX has once again flown its Starship spacecraft, a still-in-development space launch vehicle it’s building in south Florida. This test was a flight of SN9, the ninth in its current series of prototype rockets. The test involved flying SN9 to an altitude of around 10 km (just over six miles, or nearly 33,000 feet). After […]
Springbig today announced that it acquired Canada-based BudTender, a customer experience platform for cannabis retailers. The acquisition adds 200 clients to springbig, which brings the total amount of retailers in its purview to 1,900. This move comes as cannabis retailers are seeking novel approaches to expand their client base. In most regions, cannabis companies are […]
Facebook spent more time than usual talking about their success with VR in their quarterly earnings call, taking time to note developer success and their own wins peddling their latest Quest 2 VR headset. One of the VR platform’s remaining quirks is a general lack of third-party support for apps that go beyond gaming. The […]
Not having a gig economy strategy as we start 2021 is like missing the internet trend in 1990 or failing to get ahead of the mobile revolution in 2010.
Landed, a startup aiming to improve the hiring process for hourly employers and job applicants, is officially launching its mobile app today. It’s also announcing that it has raised $1.4 million in seed funding. Founder and CEO Vivian Wang said that the app works by asking applicants to fill out a profile with information like […]
