Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Several startups want to make it easier and friendlier for individuals to buy stocks. But isn’t pandemic-era stock picking just a bad habit that’d…
All is not well with the proposed acquisition of U.K. start bus platform Zeelo by Mass transit group Swvl. Back in April, we covered how a possible $100 million acquisition was on the cards, and, indeed, both companies confirmed it was, though not the price. Swvl, an Egyptian-born startup that provides shared transportation services for…
All is not well with the proposed acquisition of U.K. start bus platform Zeelo by Mass transit group Swvl. Back in April, we covered how a possible $100 million acquisition was on the cards, and, indeed, both companies confirmed it was, though not the price. Swvl, an Egyptian-born startup that provides shared transportation services for…
A day after Central Bank of Kenya (CBK), Kenya’s monetary authority, said that Chipper Cash and Flutterwave were not licensed to operate in the East African country, the regulator has directed all financial institutions to cease doing business with the two fintechs. The CBK’s bank supervision deputy director, Matu Mugo, directed all regulated banks, microfinance…
The healthcare crisis – more evident now as summer heatwaves put pressure on hospitals – is resulting in a staffing boom. But healthcare professionals in Europe can end up with bad terms and pay due to the so many hiring agencies offering medical staff on short-term contracts. As you can imagine, this means this area…
Twitter is increasing the price of its subscription service, Twitter Blue, from $2.99 to $4.99 per month. Starting in October, existing subscribers will have to pay more. New users will currently have to pay the hiked rate. Apart from the U.S., the price hike is also applicable to other countries like Australia, Canada and New…
In this current climate, Roku needed a win. Despite the company reporting total net revenue growth of 18% year over year to $764 million– a nice increase from $737.7 million last quarter — the company missed Wall Street’s expectations. Analysts expected revenue of $805 million, which would have reflected 25% year-over-year growth. What is to…
Apple released its third-quarter earnings on Thursday and reported $19.6 billion in services revenue, marking a 12% year-over-year increase, but narrowly falling short of Wall Street predictions of about $19.7 billion. The tech giant’s third-quarter services revenue also falls short of last quarter’s record-breaking $19.8 billion and is also down from the 27% growth it…
New numbers from Counterpoint Research paint a rough picture for China’s smartphone market. Things show a steady climb, dating back to the iPhone 5’s 2012 launch, before peaking in December 2016 and beginning their descent back down to Earth. Sales in China dropped sharply in Q2 at 14.2%, year over year. The numbers are now…
Qwili, a startup that provides a hybrid sales product to micro and small merchants in South Africa, has raised $1.2 million in seed funding a year after closing an undisclosed pre-seed round. E4E Africa, a South African venture capital firm, led the round, which welcomed participation from other firms such as Strat-Tech, Next Chymia, Untapped…
