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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

Chinese e-commerce giant JD.com has started quietly piloting its cross-border platform Joybuy in the UK, marking its push into the European market. 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.

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Li Auto says it will push for “major overseas growth” this year

TechNode

Global growth is among the key pillars underpinning the electric vehicle makers goals of maintaining sales momentum in 2025, chief executive Li Xiang told investors on March 14. billion) in 2024, dragging its shares on the Nasdaq down more than 4% as of market close on March 14.

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Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

TechCrunch

The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.

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Krafton backs Indian influencer marketing platform One Impression in $10M funding

TechCrunch

One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., The Gurugram-based startup is building an Amazon-like platform to help brands quickly find relevant influencers for their marketing campaigns.

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Zenda gets $9.4M to streamline school fee payment and management

TechCrunch

Zenda , a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage fee collection, is eyeing Africa as its next frontier for growth. Among the investors that took part in the seed round were STV, COTU Ventures, Global Founders Capital and VentureSouq.

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SoftBank-backed Indian insurance platform Policybazaar raises $75 million

TechCrunch

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. In a recent report, analysts at Bernstein estimated that Policybazaar commands 90% of share in the online insurance distribution market. “India has an under-penetrated insurance market.

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Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. One, most of them are excluded from various payment ecosystems globally due to their size, and two, getting hardware from providers can be expensive. . Australia and Asia.