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Tag Archives: TechCrunch
Praktis lands $20M to help Indonesian D2C brands handle their supply chains
Small to medium-sized enterprises contribute 60% of Indonesia’s gross domestic product. But companies in the D2C space still struggle to compete against bigger brands. Praktis wants to put them on a more level playing field. The startup, which handles everything … Continue reading
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In Europe, Accel banks on a turnaround over the next six to nine months
It’s been almost five years since this editor sat down with longtime VC Harry Nelis and three other investors from Accel’s London office to talk about the trends rippling through the venture industry. At the time, our talk largely centered … Continue reading
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Daily Crunch: Shopify lays off 20% of staff and sells its logistics arm to Flexport
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Why, hello, Crunchers! We’re excited to tell you that today is Thursday! How fabulously exciting. Over on … Continue reading
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Investors cheer as Coinbase beats Q1 expectations
Today after the bell, Coinbase reported its Q1 2023 financial results, handily beating expectations. In the first three months of the year, the U.S. cryptocurrency exchange generated net revenues of $736 million, a $79 million net loss, and adjusted EBITDA … Continue reading
Lyft shares tumble as investors react to dim outlook
Lyft shares tanked as much as 12% moments after the company reported first-quarter earnings as investors placed more weight on a dim outlook and lower quarter-over-quarter revenue than other financial gains. Shares have since stabilized in after-hours trading, now trading … Continue reading
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Tesla brings back the long-range Model 3 with an 18% discount
After a nearly nine-month hiatus, Tesla has reopened orders for its long-range Model 3. The vehicle reappeared on the automaker’s website earlier this week with a steep price drop. It previously started at $57,990, but now sits at $47,240 before … Continue reading
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Developers are building out the blockchain ecosystem in Barcelona
Welcome back to Chain Reaction. This week I’m writing the newsletter from the currently sunny and always beautiful city of Barcelona, Spain. I’m here for the Avalanche Summit II, which is hosted by Ava Labs, the creator of the layer-1 … Continue reading
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Acquisition, retention, expansion: Why SaaS founders must understand GDR and NDR
Paris Heymann Contributor Share on Twitter Paris Heymann is a partner at Index Ventures, where he invests primarily in B2B SaaS and data. More posts by this contributor Metrics that matter: 3 KPIs to track on the path to profitability … Continue reading
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Meta pitches augmented reality to advertisers with new AR Reels Ads and Facebook Stories
Augmented reality is coming to Reels Ads and Facebook Stories, Meta announced this afternoon the IAB’s NewFronts as part of its pitch to advertisers. The update allows brands like Sephora, Tiffany & Co., and others to offer more immersive experiences … Continue reading
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Oh hey, Google just announced the Pixel Fold
Look, I’m not going to sit here and pretend like the entire world didn’t know this was happening next week, but is a bit of theatrics too much to ask? Google learned a few years back that the best way … Continue reading