Deal Box’s venture arm to invest $125M in startups using web3 technology

January 18, 2023

Deal Box, a capital markets advisory and token offering packaging platform, has launched its venture arm with plans to invest $125 million in startups using web3 technology, the company shared Wednesday. “We believe in the transformative power of web3, and we plan to invest in both web3 startups and companies that use web3 technology, including […]

Deal Box’s venture arm to invest $125M in startups using web3 technology by Jacquelyn Melinek originally published on TechCrunch

The Download: ending our online shopping addictions, and CRISPR for high cholesterol

January 18, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Why my bittersweet relationship with Shein had to end—Zeyi Yang, China reporter I’ve been missing the online shopping experience in China since I moved to the US four years ago. I grew up…

Self-driving truck startup Waabi brings on Volvo VC as strategic investor

January 18, 2023

Autonomous trucking startup Waabi has bagged Volvo Group Venture Capital AB, the automaker’s VC arm, as a strategic investor. The companies aren’t disclosing the amount invested, nor many other details about the deal, but having Volvo on board will both provide Waabi access to Volvo’s extensive industry network and help the startup explore opportunities for […]

Self-driving truck startup Waabi brings on Volvo VC as strategic investor by Rebecca Bellan originally published on TechCrunch

ThriveCart, which sells tools to build ecommerce carts, raises $35M

January 18, 2023

Often, first-time ecommerce entrepreneurs don’t know what they need to build an effective funnel and cart experience for their platforms. It’s not their fault; the problem’s challenging. According to one source, the average cart abandonment rate across all industries is 69.57%. That means roughly seven out of 10 shoppers won’t complete their transaction, leading to […]

ThriveCart, which sells tools to build ecommerce carts, raises $35M by Kyle Wiggers originally published on TechCrunch

Why my bittersweet relationship with Shein had to end

January 18, 2023
China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. I’m a lot like everyone else these days, doing a bit of self-reflection at the beginning of the year. I’m a tech reporter, but I also use tech platforms for my personal life. And throughout…

Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission

January 18, 2023

Barely a year after Tanzania capped the commissions that e-hailing firms like Uber and Bolt charge their partners at 15%, the authority in charge has backtracked on the order, taking away drivers’ prospects of increased earnings. The fee was increased to 25% effective last Sunday after the Land and Transport Regulatory Authority (Latra) issued a […]

Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission by Annie Njanja originally published on TechCrunch

Good Meat approved to sell serum-free cultivated meat in Singapore

January 18, 2023

Good Meat announced today it has received regulatory approval from the Singapore Food Agency to use serum-free media for the production of its cultivated meat. The brand, which is the cultivated meat division of U.S.-based food startup Eat Just, says it is the only cultivated meat producer in the world with the ability to sell […]

Good Meat approved to sell serum-free cultivated meat in Singapore by Catherine Shu originally published on TechCrunch