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LemonBox, which brings US vitamins to Chinese consumers, raises $2M – TechCrunch

LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and,…


Lazada, Alibaba’s Southeast Asia e-commerce business, gets a new CEO – TechCrunch

Alibaba has reshuffled the leadership at Lazada, its e-commerce firm in Southeast Asia, after CEO Lucy Peng — an original Alibaba co-founder — stepped down to be replaced by Lazada executive president Pierre Poignant after just nine…


JioSaavn becomes India’s answer to Spotify and Apple Music – TechCrunch

India finally has its answer to Spotify after Reliance Jio merged its music service with Saavn, the startup it acquired earlier this year. The deal itself isn’t new — it was announced back in March —…



Snap is being probed over its IPO because some investors are salty about losing money – TechCrunch

Here’s something I didn’t expect to read today. The U.S. Justice Department and Securities and Exchange Commission has subpoenaed Snap for details on its IPO apparently in connection with a lawsuit from disgruntled shareholders who claim…


Tesla picks telco executive Robyn Denholm to replace Elon Musk as chairman – TechCrunch

Elon Musk’s replacement as the chair of Tesla has been named and it is Robyn Denholm, an Australian executive who has been a director with the electric vehicle firm since 2014. Denholm is currently CFO…


Silicon Valley’s sovereign wealth problem – TechCrunch

It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive reach and influence in the US technology sector, the willful…


The next big restaurant chain may not own any kitchens – TechCrunch

If investors at some of the biggest technology companies are right, the next big restaurant chain could have no kitchens of its own. These venture capitalists think the same forces that have transformed transportation, media,…


Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GV – TechCrunch

Backed with nearly $87 million in venture capital funding from GV, Oak HC/FT and F-Prime Capital, Quartet Health was founded in 2014 by Arun Gupta, Steve Shulman and David Wennberg to improve access to behavioral…