Video advertising platform Teads has raised a further $47 million in debt financing. Providing the capital are a bank syndicate made up of BNPP, Bank of China, HSBC, Banque Palatine, and BPI. Read More
from TechCrunch
Companies
Today’s Deals – Didi Chuxing confirms it is buying Uber’s business in China
China’s Didi Chuxing has confirmed that it has agreed to buy Uber China in a deal that had been heavily speculated earlier today. Read More
from TechCrunch
Today’s Deals – Uber China will reportedly merge with archrival Didi Chuxing
Huge news for China’s ride-sharing industry, it appears that Didi Chuxing will gobble up rival Uber China in a deal that will value the combined entity at $35 billion. Read More
from TechCrunch
Today’s Deals – Uber China will reportedly merge with archrival Didi Chuxing
Huge news for China’s ride-sharing industry, it appears that Didi Chuxing will gobble up rival Uber China in a deal that will value the combined entity at $35 billion. Read More
from TechCrunch
Today’s Deals – Apple’s Tim Cook is hosting a Clinton campaign fundraiser this August
It’s no secret Hillary Clinton has a friend in Silicon Valley elites. Now Apple CEO Tim Cook will be helping the democratic presidential candidate raise some cash for her campaign next month, according to an invitation letter obtained by BuzzFeed.
Cook, who will be hosting the fundraiser for the Hillary Victory Fund as a private citizen, not as an Apple rep, will be joined… Read More
from TechCrunch
Today’s Deals – Tech’s top 20 investors turned into emoji
What do Marc Andreessen, Ron Conway, and Naval Ravikant look like as emojis? For the launch of MovieLaLa‘s emoji marketplace MojiLala, the startup made a set inspired by tech’s best known venture capitalists. The list could have included more of the great female and minority VCs like Mary Meeker, Charles Hudson, and Aileen Lee. But here’s a look at caricatures of the 20… Read More
from TechCrunch
Today’s Deals – Peek.com raises $10 million, strikes partnership to bring tour and activity booking to Yelp
Peek.com has raised $10 million in equity funding to become what it calls an “OpenTable for the $100 billion activities market,” according to CEO and co-founder Ruzwana Bashir. Based in San Francisco, with additional offices in Salt Lake City, Utah, Peek.com lets travelers, and locals, find and book activities such as tours, tastings and lessons, online or via mobile. The Peek.com… Read More
from TechCrunch
Today’s Deals – CoFoundersLab gobbles up FounderDating because 1+1=3
Got a bright idea for a company, but need a co-founder? You’re about to start walking down a really complicated path, fraught with dangers behind every turn. Until very recently, there were two companies to help you along: CoFoundersLab and FounderDating. Until the former acquired the latter, that is, continuing CoFoundersLab’s modus operandi of acquiring its competitors. Read More
from TechCrunch
Today’s Deals – Paidy lands $15M Series B to simplify buying online in Japan
Paidy, a fintech company that makes it easier to buy online in Japan, has closed a $15 million Series B to grow its userbase and invest in new financial products. Read More
from TechCrunch
Today’s Deals – Facebook crushes Q2 earnings, hits 1.71B users and record high share price
Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS.
This is… Read More
from TechCrunch