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 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
Meet Kate, a French company that wants to create a tiny car that you can use for your daily commute and various errands. In addition to CEO Matthias Goldenberg and CTO Pierre Escrieut, Kate is also co-founded by Thibaud Elzière, the serial entrepreneur behind Hexa, the startup studio formerly known as eFounders. While Kate is […]
Kate is a new car maker focused on micro-cars for everyday use by Romain Dillet originally published on TechCrunch
The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. And it’s evident that proptech, unlike other industries, has lagged in utilizing social media to make sales. South African startup Flow wants to change how real estate agencies, developers and agents […]
South Africa’s Flow gets funding to automate social media advertising for real estate agencies by Tage Kene-Okafor originally published on TechCrunch
MENA-based buy now, pay later startup Tabby has raised $58 million, led by Sequoia Capital India and STV, at a valuation of $660 million. The investors co-led the fintech’s Series B extension round last June. PayPal Ventures, the global corporate venture arm of PayPal, is one of the participating investors (this marks its first investment […]
Tabby raises $58M at $660M valuation as PayPal Ventures makes first investment in the GCC by Tage Kene-Okafor originally published on TechCrunch
OpenAI co-founder and CEO Sam Altman sat down for a wide-ranging interview with this editor late last week, answering questions about some of his most ambitious personal investments, as well as about the future of OpenAI. There was much to discuss. The now eight-year-old outfit has dominated the national conversation in the two months since […]
That Microsoft deal isn’t exclusive, video is coming, and more from OpenAI CEO Sam Altman by Connie Loizos originally published on TechCrunch
PeopleFund, a South Korean marketplace that connects borrowers and investors to enable lending, has recently added $20 million to its $63.4 million Series C. Existing backer Bain Capital led the extension, with participation from previous investors such as Access Ventures, CLSA Capital Partners Lending Ark Asia, D3 Jubilee Partners, 500 Global, Kakao Investment, TBT Partners […]
P2P lending platform PeopleFund raises $20M Series C extension led by Bain Capital by Kate Park originally published on TechCrunch
Gogoro, the Taiwanese paladin for two-wheeler battery swapping, is working with the Indian state of Maharashtra to establish state-wide battery charging and swapping infrastructure. The initiative will be driven by a “50-50” partnership between Gogoro and Belrise Industries, an automotive systems manufacturer based in India, that will form an infrastructure company to own the batteries […]
Gogoro, Belrise JV to spend $2.5B on battery swapping network in Indian state by Rebecca Bellan originally published on TechCrunch