Every couple of months, I talk to an entrepreneur who is interested in building a marketplace for buying and selling app businesses (i.e. the actual IP and ownership of an app or other piece of software). These markets always seem to suffer from a lack of liquidity, and one reason why is that it’s really […]

Read more..

Roku plans to be a billion-dollar company in 2019, the company said on Thursday as part of its announcement of strong earnings. The company beat analyst estimates and reported strong growth in active users and streaming hours with earnings of $0.05 per share, compared with the $0.03 analysts had estimated, and revenues of $276 million, […]

Read more..

TechStyle Fashion Group, the company behind Kate Hudson’s Fabletics; the children’s brand FabKids; Rihanna’s lingerie brand, Savage X Fenty; and the shoe retailer Shoedazzle, has amassed 5 million members for its discount retail program. Those members were a large driver behind the $750 million in transactions the company saw for 2018, according to co-chief executive […]

Read more..

Tesla has been masking its lobbying efforts on solar panels and battery storage through the Energy Freedom Coalition of America, a trade association that is little more than a front for the automaker and alternative energy company, public documents suggest. SolarCity, which Tesla bought in 2016, began the practice of using the EFCA to promote […]

Read more..

Hoping to entice more users to attach the Venmo MasterCard to their account, Venmo this morning announced it’s launching a “special edition” rainbow-colored version of its debit card that will only be available in limited quantities. Clearly, the idea here is to generate a sense of urgency around ordering the Venmo MasterCard as well as […]

Read more..

Showfields, which helps online brands move into offline, brick-and-mortar retail, is announcing that it’s raised $9 million in seed funding. “Our thesis was simple: Make the process of becoming physical as easy as becoming digital,” co-founder and CEO Tal Zvi Nathanel told me. I’ve written about other companies, like Bulletin, promising a more flexible approach to […]

Read more..

Circle makes a fantastic screen time management tool and today the company announced a round of funding to help fuel its growth. The $20 million series B included participation from Netgear and T-Mobile, along with Third Kind Venture Capital and follow-on investments from Relay Ventures and other Series A participants. With this round of funding, […]

Read more..

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. What a week. It had looked a bit quiet with just a few big rounds to cover. I was looking forward to a relaxed episode, frankly. But no, as Kate and I were prepping the show notes, the […]

Read more..

Crypto market prices may be down significantly, but new investors continue to enter the blockchain space. The latest is Recruit Holdings, the $45 billion Japanese internet giant that owns Glassdoor among other things, which quietly launched a $25 million fund. The fund is based out of Singapore and it closed in November 2018, but its […]

Read more..

Apple is looking to get over its sales woes in China but offering prospective customers interest-free financing with a little help from Alibaba. Apple’s China website now offers financing packages for iPhones that include zero percent interest packages provided in association with several banks and Huabei, a consumer credit company operated by Alibaba’s Ant Financial […]

Read more..

Viber, the messaging app owned by Japanese e-commerce firm Rakuten, is poised to implement a controversial new strategy that will see it charge companies that run chatbots on its platform. The conventional wisdom is to work with content companies to help bring users to messaging platforms and keep them engaged but Viber, which has struggled […]

Read more..

Residents of even the tiniest far-flung villages in China may soon be able to pay on their phones to run daily errands as Beijing announced this month that it aims to make mobile payments ubiquitous in rural areas by the end of 2020. The plan arrived in a set of guidelines (document link in Chinese) […]

Read more..

Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP) as one of its anchor LPs. Founded by former Gobi Ventures VC Victor Chua and Singaporean investor Darren Chua (no relation) one year ago, […]

Read more..

Uber has said adamantly that it won’t exit India (or any more markets) following a hat-trick of retreats from China, Russia and Southeast Asia, but does that include its food delivery business? The answer could well be yes. If media reports are right, Uber is on the cusp of a tactical exit from India’s food […]

Read more..

The Japanese spacecraft Hayabusa 2 has just completed the next phase of its multi-part, multi-year mission by shooting a bullet into the asteroid it had been circling and returning to space. Hopefully, the spacecraft has been able to collect samples of asteroid material kicked off from the surface by the impact from the specially made […]

Read more..