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Manish Singh @ TechCrunch · 02/02/2021 19:30 EDT

India’s Zetwerk raises $120 million to scale its B2B marketplace for manufacturing parts

When you want to buy a refrigerator or a television, you can walk to the nearby electronics store or visit an e-commerce website like Amazon. But where do you go when you’re looking for parts of a crane, a door or chassis of different machines? For several businesses globally, the answer to that question is […] Read more ›

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TechCrunch
Catherine Shu @ TechCrunch · 02/02/2021 19:00 EDT

BukuWarung, a startup digitizing Indonesia’s SMEs, raises new funding from Rocketship.vc

BukuWarung, an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc and an Indonesian retail conglomerate. The amount was undisclosed, but sources say it brings BukuWarung’s total funding so far to $20 million. The company’s last round, announced in September 2020, was between $10 […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 02/02/2021 18:25 EDT

Daily Crunch: Jeff Bezos will step down as Amazon CEO

The Bezos era is ending, Uber acquires Drizly and Tesla recalls 135,000 vehicles. This is your Daily Crunch for February 2, 2021. The big story: Jeff Bezos will step down as Amazon CEO Amazon announced today that founder Jeff Bezos will be transitioning from CEO to executive chair in the third quarter of this year. […] Read more ›

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TechCrunch
Ron Miller @ TechCrunch · 02/02/2021 17:43 EDT

What Andy Jassy’s promotion to Amazon CEO could mean for AWS

Blockbuster news struck late this afternoon when Amazon announced that Jeff Bezos would be stepping back as CEO of Amazon, the company he built from a business in his garage to worldwide behemoth. As he takes on the role of executive chairman, his replacement will be none other than AWS CEO Andy Jassy. With Jassy […] Read more ›

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TechCrunch
Frederic Lardinois @ TechCrunch · 02/02/2021 17:17 EDT

Google Cloud lost $5.6B in 2020

Google continues to bet heavily on Google Cloud and while it is seeing accelerated revenue growth, its losses are also increasing. For the first time today, Google disclosed operating income/loss for its Google Cloud business unit in its quarterly earnings today. Google Cloud lost $5.6 billion in Google’s fiscal year 2020, which ended December 31. […] Read more ›

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TechCrunch
Travis Bernard @ TechCrunch · 02/02/2021 16:20 EDT

Save 25% with Extra Crunch Group Membership

We’re excited to announce Group Membership for Extra Crunch. The feature allows you to easily manage seats and payments for your team through a self-service interface. If your team joins through Group Membership, you’ll also save 25% or more on annual pricing. Extra Crunch Group Memberships can be found here. Extra Crunch is a members-only […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 02/02/2021 16:11 EDT

Jeff Bezos will no longer be CEO of Amazon as of later this year

Amazon founder and current CEO Jeff Bezos will be transitioning to Executive Chair of the company sometime in Q3 of this year, with current AWS CEO Andy Jassy taking over the top executive role at the commerce company. Amazon announced the news alongside its earnings results on Tuesday. Amazon initially rose after-hours as the market […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 02/02/2021 15:40 EDT

SpaceX has once again flown its Starship spacecraft, a still-in-development space launch vehicle it’s building in south Florida. This test was a flight of SN9, the ninth in its current series of prototype rockets. The test involved flying SN9 to an altitude of around 10 km (just over 6 miles or nearly 33,000 feet). After […] Read more ›

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TechCrunch
Matt Burns @ TechCrunch · 02/02/2021 15:36 EDT

Cannabis marketing platform Springbig adds BudTender to its stash

Springbig today announced that it acquired Canada-based BudTender, a customer experience platform for cannabis retailers. The acquisition adds 200 clients to Springbig, which brings the total amount of retailers in its purview to 1,900. This move comes as cannabis retailers are seeking novel approaches to expand their client base. In most regions, cannabis companies are […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 02/02/2021 15:32 EDT

