Ahead of the company’s upcoming earnings, Peloton CEO John Foley took a break from a “quiet period” to address a number of reports related to poor device sales. The executive issued a denial that the company is halting production across its entire bicycle and treadmill line as demand for the devices has begun to crater…
Ahead of the company’s upcoming earnings, Peloton CEO John Foley took a break from a “quiet period” to address a number of reports related to poor device sales. The executive issued a denial that the company is halting production across its entire bicycle and treadmill line as demand for the devices has begun to crater…
French payroll startup PayFit is now valued at $2.1 billion after raising a $289 million Series E round. It’s not France’s only recent unicorn, though: Ankorstore, Qonto, Exotec and Spendesk also joined the club this month. If you add Back Market’s $510 million Series E round valuing the company at $5.7 billion, things are shaping…
Customer service is making and breaking companies over the past two years as shopping moved online and consumers wanted more out of the traditional service companies were offering. Zingtree provides interactive contact center software that guides agents to the next best action so that they can cater to even the most discerning customer. To continue…
M2P Fintech, a payments infrastructure startup that has established market dominance in India, has raised $56 million in a new financing round, less than three months after closing its previous funding, as it works to deepen its footprints in several international geographies. Insight Partners, the New York-based private equity and venture capital firm, led the…
Google today will begin rolling out a limited beta test of its newly announced Google Play Games for PC product in three overseas markets: Hong Kong, South Korea, and Taiwan. The Google Play Games PC application, which was announced last month during The Game Awards event, allows people to play Google Play games on Windows…
If blockchains are immutable records of our digital history, what kinds of history do we want to inscribe on them? Predictably, most records thus far have been transaction data, but as entrepreneurs expand their ambitions for NFTs, startups are aiming to tie those asset transactions to real world events and interactions. POAP, which stands for…
Working remotely has become the norm for a lot of desk-based employees, and there have been a number of tech companies that have seen their business explode in catering to that shift. But today comes news of a different kind of startup called Turing Labs, which is addressing the same challenges, but as they apply…
Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments. The new financing round welcomed new investors such as Zebu Investment Partners, the U.S. International Development Finance Corporation (DFC), and Koa Labs, as well as past investors Lightrock, German development finance institution DEG, and Perivoli…
NFT marketplace OpenSea is putting some of its freshly raised funds to good use, buying up crypto wallet startup Dharma Labs, the company announced today. The announcement follows a report earlier this month in Axios that detailed OpenSea was in talk to buy the startup for between $110 million and $130 million. Dharma’s Ethereum wallet…
