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Christine and Haje The TechCrunch Top 3 Italy gives ChatGPT the boot : Italy’s government has been on a blocking kick lately. A few days ago, we wrote about a possible ban on cultivated meat , and today Italy wants to block ChatGPT, citing data protection concerns. On that note, enjoy your weekend!
billion) by antitrust regulators in Italy. Italy says Amazon pushed sellers into using its logistics services. These conducts have thus widened the gap between Amazon’s power and that of the competition also in the e-commerce order delivery business.”. Illustration by Alex Castro / The Verge. Amazon has been fined $1.3
In the latest development, an Opendoor-style startup called Casavo , out of Italy, is announcing that it has raised €400 million (about $410 million currently). The state of the market in particular lent itself to this. Pre-Covid, Tinacci said that in Italy it was typically seeing 500,000 residential transactions annually.
Qonto is a challenger bank focused on business bank accounts. It currently operates in France, Germany, Italy and Spain. Qonto started out with business bank accounts because that’s the key financial component of European companies. This is a fragmented market as each country uses different accounting tools. In the U.S.,
Founded in 2013 by Leonid Shangin and Yakov Filippenko, the company offered services to collect customer data and leverage it to create games, texts, and tasks designed to encourage repeat business. But the promise of software that predictably drives repeat business is alluring. SMS) to make personalized offers.
Reuters reports that the Milan-based appeals court upheld a 2019 ruling saying Facebook had copied the feature from developer Business Competence’s Faround app. That year, Business Competence launched Faround which was designed to help users find Facebook friends near their location. The case dates back to 2012.
So far it has concentrated on the lucrative European market. In June 2020 it merged with French competitor Everoad, and acquired Uber Freight’s European business last September. The European logistics and freight sector has a market size of $427 billion. The whole digital freight forwarding market is booming.
Another important data point that connects both regions: the black market is a competitive factor. However, things are moving on the legal side of the market — it appears medical cannabis still carries most of the momentum, and it is only accelerating. Europe is largely a medical-only market right now. billion by 2026.
Here’s how small businesses can leverage Instagram’s hidden likes. . The company first tested the update in Brazil, Canada, Ireland, and Italy. Understandably, the pandemic crisis is taking a toll on small businesses and hitting ROI hard. So why is this Feature Going to Help Small Businesses?
such as SmileDirect, and now plans to scale across Europe from its existing bases in Spain, Italy, Portugal, the U.K. As Diliara Lupenko says: “We didn’t copy what other companies in the space were doing and approached the market from a different angle from the get-go. Impress now has 75 clinics in Spain, Italy, the U.K.,
Digitization and globalization are giving rise to growing publishing markets that promise new business opportunities. The investments that Amazon, Apple and Google, among others, are making in aggregating Spanish-language digital content signal their priority on developing the Spanish-language markets in Latin America.
4) Calm Not Busy: How To Manage Your Nonprofit’s Communications for Great Results by Kivi Leroux Miller. Kivi has written several books on nonprofit marketing best practices, but this book looks at how to manage and lead your team with CALM (Collaborative, Agile, Logical, and Methodical). Learn more about it in his TedX Talk.
At launch, there are six different keyboard layouts — UK, US, German, French, Italian, and Spanish — and Upton tells me there are additional variants for the Norwegian, Swedish, Danish, Portuguese, and Japanese markets on the way soon. That said, Upton admits that the Pi 400’s pink and white color scheme won’t be to every business’s tastes.
Among others, it competes with ShippyPro , which runs out of Italy and has raised $5 million to date. Our mission is to help online stores streamline everything that happens after the sale, fueling repeat business and brand-loyal customers with the help of a fantastic post-purchase experience.”.
million, and, in the post-pandemic world where the population has become far more movable due to remote working, similar businesses are raising funds to attend to the needs of this global, nomadic workforce. Germany-based NUMA Group expanded into Spain, Italy, Austria and the Czech Republic in 2021. Based out of the U.S., ”
As part of that broader movement, the mighty WhatsApp, a dominant force in the messaging world, has been pushing deeper into the business arena with myriad tools to connect retailers with customers — from product catalogs and collections , to shopping carts and Instagram Shops integration. Charles’ platform in action.
More consolidation is apace in the world of payments: Nexi , the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 billion European payments giant, has made another acquisition, this time to dig deeper into financial services for small and medium businesses in the region.
Wefox’s most important source of revenue remains its distribution business. “On The majority of the revenue comes from our distribution business. Wefox currently operates in six European markets (Germany, Switzerland, Austria, Italy, Poland and Netherlands). The company now focuses on markets that it knows really well.
France, Italy and Spain. But with the SPAC market facing a lot of troubles, and the tech IPO market drying up at the end of 2021, Acorns scrapped its SPAC IPO plans in January of 2022. GoHenry will help it extend in that market segment. Second of all, it will add a number of new backers to Acorns’ cap table.
The Italy-born food tech startup claims to have built a “€100M+ company” inside two years. Founded by Matteo Pichi and Vittoria Zanetti, Poke House has opened 30+ stores in Italy, Portugal and Spain, and now has 400 employees. It’s claiming an expected turnover of more than €40 million in 2021.
