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Rita Liao @ TechCrunch · 09/02/2020 04:39 EDT

China’s logistics titan YTO nets close to $1B from Alibaba in overseas push

E-commerce has brought in a logistics boom in China over the last decade, transforming small-town delivery businesses into multinational corporations. One leading player, YTO, is gearing up for international expansion after it secured 6.6 billion yuan or $970 million from its long-time ally and client, Alibaba. 20-year-old YTO announced this week it will sell 379 […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 09/02/2020 03:31 EDT

3one4 Capital launches $100M fund to back early-stage startups in India

3one4 Capital, a venture capital firm in India, today announced a $100 million fund as the young investment firm looks to back more early-stage startups in the world’s second largest internet market. The new fund, third for the five-year-old Bangalore-headquartered investment firm, has already secured $40 million from new and existing investors. 3one4 Capital, which […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 09/02/2020 03:25 EDT

Indonesian insurtech startup PasarPolis gets $54 million Series B from investors including LeapFrog and SBI

PasarPolis, the Indonesian-based startup focused on making insurance policies more accessible in Southeast Asia, announced today it has closed a Series B round totaling $54 million. Investors include LeapFrog Investments and SBI Investment, both firms that focus on financial services; AlphaJWC; Intudo Ventures; and Xiaomi. Gojek’s venture capital arm, Go-Ventures, which participated in PasarPolis’ Series […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 09/01/2020 20:34 EDT

GM, Ford wrap up ventilator production and shift back to auto business

As the COVID-19 pandemic spread to the United States, a number of automakers and other manufacturers announced plans to retrofit factories to help ease the shortage of personal protective gear and ventilators. Now, two U.S. automakers have fulfilled their separate multi-million-dollar ventilator contracts — together delivering 80,000 of the devices to the U.S. government. General […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 09/01/2020 19:30 EDT

Toss Lab raises $13 million Series B for its collaboration platform JANDI, the “Slack of Asia”

As Slack ramps up its investment in Asia, Toss Lab, the South Korea-based creator of enterprise collaboration platform JANDI, is preparing to become a more formidable rival. The startup announced today that it has raised a $13 million Series B led by SoftBank Ventures Asia, the early-stage venture arm of SoftBank Group. Participating investors also […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 09/01/2020 18:10 EDT

Daily Crunch: Apple launches ‘Exposure Notification Express’ for COVID-19

Apple and Google are adding support for app-less exposure notifications, Facebook says it might block news sharing in Australia and Samsung has a new foldable phone. This is your Daily Crunch for September 1, 2020. The big story: Apple launches ‘Exposure Notification Express’ for COVID-19 Apple and Google are introducing new tools that should make it […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 09/01/2020 16:46 EDT

Rocket Lab gains key FAA launch license for its U.S.-based launch site

Launch provider Rocket Lab has gained a key clearance from the U.S. Federal Aviation Administration that should mean it’ll be launching from its U.S.-based facility at Wallops Island, Virginia relatively soon. As it had done before for its LC-1 launch pad in New Zealand, Rocket Lab gained a Launch Operator License for its LC-2 pad […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 09/01/2020 16:04 EDT

Amazon’s big redesign on iOS to reach all U.S. users by month-end

The Amazon app is getting a makeover. You may have already spotted the refreshed version of the Amazon shopping app with its new color scheme and revamped navigation if you’re an iPhone user. The changes began rolling out earlier this summer to iOS users in the U.S. and are on track to reach 100% of […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 09/01/2020 15:57 EDT

Dell’s U3219Q 32-inch 4K monitor provides a perfect home office upgrade

Dell has long held high esteem for the quality of its displays, and that hasn’t changed with its more recent models. What has changed is that more and more, people are looking for external monitors to complement their work laptops as they shift to more remote work – and settle in for more permanent home […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 09/01/2020 15:50 EDT

