As payments companies continue to look to the long tail of global markets to expand their businesses, a startup that helps them do business in disparate economies is getting a strategic investment from one of payment world leaders. PayPal is leading a $50 million investment into PPRO, a London-based business that is focused on cross-border […]

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WeWork may have combined forces with its fiercest rival in China, Naked Hub, in a recent merger, but its new enemy numero uno in the country is also building up a roster of friends through aggressive M&A. Ucommune may not be spending the kind of cash WeWork China did — it reportedly spent $400 million to […]

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Undo, a long time player in the debugging tools space, offering its program execution capture and replay technology to help others diagnose software failures, has closed a $14 million Series B round led by Cambridge Innovation Capital, the Cambridge, UK-based builder of tech and healthcare companies. The 2005 founded startup — initially bootstrapped (out of founder […]

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WeWork, the co-working startup that’s valued at ~$20 billion and has some 200,000 members across 200 locations globally plus nearly 6,000 staff of its own, will no long allow employees to expense meat. It will also no longer serve meat at company events. The policy shift is intended to reduce the business’ environmental impact. The new […]

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Logistics on-demand service GoGoVan became Hong Kong’s first billion-dollar startup via a merger last year, and now is doubling down on growth after raising $250 million in new capital. The new round was led by InnoVision Capital, with participation from the Russia-China Investment Fund, Hongrun Capital and Qianhai Fund of Funds. Two other notable investors include […]

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Proportunity, a London-based startup and Entrepreneur First alumni, wants to help first time buyers get on the property ladder earlier or purchase a home more to their liking. The company, which recently became an FCA authorised mortgage lender, claims to use machine learning to accurately forecast future house prices and the areas of London that […]

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Eatigo, a Southeast Asia-based dining service that describes itself as an ‘anti-Groupon’ for restaurants, had a busy 2017 that saw it expand into a number of markets including India. Now it is primed to continue that growth further still after it gobbled down a fresh serving of capital from TripAdvisor, the travel giant that it already […]

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There’s more money flowing into Southeast Asia’s tech startup scene after Singapore’s Golden Equator Capital and Seoul-based Korea Investment Partners announced plans for a collaborative $88 million (SG$120 million) fund for the region. The two investment firms will act as joint partners for the vehicle, which is expected to hit a first close before September and […]

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Elon Musk seems not only intent on burning all the goodwill he earned for trying to help last week’s Thai cave rescue, but rolling around in its ashes, too. In a series of extraordinarily offensive, now deleted tweets, the SpaceX and Tesla CEO called a British diver who participated in last week’s dangerous rescue mission […]

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So… apparently there’s been another kerfuffle on the Twitter about some asinine things that a certain wealthy, rocket-building, payment-revolutionizing, electric vehicle company-creating entrepreneur has written in tweets to millions of followers. This billionaire is, by all accounts, incredibly difficult to work for, very visionary and … a bit thin-skinned for someone with such a habit […]

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Netflix has been killing competitors with its original TV shows and movies. A Morgan Stanley survey released back in May had 39 percent of U.S. consumers naming Netflix as offering the “best original programming” among subscription video services, with everyone else eating its dust, including HBO, which nabbed 14 percent, Amazon Prime Video (5 percent) […]

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Once America had an unassailable advantage, an economic flywheel that spun off innovation and Fortune 500 companies like a perpetual-motion machine. Bring in the best, brightest, and most driven from around the world; educate them or their children at its universities; then watch them start companies, succeed wildly, give back to their alma maters, and […]

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Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor MallforAfrica and DHL launch MarketPlace Africa global e-commerce site Nigerian logistics startup Kobo360 accepted into YC, raises $1.2 million Three e-mobility startups are accelerating into the U.S. motorcycle market. […]

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For the last few years now, BMW has wrestled with the question of what it’ll mean to be a luxury car manufacturer in the age of electric cars, autonomous driving and rapidly changing — and increasing — customer expectations. What, after all, makes something the “ultimate driving machine” when the driver eventually stops driving? For BMW, […]

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Here is what you should take away from the state of the global venture capital market: late-stage deals dominated Q2.

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