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Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in…

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Payment service Toss becomes Korea’s newest unicorn after raising $80M – TechCrunch

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is…




The trust dilemma of continuous background checks – TechCrunch

First, background checks at startups, then Huawei’s finance chief is arrested, SoftBank’s IPO is subscribed and I am about to record our next edition of TechCrunch Equity. It’s Thursday, December 6, 2018. TechCrunch is experimenting…


Foxconn or Foxgone? Tariffs, Wisconsin and iPhone fires – TechCrunch

First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn and then quick notes on tech depression, Huawei and more. TechCrunch is experimenting with new content forms. This is…



Insurance startup Bright Health raises $200M at ~$950M valuation – TechCrunch

A flurry of digital-first insurers are betting they can surpass industry incumbents with a little help from technology and a lot of help from venture capitalists. The latest to land a massive check is Bright…



Meituan, China’s ‘everything app’, walks away from bike sharing and ride hailing – TechCrunch

A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed all-encompassing platform for local services, continues to put the brakes on bike-sharing and ride-hailing, the company said…