What will a Wish IPO look like? Seems we’ll find out sooner than later

Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floaties, guinea pig harnesses, Apple Watch knockoffs — said yesterday that it has submitted a draft registration to the SEC for an IPO. Because it filed confidentially, […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 09/01/2020 13:57 EDT

Jeff Lawson on API startups, picking a market and getting dissed by VCs

Last week TechCrunch sat down virtually with Jeff Lawson, the CEO and co-founder of Twilio as part of our long-running Extra Crunch Live series. As I expected, the chat was a good use of time. Why? Lawson was early on the idea that software companies could deliver their features not through a web app, but […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 09/01/2020 13:47 EDT

Google’s AI-powered flood alerts now cover all of India and parts of Bangladesh

India, the world’s second most populated nation, sees more than 20% of the global flood-related fatalities each year as overrun riverbanks sweep tens of thousands of homes with them. Two years ago, Google volunteered to help. In 2018, the company began its flood forecasting pilot initiative in Patna — the capital of the Indian state of […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 09/01/2020 13:37 EDT

Google Cloud lets businesses create their own text-to-speech voices

Google launched a few updates to its Contact Center AI product today, but the most interesting one is probably the beta of its new Custom Voice service, which will let brands create their own text-to-speech voices to best represent their own brands. Maybe your company has a well-known spokesperson for example, but it would be […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 09/01/2020 13:11 EDT

As it delists, Rocket Internet’s ill-fated experiment with public markets is over

It was all supposed to be so different. When Rocket Internet IPO’d in 2014 it was the largest tech company floatation in Europe for 7 years. A year later it had lost $46m and it’s valuation had dropped by 30%. Since then the German start-up factory behind internet companies such as Delivery Hero, Zalando and […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 09/01/2020 13:10 EDT

The startup world needs a ‘Black Minds Matter’ awakening

Guests on tech podcasts are a microcosm of what has been happening in the startup ecosystem: Black minds are undervalued and under-appreciated. Read more

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TechCrunch
Sarah Perez @ TechCrunch · 09/01/2020 12:50 EDT

Movies Anywhere officially launches its digital movie-lending feature, ‘Screen Pass’

Digital locker service Movies Anywhere is today officially launching its movie-sharing feature dubbed “Screen Pass,” which lets you lend out one of your purchased movies to a friend or family member. The feature was rushed into beta testing this March, followed by a more open public beta trial in April, thanks to increased demand from […] Read more

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TechCrunch
Marquise Foster @ TechCrunch · 09/01/2020 12:36 EDT

Watch these 6 startups compete in Pitchers & Pitches tomorrow

What do you get when you combine six early-stage startup founders with a panel of top VCs and savvy TechCrunch editors? It’s Pitchers & Pitches, a rapid-fire pitch competition with a hefty side of advice to turn your 60-second pitch into a key that unlocks opportunity. Grab a snack, bring your questions and tune-in to […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 09/01/2020 12:19 EDT

Your first sales hire should be a missionary, not a mercenary

The first sales hire will set the best practices, cultural tone and is also responsible for making sure each subsequent new sales hire succeeds. Read more

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TechCrunch
Jordan Crook @ TechCrunch · 09/01/2020 12:00 EDT

Fabletics’ Don Ressler and Kevin Hart to talk D2C at Disrupt 2020

The world of retail has been absolutely rocked by the coronavirus pandemic. Stores closed across the country, and at the same time, online sales went through the roof. Direct-to-consumer brands, many of whom are masters of both online and brick-and-mortar channels, experienced unprecedented change in a matter of weeks and months. To unpack all of […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 09/01/2020 12:00 EDT

Apple launches COVID-19 ‘Exposure Notification Express’ with iOS 13.7 – Android to follow later this month

Apple and Google are continuing to make good on their planned roll-out of exposure notification technology for helping with COVID-19 contact tracing efforts. The two partners are introducing new tools that make it much easier for public health authorities to implement digital exposure notification, without the need for developing and maintaining their own individual apps. […] Read more

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