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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Audi names interim chief Bram Schot CEO
Audi has a new CEO. Bram Schot was just named the car company’s chief executive after serving in that role on an interim basis since June. He was appointed to the spot after  then-CEO Rupert Stadler was arrested in Germany on charges surrounding the emissions scandal. The CEO appointment takes effect on January 1, 2019. Schot […]

Wed, 12 Dec 2018 12:31:28 +0000

Starbucks challenger Luckin snags $200M investment on $2.2B valuation
Luckin, a startup that vows to topple Starbucks’ dominance in China, announced on Wednesday that it’s lifted its valuation to $2.2 billion after raising $200 million in a series B funding round. That came only five months after the coffee upstart, which soft-launched in January, picked up $200 million in investment. Luckin has been on a spending spree […]

Wed, 12 Dec 2018 11:30:01 +0000

Nexthink raises $85M to monitor and improve ’employee experience’ of apps
As companies compete for talent, a startup that has built a platform to help ensure that the talent — once it’s working for you — doesn’t get bogged down by IT frustration, has raised a significant round of funding. Lausanne, Switzerland-based Nexthink has nailed down $85 million in funding led by Index Ventures (which has […]

Wed, 12 Dec 2018 10:21:54 +0000

Multilingual Indian video app Roposo raises $10M from Tiger Global and Bertelsmann
India has 22 official languages, which often presents a challenge for businesses that want to scale across the entire country. Video-sharing app Roposo, however, uses that to its advantage by offering content in several different regional languages. Based in Gurgaon, Roposo announced today that it has raised a $10 million Series C from returning investors […]

Wed, 12 Dec 2018 07:48:36 +0000

China’s Tencent Music raises $1.1 billion in downsized US IPO
Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the NYSE today. That makes it one of the largest tech listings of the year, but the pricing is at the bottom end of its $13-$15 range […]

Wed, 12 Dec 2018 05:06:18 +0000