A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform for local services, continues to put the brakes on bike-sharing and ride-hailing, the company said on its earnings call on Thursday. The eight-year-old firm is best known for competing with Alibaba-owned Ele.me in food deliveries…
It took all of 14 minutes for the Soundbrenner Core to hit full funding. Not too shabby. Last week, the wearable maker closed out its campaign with more than 10x its $50,000 goal. A few days later, we sat down with the startup at the headquarters of Hong Kong-based accelerator, Brinc. Soundbrenner has already made…
Give the gift of organization this year. Bags are often ignored but are a critical part of anyone’s mobile gear. They’re the outward representations of our techie styles, and we put far too little thought into where we keep our most prized possessions. Here’s a collection of bags TechCrunch reviewed over the last year. You’ll find waxed canvas…
If you’re reading this, chances are you’re: Pretty good at tech stuff Spending time with your family for Thanksgiving Bored because you’re reading this article right now You may not celebrate Thanksgiving where you live, but most of our readers are American. So let’s use this opportunity to review the tech setup of your family.…
French crowd-lending platform October (formerly known as Lendix), wants to educate more people about new ways to borrow money. That’s why the company is launching a project called Grandir Ensemble (grow together). 11 big companies are borrowing €100,000 each on October at a 2.5 percent interest rate. October users will be able to lend as…
Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator Telkom — and Beacon — the fund belonging to Thai bank Kasikorn — as well as…
Don’t panic! Life imitates art, to be sure, but hopefully the researchers in charge of the Cognitive Architecture for Space Exploration, or CASE, have taken the right lessons from 2001: A Space Odyssey, and their AI won’t kill us all and/or expose us to alien artifacts so we enter a state of cosmic nirvana. (I…
Facebook has said it will appeal against a £500,000 penalty issued by the UK’s data watchdog this summer following a lengthy investigation into the Cambridge Analytica data misuse scandal. Facebook told the regulator an estimated one million UK users were among the 87M of its users whose private data was harvested by Dr. Aleksandr Kogan and his company…
Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing, and most recently, Shenzhen. That’s one-sixth of WeWork’s 360 locations worldwide. It’s also equivalent to what WeWork has achieved in its early five to six years globally, Sern Hong Yu, regional head of project…
Walmart has just begun testing same-day grocery delivery called Walmart To Go in one of its stores in China, months after the American retail titan expanded grocery delivery in its homeland. The service is accessed through a mini-program within WeChat – the Tencent-owned messaging platform Walmart partnered with earlier this year, in order to better…
