TikTok is gearing up to challenge Amazon’s Prime Day event in the July. The social network announced on Thursday that TikTok Shop is holding a “Deals For You […]
Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale
Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch […]
Chinese e-commerce marketplace Temu faces stricter EU rules as a ‘very large online platform’
Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face the European Union’s strictest rules after authorities designated the company a “very large […]
From Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year
Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four […]
Google launches a new Android feature to drive users back into their installed apps
Google has a new plan to promote Android apps outside of its Play Store. It was launched last week at its Google I/O 2024 developer conference, where the […]
Temu accused of breaching EU’s DSA in bundle of consumer complaints
Consumer protection groups around the European Union have filed coordinated complaints against Temu, accusing the Chinese-owned ultra low-cost e-commerce platform of a raft of breaches related to the […]
Shein to face EU’s strictest rules for online marketplaces
Ultra-fast fashion ecommerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services […]
Lenovo LOQ 15 (2024) review: A cheap gaming laptop, but can it run AAA games?
Lenovo LOQ 15 (2024) review. It may be one of the best cheap gaming laptops you can get.
Amazon quietly launches Bazaar to sell fast-fashion and lifestyle products in India
Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and […]
VCs will get liquidity in 2024 from the secondary market, not IPOs
If you asked a bunch of VCs at the end of 2023 if the IPO market would finally open again in 2024, most of them would have said […]