Merqueo offers more than 8,000 products, including fresh foods, packaged goods, home essentials, beverages and frozen products. It currently operates in more than 25 cities and has over 600,000 users.
PayPal’s new ‘superapp,’ to include messaging, is ready to launch
CEO Dan Schulman revealed the superapp would include high-yield savings, early access to direct deposit funds and messaging functionality outside of peer-to-peer payments.
European Investment Fund puts $30M in Fabric Ventures’ new $120M digital assets fund
Despite their rich engineering talent, Blockchain entrepreneurs in the EU often struggle to find backing due to the dearth of large funds and investment expertise in the space. But a big move takes place at an EU level today, as the European Investment Fund makes a significant investment into a blockchain and digital assets venture […]
Facebook warns of ‘headwinds’ to its ad business from regulators and Apple
Facebook posted its second quarter earnings Wednesday, beating expectations with $29 billion in revenue. The world’s biggest social media company was expected to report $27.8 billion in revenue for the quarter, a 50% increase from the same period in 2020. Facebook reported earnings per share of $3.61, which also bested expectations. The company’s revenue was […]
Walmart to sell its e-commerce technologies to other retailers
Walmart’s investments in software and retail technologies it used to transform its business from a brick-and-mortar to one that combines both in-person and online shopping will now be made available to other retailers for the first time, the company announced today. Through a strategic partnership with Adobe, Walmart will integrate access to Walmart’s Marketplace, as […]
48-hour countdown to early bird savings on passes to TC Disrupt 2021
What’s big enough, bold enough and influential enough to inspire more than 10,000 people around the world to carve out three days from their intensely busy schedules? If you said TechCrunch Disrupt 2021, the grand matriarch of startup tech conferences, well friend, you’d be right on the money. And speaking of money, you have just […]
Duolingo’s IPO pricing is great news for edtech startups
Duolingo, a consumer edtech company, is now more valuable per revenue dollar than the median public enterprise SaaS business.
Building back better means hiring more workers skilled through alternative routes
When I arrived in the U.S., I applied to countless IT jobs, from customer service to computer repair. Every company rejected me before they even gave me the chance to show what I could do.
Noetic Cyber emerges from stealth with $15M led by Energy Impact Partners
Noetic Cyber, a cloud-based continuous cyber asset management and controls platform, has launched from stealth with a Series A funding round of $15 million led by Energy Impact Partners. The round was also backed by Noetic’s existing investors, TenEleven Ventures and GlassWing Ventures, and brings the total amount of funds raised by the startup to […]
Blossom Capital lures Alex Lim from Silicon Valley to join the European tech boom
Alex Lim, a British-born VC based in the Bay Area who invested in Hopin, UiPath, Discord, and many other unicorns has decided to up sticks and leave Sand Hill Road behind for Blossom Capital in London. Blossom is fast making a name for itself both in Europe and internationally, having invested in breakout hits like […]