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As Temu shakes up global ecommerce, PDD nears overtaking Alibaba

TechCrunch

PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet. Now […] © 2023 TechCrunch.

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Series B is the attention-seeking middle child of financing rounds

TechCrunch

?. Hello and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Maybe it’s time we start covering them more on the show again (and check out our latest Wednesday episode for a Tiger Global-themed chat ).

Attention 127
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Korean accelerator SparkLabs showcases social and e-commerce startups at its second Demo Day

The Next Web

SparkLabs belongs to the Global Accelerator Network , which includes Techstars , Australia’s PushStart and Microsoft’s Azure accelerator in Israel. The businesses that the accelerator favor all aim to go beyond Korea’s traditionally inward focus, and move into lucrative markets including the US, China, Japan, and others.

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Equity Monday: A global selloff to kick off Disrupt week

TechCrunch

Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. On the news front, the global stock market is taking a whacking. The Equity team is hosting — between the group of us — a zillion panels and one of the two stages. Come hang out with us.

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East meets West: Why Chinese app developers are targeting US smartphone owners

The Next Web

China is the world’s largest country with more than 1.3 Distribution and cashflow pose challenges in China. On the other hand, in China, most of the users, the majority, are not well educated and in big cities working in foreign companies. That’s why the free business model is so popular in China. billion people.

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Daily Crunch: China criticizes India for ‘frequent investigations’ of local Chinese firms

TechCrunch

was faring during the global venture capital market slowdown. Mike reports that Headline VC may have been in the venture capital game since 1999, but armed with $950 million in new commitments across three funds, it is still proving it’s more like the Energizer Bunny than a fossil. Who’s calling who a “dinosaur”? got itself a new CFO.

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Equity Monday: Stocks up, cryptos up, regulation up

TechCrunch

Hello and welcome back to Equity , TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Here’s what we got to: Global stocks are up to kick off the week. Thinking broadly, the latest regulatory news from China regarding ByteDance is not super bullish for the nation’s tech industry.

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