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4 keys to international expansion

TechCrunch

Some companies are global by default — think mobile gaming companies — or simply require language localization. Others need to build new warehouses, hire local teams or build entirely new products. Just 13 months after launching in Germany, Homejoy had to cease operations globally, while Rocket’s Helpling is still alive and kicking.

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Autonomous electric truck company Einride rides into Germany

TechCrunch

Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. This will also require a purpose-built charging grid, which Einride said it will create along Germany’s most important commercial routes and neighboring trade regions.

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Some international regulators froze assets of local SVB branches

TechCrunch

As the situation is starting to solidify around Silicon Valley Bank, many international companies that interacted in one way or another with the regional U.S. Regulators in Canada and Germany have decided to freeze Silicon Valley Bank’s branches in these respective countries — but SVB had very limited operations in foreign markets.

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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

As of April 9, the company began testing operations in the Greater London area and opened up category onboarding for international and export-oriented brands in segments such as maternity and baby care, as well as toys. JD has been ramping up its local presence in Europe. New users are also eligible for discounts of up to 90%.

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As ChatGPT hype hits fever pitch, Neeva launches its generative AI search engine internationally

TechCrunch

Germany, France, and Spain. The new AI-infused Bing search engine in action Image Credits : Microsoft And this, effectively, is what Neeva is now bringing to international markets, a month on from its U.S. and Canada, as well as local language incarnations in Germany, France, and Spain.

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Global philanthropy responds to the Ukraine crisis

Candid

million that will be internally displaced and 12 million who will need humanitarian assistance of some kind. The United States, United Kingdom, Denmark, the Netherlands, Germany, and Japan account for 91% of total grant funding for Ukraine to date. We have been tracking philanthropy’s response to the Russian invasion of Ukraine.

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MVP Match, a tech-talent marketplace, raises $5M from Stage 2 Capital

TechCrunch

The Germany-based startup plans to use the funding to build new hubs in Africa and Europe, grow its team, and re-launch its proprietary platform to make “finding and working with tech talent easier than ever before.”. Gloat nabs $90M to build AI-powered internal jobs marketplaces.

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