Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. According to a recent survey of 16,000 Snapchat users in 16 markets, 92% of Gen Zers want to use AR and VR for online shopping. Now, a South Korean augmented reality…
Weeks after a historic victory for Amazon union organizers in Staten Island, a second location in the borough has soundly defeated plans to follow suit. The “no” vote scored a decisive victory this time out, at 618 to 380. In all, 998 of the 1,633 eligible workers cast a vote. With only two voided ballots,…
A former president at musical.ly (now known as TikTok), Alex Hofmann has already done something that seems impossible: he helped build an app that could compete with social giants like Meta, YouTube or Snapchat. After ByteDance acquired musical.ly for around $1 billion in 2018, Hofmann left the company to become an investor, but he soon…
In recent years, episodes of extreme climate crises and power outrages have driven doomsday preppers to plan for off-the-grid survival scenarios. The mentality has been a boon to EcoFlow, a Shenzhen-based power generating and storing unicorn, which racked up $220 million in revenues last year as consumers in the US demanded its solar-powered portable power…
QED incubated this auto financing company in 2016 and Kevin Bennett became CEO in 2018 and soon after raised its first seed round. It started as MotoRefi, and rebranded in November 2021 to Caribou. But the mission remains: Transforming consumers’ financial relationship with their cars. Since the founding, Bennett has raised $74 million for the…
Just over a year ago, UiPath was among the most favored startups in the world. Last February the company raised a massive $750 million round at a staggering $35 billion valuation. The robotic process automation, or RPA company, was firing on all cylinders. By the time that UiPath went public in April of last year,…
Welcome to the inaugural edition of The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the…
Hi! I’m Greg Kumparak. I’ll be heading up Week in Review for the foreseeable future, with your former host Lucas Matney diving into cryptoland with the launch of a newsletter and podcast called Chain Reaction. He’s not going too far, and I’m sure he’ll stop back in from time to time. If my name seems…
Hi! I’m Greg Kumparak. I’ll be heading up Week in Review for the foreseeable future, with your former host Lucas Matney diving into cryptoland with the launch of a newsletter and podcast called Chain Reaction. He’s not going too far, and I’m sure he’ll stop back in from time to time. If my name seems…
Hi! I’m Greg Kumparak. I’ll be heading up Week in Review for the foreseeable future, with your former host Lucas Matney diving into cryptoland with the launch of a newsletter and podcast called Chain Reaction. He’s not going too far, and I’m sure he’ll stop back in from time to time. If my name seems…
