Twitch is updating its appeals and reporting processes, following through on product updates the company promised late last year. The biggest change is the introduction of a new portal where users facing account suspensions can appeal those rulings and monitor the progress of their requests. While Twitch deals with its fair share of users with…
Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book. Nikhilesh Goel, co-founder and Group CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness,…
Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book. Nikhilesh Goel, co-founder and CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness, Citi…
Scaling an autonomous vehicle or EV startup often requires eye-popping amounts of capital that only hedge funds, strategic venture arms and institutional investors have the appetite and funds for. In the past two years, those capital needs have prompted dozens of mobility startups to turn to either public markets or deep-pocketed hedge funds and venture…
FedEx has been working on a new feature for its consumer mobile app that would seemingly allow it to better compete with the popular Shop app by Shopify. One of the bigger selling points for Shopify’s Shop is how it allows users to track their purchases and shipments from across services, including not only Shopify,…
When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. The…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. (Folks, a technical snafu meant the weekly newsletter wasn’t emailed to subscribers this Sunday, so we’re posting this now. We regret the error.) Hello readers: Welcome to The…
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. (Folks, a technical snafu meant the weekly newsletter wasn’t emailed to subscribers this Sunday, so we’re posting this now. We regret the error.) Hello readers: Welcome to The…
Mukesh Ambani-controlled Reliance Retail said on Sunday evening it is acquiring a majority stake of 89% in direct-to-consumer brand Clovia for $125 million as the largest Indian retail chain looks to expand its footprints in the apparel and innerwear categories. Eight-year-old Clovia, which operates a “bridge-to-premium D2C brand” and sells over 3,500 products across innerwear…
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. As I hear about more startups struggling amid shifting market conditions, the great resignation and the general inflection point that begins once a company hits growth stage, it’s worth addressing an elephant…