VC meets the land of opportunity

The broadened geographic focus of VCs for marketing purposes and FOMO is not adequately capturing the real narrative. Read more ›

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TechCrunch
Lucas Matney @ TechCrunch · 02/02/2021 15:07 EDT

Facebook Messenger lands on Oculus Quest

Facebook spent more time than usual talking about their success with VR in their quarterly earnings call, taking time to note developer success and their own wins peddling their latest Quest 2 VR headset. One of the VR platform’s remaining quirks is a general lack of third-party support for apps that go beyond gaming. The […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 02/02/2021 14:53 EDT

The future of SaaS is on-demand: Use experts to drive growth and engagement

Not having a gig economy strategy as we start 2021 is like missing the internet trend in 1990 or failing to get ahead of the mobile revolution in 2010. Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 02/02/2021 14:51 EDT

Hourly job-matching startup Landed raises $1.4M

Landed, a startup aiming to improve the hiring process for hourly employers and job applicants, is officially launching its mobile app today. It’s also announcing that it has raised $1.4 million in seed funding. Founder and CEO Vivian Wang said that the app works by asking applicants to fill out a profile with information like […] Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 02/02/2021 14:37 EDT

After pulling in around $80 million last year in revenue, LA’s StackCommerce is acquired by TPG’s Integrated Media Company

The Los Angeles-based commerce and content platform StackCommerce has been acquired by the Integrated Media Company, a holding company set up by the massive private equity fund, TPG, to acquire new media businesses. StackCommerce’s affiliate buying platform has distributed more than $175 million on its platform by going directly to merchants. Through its platform publishers […] Read more ›

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TechCrunch
Frederic Lardinois @ TechCrunch · 02/02/2021 14:30 EDT

Language-learning service Babbel adds live classes, games and more

Babbel, the Berlin-based language-learning platform, today announced that it is now going well beyond its core app-based learning service and is introducing live classes. Capped at six students, these conversation-driven classes will be taught by certified teachers, using Babbel’s existing methodology. Learners can add live classes to their existing Babbel subscription for an additional fee, […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 02/02/2021 14:07 EDT

Commuting platform startup Hip lands $12 million to help companies bring employees back to the office

Nearly a year ago, the spread of COVID-19 ended the daily commute for millions of Americans, an abrupt change that sent the ridesharing industry into a free fall. Hip, which connected commuters with third-party bus and shuttle operators via an app, was just one of the many mobility-as-a-service startups that watched its clientele and revenue […] Read more ›

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TechCrunch
Romain Dillet @ TechCrunch · 02/02/2021 13:59 EDT

Scaleway launches Mac mini cloud instances

Cloud hosting company Scaleway is adding a new type of instances today — Mac minis powered by Apple’s M1 chip. The new instances cost €0.10 per hour, around $0.12 at today’s rate — there’s a minimum commitment of 24 hours. Scaleway is hosting those new computers in its DC4 data center in Paris — it’s a former […] Read more ›

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TechCrunch
Matt Burns @ TechCrunch · 02/02/2021 13:50 EDT

SoftBank is just the latest validation for Miami’s booming startup scene

Miami tech is in a nascent phase to the outside world, and it allows the locals and newcomers to learn from major tech hubs' mistakes and decidedly do things differently. Read more ›

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TechCrunch
Matt Burns @ TechCrunch · 02/02/2021 13:50 EDT

8 Miami-area investors assess America’s southernmost tech ecosystem

"We are now seeing, with the rise of remote working, better talent than ever before. But we still have a long way to go." Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 02/02/2021 13:46 EDT

Alloy raises $4M to build out its e-commerce automation service

Alloy Automation, a startup that was part of the Y Combinator Winter 2020 cohort, announced today that it has closed $5 million across two rounds, the most recent of which brought $4 million to the company in October of 2020. The new funds were raised at a $16 million pre-money, $20 million post-money valuation, Alloy […] Read more ›

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