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 […]
General Catalyst makes India push with Venture Highway merger
General Catalyst, a Silicon Valley venture capital group, is expanding its presence in India by joining forces with a local venture firm and earmarking more than $500 million […]
HSBC believes that $22 billion Byju’s is now worth zero
In a research note, HSBC estimates that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing. The write-down in its estimation makes Byju’s […]
Startups Weekly: Drama at Techstars. Drama in AI. Drama everywhere.
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every […]
Linktree surpasses 50M users, rolls out its social commerce program to more creators
Link-in-bio startup Linktree said on Wednesday that it has surpassed 50 million users. The figure represents a significant uptick from the 2.7 million users the company had in […]
Poshmark’s ‘Promoted Closet’ tool lets sellers boost all their listings at once
Poshmark, the social commerce site that lets people buy and sell new and used items to each other, launched a paid marketing tool on Thursday, giving sellers the […]
Meesho, an Indian social commerce with 150M transacting users, secures $275M in new funding
Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, it disclosed in a securities filing. […]
TikTok Shop expands its secondhand luxury fashion offering to the UK
TikTok Shop, TikTok’s social commerce marketplace, is launching a secondhand luxury category in the U.K., putting it in closer competition with The RealReal, Vestiaire Collective, Depop, Poshmark, and […]
MarketForce winds down its B2B e-commerce arm
Kenyan B2B e-commerce company MarketForce is winding down its B2B e-commerce business that served informal merchants (mom-and-pop stores) after a turbulent two-year period that saw it scale down […]
Farm to Feed is cutting food loss and creating data platform to better farm outcomes
Globally, a third of the food produced is lost or wasted, and in Kenya, that figure stands at between 20% to 40%. For Kenya, unlike the developed world, […]