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China’s Alipay digital wallet is entering 7,000 Walgreens stores – TechCrunch

China’s payments heavyweights have been following tourists abroad as their home market gets crowded. Ant Financial, Alibaba’s financial affiliate with a said valuation of $100 billion, now sees its virtual wallet Alipay handling transactions at 3,000…

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Indonesia-focused Intudo Ventures raises new $50M fund – TechCrunch

Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newcomer to Southeast Asia…


Ritual raises $25M for its subscription-based women’s daily vitamin – TechCrunch

In the era of #spirtual and #physical #wellness, everything needs to be Instagrammable, even dietary supplements. Ritual, a subscription-based service that charges customers $30 per month for shipments of its women’s daily or prenatal vitamins,…



Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation – TechCrunch

A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested…