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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 mid-2024, the company operates nearly 100 bonded, direct-mail, and overseas warehouses globally, covering nearly 1 million square meters across key markets including the US, UK, Germany, France, Vietnam, and the UAE. JD has been ramping up its local presence in Europe.

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Grocery delivery startup Membo is hungry to build a Europe-wide, local food producer network

TechCrunch

Entering this fray is Membo — which, starting in Estonia, has built an app-based marketplace for local food producers to sell directly to consumers, cutting out other middlemen as the startup handles delivery logistics and billing. Its business model is based on taking a commission on orders made via its platform.

Local 98
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Tesla turns a record profit despite new Model S and Model X delay

The Verge

Tesla has drawn a lot of scrutiny lately, has run into delays with the refreshed Model S and Model X, and the auto industry is struggling through a global shortage of semiconductors. On Monday, the Silicon Valley automaker announced its best-ever start to a year, despite not making a single Model S sedan or Model X SUV.

Model 94
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The 10 most innovative computing companies of 2025

Fast Company Tech

The heated race to develop and deploy new large language models and AI products has seen innovation surgeand revenue soarat companies supporting AI infrastructure. Lambda Labs new 1-Click service provides on-demand, self-serve GPU clusters for large-scale model training without long-term contracts. in Ehningen, Germany.

Companies 111
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Tesla finally made a profit without the help of emission credits

The Verge

Tesla pulled this off despite taking a loss of $23 million on its big Bitcoin bet ( something that had helped it to a profit last quarter ), a delayed rollout of the revamped Model S sedan and Model X SUV, and the global semiconductor shortage. All told, Tesla generated $11.9 billion in revenue in the quarter. Same with China.

Profit 135
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Gorillas, the on-demand grocery delivery startup taking Berlin by storm, has raised $44M Series A

TechCrunch

Gorillas , a grocery delivery startup that operates its own hyper local fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Meanwhile, Gorillas says the new funding will be used for expansion across Germany and will accelerate its rollout across more of Europe — first stop, Amsterdam.

Raise 114
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4 keys to international expansion

TechCrunch

Rocket often followed the Blitzscaling model popularized by Reid Hoffman — earning them an appearance in his book of the same name. My personal observations on Rocket’s successes and failures start with this crucial point: These learnings might not apply to your unique combination business model, market and timing.