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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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China’s Didi reportedly lost a staggering $1.6 billion in 2018 – TechCrunch

China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion yuan ($1.6 billion) in 2018, according to financial data that Chinese news site 36Kr obtained. For…


Investors are pouring money into Latin America’s logistics and shipping businesses – TechCrunch

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be…


Spotify gets acquisitive and Instacart screws up – TechCrunch

Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kind Spotify acquisition of his podcast…


Amazon’s secret acquisition and all the AV feels – TechCrunch

Welcome to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. I cover all the ways people and goods move from Point A to Point B — today and in the future…