Glovo , a startup out of Spain with 10 million users that delivers restaurant take-out, groceries and other items in partnership with brick-and-mortar businesses, has picked up a Series F of $528 million (€450 million). Michaud would only confirm to me that it was “definitely an up-round,” which would put it at at least $1.7
Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. It has now raised €175 million in total.
On the heels of Amazon about to launch a new enterprise service to detect whether a machine is working well or not based on external physical changes in sound, vibration and temperature, a startup that has already built a big business in the space is announcing a big growth round of funding.
Startups in this class come from far and away, including Argentina, Austria, Australia, Brazil, Croatia, Denmark, India, Japan, Italy, Latvia & Estonia, Spain, and Taiwan. Kickfolio: service to help brands market their iPhone apps. Pick1: retargeting service through automated market research.
Payments made a huge shift to digital platforms during the COVID-19 pandemic — purchasing moved online for many consumers and businesses, and a large proportion of those continuing to buy and sell in-person went cash-free. “We have a very good relationship,” he said.
These gatekeepers offer third-party companies access to a global market by providing their own infrastructure. An increasing number of online retailers use such platforms for their e-commerce businesses, which has made these platforms an integral part of compliance procedures. The EU VAT reform. Broad range of VAT rates across the EU.
Bitpanda’s focus up to now has been primarily on building a platform to target investors in Europe, a largely untapped market, as it happens. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. Our growth goes hand in hand with that.”
Cross-border logistics company iMile Delivery has recently entered the Italian market and established its European headquarters in Germany, becoming the first Chinese express delivery startup to enter Europe, according to an August 7 report by Chinese media outlet LatePost. The company targets the Middle East delivery market.
Merqueo also reached positive cash flow in Colombia, its most mature market. The market opportunity in Latin America is massive considering that online grocery sales only represent just 1% of the market –– far lower than in the U.S., Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy.
-based, Memmo was founded in Stockholm, and Lundberg Toresson said its strategy is both global and localized — the company is currently operating localized marketplaces for Sweden, Germany, Finland, Norway, the United Kingdom, Spain, Italy and Canada, as well as a general global market. Memmo has now raised a total of $12 million.
Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. The plan will be to grow that business as part of its wider expansion, tackling a market for e-commerce software that is estimated to be worth some $7 billion annually.
But only a few days before the initial listing the company pulled the plug with an eye on the developing Evergrande debt crisis that made the global stock markets very nervous. It has yet to announce a new date, but as Babbel CEO Arne Schepker told me, the company continues to monitor the markets. Image Credits: Babbel.
And this is a smart move as the content side of the business will likely drive traffic and help the company when it comes to ranking high on search engines like Google. If farmers like what they read, they will look at the other side of the business and start selling products on the marketplace.
The following year, Christians and Hahn brought on creative director Navina Pernsteiner to co-found the business and establish Sono Motors as a company and brand. before the market closed. The company’s path to market is twofold. On Wednesday, Sono Group, the parent company to Sono Motors, went public.
With $40 million on its bank account, Cajoo now wants to solidify its strong market position in its home country. But Henri Capoul sees it as market validation. But it’s a regulated market. So it’s clear that the company sees itself as a market leader in France first. We can’t sell everything at a loss,” he said.
It’s been a very busy 18 months for SWVL leading up to this news. Others include developing its proprietary technology stack and growing its three models — where it makes $5 million in MRR — across existing and new markets, it said in a statement. – Tying expenditures to essential business requirements.
First up is Spain and Portugal (launching next month), followed by Italy, the U.K. For example, marketplaces Back Market, Rakuten, Mirakl and Fnac are currently using Cubyn. With the funding, the ratio is predicted to change to 50-50” Mind the gap: E-commerce marketers should revise their TAM and SAM estimates.
Kahoot, which trades a part of its shares through Norway’s alternative exchange the Merkur Market and currently has a market cap of over $3 billion , said in an announcement that it would pay $31 million in cash, plus up to $19 million more in cash and shares, based on Drops meeting certain targets between now and 2022.
” Going forward, it will focus instead on its home market of Germany, as well as France, the Netherlands, the UK and the US, which it says collectively account for 90% of its revenues currently.The announcement came on the heels of a report in the German press last night about the layoffs. Apparently others have also looked. (It’s
million) seed round to expand its business across Europe. The startup currently operates in Germany, Austria, Italy and France, but plans to use its latest funding to move into Spain, the Netherlands and the UK over the next two quarters, according to a GetHenry spokesperson. million (€16.5
Thanks to recent regulatory changes, British investment platform Crowdcube plans to shake things up as it is officially launching on the French market. The company offers business bank accounts to small and medium companies based in Europe. Business banking startup Qonto raises $552 million at $5 billion valuation.
The Milan, Italy-based startup has picked up $48 million in funding, money that it will use to continue building the tech in its platform, scaling its service in Europe, and to begin working on efforts to break into the U.S. “It was an easy pick, with heaps of opportunity here for BNPL.”
Online grocery delivery, a booming business at the height of the COVID-19 pandemic, has definitely come down to earth with the shifts in the economy, public health and technology investing. This represents a big devaluation for the company, which says it is profitable in some (but not all) of its markets. billion, or $353 million.
The company is looking at Portugal, Italy, Germany and Belgium for its next markets. And this is key to understanding Fleet’s business model. The company is going to open an office in Barcelona as well. There are more European expansions on the roadmap as many of Fleet’s suppliers can deliver across Europe already.
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