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On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn – TechCrunch

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. Founded in 2013…

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Macquarie Capital Venture Studio adds three new companies to infrastructure tech portfolio – TechCrunch

Macquarie Capital Venture Studio, the infrastructure-focused accelerator affiliated with the nearly $500 billion-dollar investment firm Macquarie Group, has added three companies to its portfolio. The companies, AirMap, Envoy Technologies and Teralytic, provide services in airspace…


PayPal shutters Malaysia office as part of customer service reorg – TechCrunch

Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The office, located in capital city Kuala Lumpur, was home to a team of customer service…


Investors are still failing to back founders from diverse backgrounds – TechCrunch

The majority of venture dollars go to founders who are white, male and university-educated Jonathan Shieber @jshieber / 13 hours The large majority of venture dollars are invested in companies run by white men with…



How to prepare for an investment apocalypse – TechCrunch

Micah Rosenbloom Contributor More posts by this contributor Business school grads and quants are winning the battle to create the next P&G Startups need to respect the laws of retail physics Unlike 2000 and 2008,…


Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot – TechCrunch

More posts by this contributor Partech is doubling the size of its African venture fund to $143 million Zimbabwe’s government faces off against its tech community over internet restrictions A high court in Zimbabwe ended…


First China, now Starbucks gets an ambitious VC-funded rival in Indonesia – TechCrunch

Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and on the real estate side,…



A private equity bet in Latin America proves the strength of fintech investments there – TechCrunch

Latin America is getting another fintech unicorn thanks to Advent International’s acquisition of a 51 percent stake of Prisma Medios de Pago, an Argentine payments company formed as a joint venture between Visa International and…