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China’s JD.com pilots cross-border platform Joybuy in London as it takes on Temu in UK’s $163 billion e-commerce market

TechNode

Why it matters: JD.com began its globalization journey early, but has struggled to secure a leading position due to a lack of strategic focus. The move signals JDs ambitions to capture a slice of the UKs 127 billion ($163 billion) retail e-commerce market in 2024 the third-largest globally.

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Checkout.com raises $450 million and reaches $15 billion valuation

TechCrunch

The company has closed a $450 million Series C round with Tiger Global Management leading the round — Greenoaks Capital and all existing investors are also participating. According to the startup, it is now the fourth-largest fintech company globally. but also in France, Brazil, Singapore, Hong Kong, etc.

Raise 139
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For tech to develop in emerging economies, the first obstacle is trust

The Next Web

Riding the wave of global awareness for the need to stay competitive, Tanzania has taken some positive steps forwards, including government investments in a fibreoptic backbone as well as strategic initiatives around promoting start-ups. industry in Tanzania. Marshall McLuhan wrote that “we shape our tools and then they shape us.”

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TechSoup Local Impact Map Profile: Nonprofits Back to School — In Brazil

Tech Soup

Now that TechSoup’s Local Impact Map has officially launched , let's discover one of great new organizations featured there. TechSoup’s Local Impact Map is a great thing because it gives nonprofits like the Luciano Barreto Júnior Institute a way to get some wider attention for their good work.

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StudySmarter books $15M for a global ‘personalized learning’ push

TechCrunch

The new funding will be put toward product development and supporting the platform’s global expansion, per Khudir. We’re also looking to launch in France, Nordics, Spain, Russia and many more countries. Within the next 12 months, we will be expanding to more than 12 countries and support millions of learners globally.”

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Bumble makes its first acquisition with deal for French Gen Z dating app, Fruitz

TechCrunch

Fruitz was co-founded by Julian Kabab (CEO), Fabrice Bascoulergue (CTO), and Arnaud Ruols (CFO) and initially launched in France on Feb. million times globally across the App Store and Google Play, according to Sensor Tower data. It also prompts users to answer questions that serve ice breakers before messaging their match. As of Feb.

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Governments should invest in their diaspora founders

TechCrunch

We are brainstorming a new solution to a widespread challenge in many countries: How to develop a self-sustaining, independent local tech ecosystem. We propose that governments should systematically support funding for their diaspora founders, not just founders locally. Many countries’ governments (Canada, France, etc.)