StockX raises $275m Series E, valuing the retailer at $2.8b

StockX raises $275m Series E, valuing the retailer at $2.8b

StockX today announced its Series E funding led by Tiger Global. The $275 million funding round values the company at $2.8 billion at a post-money valuation. The company intends to use the cash to accelerate global expansion, product development, and to expand...
Why Alibaba rival Pinduoduo is investing in agritech

Why Alibaba rival Pinduoduo is investing in agritech

Back in 2018, Pinduoduo sent shock waves through the investor community when it raised $1.6 billion from a Nasdaq listing as a three-year-old company. Online shoppers in China were excited to see its rise as an alternative to long-time market dominators Alibaba and...
Australia sues Facebook over its use of Onavo to snoop

Australia sues Facebook over its use of Onavo to snoop

Yet more trouble brewing for Facebook: Australia’s Competition and Consumer Commission (ACCC) is suing the tech giant over its use, in 2016 and 2017, of the Onavo VPN app to spy on users for commercial purposes. The ACCC’s case accuses Facebook of false, misleading or...
Facebook launches revamped Instagram Lite app in India

Facebook launches revamped Instagram Lite app in India

Facebook is working to bring back the Instagram Lite app, months after it shut down the light version offering worldwide. The social conglomerate said on Wednesday that it is testing the revamped Instagram Lite app in India, where it hopes to “gain valuable insights”...
Extra Crunch membership now available in Switzerland

Extra Crunch membership now available in Switzerland

TechCrunch readers in Switzerland can now purchase Extra Crunch membership. Join our growing community of founders, startup teams, and investors here.  Use the code SWISSCRUNCH during checkout for an additional 25% off an annual or 2-year plan. The discount code...