Jon Russell, TechCrunch

Jon Russell

TechCrunch

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Recent:
  • TechCrunch
Past:
  • Yahoo
  • The Next Web

Recent articles by Jon:

Carrefour sale shifts the balance of power in China’s new retail battle –

Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is switching up its approach to China, and shifting the balance of power between the country’s tech giants. Carrefour, which is Europe’s largest retailer, sold a majority 80% stake in its China-based business to Chinese retailer […] → Read More

Xiaomi’s new Mi CC brand will develop ‘trendy’ smartphones for young people –

Huawei may be on the ropes as it battles sanctions from the U.S. government, but fellow Chinese smartphone rival Xiaomi is in expansion mode with the launch of a new brand that’s aimed at winning friends (and sales) among the young and fashionable. “Mi CC” is the newest brand from Xiaomi. Unveiled on Friday, the […] → Read More

Facebook adds new limits to address the spread of hate speech in Sri Lanka and Myanmar –

As Facebook grapples with the spread of hate speech on its platform, it is introducing changes that limit the spread of messages in two countries where it has come under fire in recent years: Sri Lanka and Myanmar. In a blog post on Thursday evening, Facebook said that it was “adding friction” to message forwarding […] → Read More

Indonesia’s EV Hive raises $13.5M and expands into co-living and new retail –

WeWork’s battle to win co-working in Indonesia, the world’s fourth most populous country, is intensifying after one of the U.S. firm’s key rival announced a slew of announcements to double down on its business. EV Hive, an Indonesia-based co-working startup, said today that it has raised $13.5 million and expanded into new verticals. The company […] → Read More

GuestReady raises $6M to help hosts on Airbnb and other services manage their property –

GuestReady, a three-year-old service that lets shared-economy hosts manage their business on Airbnb and other rental sites, has announced a $6 million Series A round. The investment was led by existing backer Impulse VC — the Russian fund that is backed by billionaire Chelsea FC owner Roman Abramovich — and new addition VentureSouq from Dubai. Other […] → Read More

Alibaba proposes share split ahead of reported $20B Hong Kong IPO –

Alibaba is being heavily linked with a public listing in Hong Kong, which could reportedly happen in Q3 and raise up to $20 billion. The firm is keeping quiet on those rumors, but it did let slip a major hint after it announced plans for a stock split. Filings uploaded today (but originally released Friday) […] → Read More

Binance begins to restrict US users ahead of regulatory-compliant exchange launch –

The world’s largest crypto exchange is going legit. Binance, which processes over $1 billion on a daily basis and for so long has embodied crypto’s wild west culture, announced that it will launch a U.S-based service — but, in the meantime, it is implementing restrictions for U.S. passport holders worldwide and those based in the […] → Read More

Go-Jek doubles down on India with yet another talent acquisition –

Go-Jek may be based in Southeast Asia, but the multi-billion-dollar ride-hailing firm continues to tap India for engineering talent. The Indonesia-headquartered firm announced today that it has acquired AirCTO, a recruitment platform based in Gurgaon. The acquisition, the price of which has not been disclosed, is a talent grab. AirCTO’s platform uses a mix of […] → Read More

Telegram’s crypto tokens are (kind of) going on sale to the public for the first time –

Telegram, the most hyped ICO in the history of ICOs, is finally making its tokens available to retail investors through a limited listing that will precede a full sale later this year — but there are a lot of catches. The messaging company, which serves as the de facto chat app for the crypto community, […] → Read More

Telegram’s crypto tokens are (kind of) going on sale to the public for the first time –

Telegram, the most hyped ICO in the history of ICOs, is finally making its tokens available to retail investors through a limited listing that will precede a full sale later this year — but there are a lot of catches. The messaging company, which serves as the de facto chat app for the crypto community, […] → Read More

Korean hotel platform Yanolja raises $180M at a valuation of over $1B –

The travel tech industry has got another unicorn. Following the likes of Airbnb, OYO, Traveloka and Klook, Korea’s Yanolja said today it has closed a $180 million Series D round that takes it valuation beyond $1 billion. The investment is led by GIC, a Singapore sovereign wealth fund, and Booking Holdings, the U.S. firm behind […] → Read More

Fintech platform Synapse raises $33M to build ‘the AWS of banking’ –

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion. The investment was led by Andreessen Horowitz with participation from existing backers Trinity Ventures and Core Innovation Capital . Synapse […] → Read More

Line teams up with Visa to boost its mobile payment service –

Messaging app Line has partnered with Visa to bring traditional financial clout to its mobile payment service. The deal will see Line Pay become compatible with Visa’s 54 million merchant partner locations worldwide, boosting the service outside of its native Japan, where it has been pitched heaviest so far and where Line claims 80 million […] → Read More

This entrepreneur is donating unwanted bike-sharing cycles to underprivileged students in Myanmar –

What is the world to do with the graveyards of dockless bicycles left over after China’s bike sharing startups retreated from global markets? One man has come up with the best idea to date: donate them to students who need them. Entrepreneur Mike Than Tun Win has bought 10,000 bikes from bike-sharing companies which he […] → Read More

China’s Didi kicks off Latin America expansion with moves into Chile and Colombia –

The wheels are turning on Didi Chuxing’s first major expansion in Latin America after the Chinese ride-hailing firm announced moves into Chile and Colombia to double its presence in the region. Didi said it rolled into Valparaiso, Chile’s third largest metropolis, and Colombian capital city Bogota this week. The company plans to expand beyond those […] → Read More

YouTube says homophobic taunts don’t violate its policies –

YouTube is a confusing mess of an internet platform. In what appears to be a moment that draws a line in the sand around how online platforms regulate content, YouTube has told a gay reporter that homophobic harassment he received from a prominent conservative channel does not violate its policies. The company told Vox reporter […] → Read More

Sleek lets companies incorporate and operate in Singapore — without the pain of paperwork –

Singapore is keen to exert itself as an epicenter for startups and tech worldwide. But beyond the government-backed startup programs, which include grants, investment checks and more, a key point is simply making it easy for companies to set up shop in the country. Southeast Asia is highly-touted as a growth region for startups, with […] → Read More

Oppo and Xiaomi tease under-screen selfie cameras for smartphones –

The next innovation in mobile is peeking its head for all to see today after Chinese companies Oppo and Xiaomi both showed off under-screen cameras. Apple’s notch set the ball rolling as a new way to pack a front-facing camera without compromising on the screen size, but it is already feeling date. The industry has […] → Read More

Key Vision Fund investors are reportedly lukewarm on a second fund –

SoftBank shook up the venture capital world with its unprecedented $100 billion Vision Fund, and the speculation continues around its follow-up. The fund hasn’t quite closed $100 billion — it is mighty close… — but that hasn’t stopped reports of a sequel from surfacing for the last 18 months. SoftBank has mown through its allocation […] → Read More

Tesla’s new China-made Model 3 opens for pre-order with a 13% price cut –

Tesla’s big bet on China-based production is key to a new effort to lure Chinese consumers with cheaper prices. Today the U.S. firm revealed that its incoming Model 3, which will be produced in China, will sell from 328,000 RMB — that’s around $47,500 and some 13 percent cheaper than its previous entry-level option. The […] → Read More