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TechCrunch

TechCrunch is a group-edited blog that profiles the companies, products and events defining and transforming the new web.
Tencent’s latest investment is an app that teaches grannies in China to dance
Besides churning out video games for China’s young generations, Tencent has also been attuned to the need of silver-haired users: its latest bet is an app that teaches middle-age and elderly users, most of whom are female, how to dance. Called Tangdou, or “sugar beans” in Chinese, the app announced on Monday that it’s raised […]

Mon, 22 Apr 2019 10:58:57 +0000

Go-Jek brings in Misfit co-founder and ex-Facebook head to lead Vietnam business
Ambitious ride-hailing startup Go-Jek’s Southeast Asia expansion plan suffered a blow when it lost the leadership team behind its business in Vietnam, but now it has replaced them with the former head of Facebook in the country. Christy Trang Le, who led Facebook’s business in Vietnam for nine months before quitting for family reasons in […]

Mon, 22 Apr 2019 10:34:22 +0000

Confirmed: Pax Labs raises $420 million at a valuation of $1.7 billion
Pax Labs, the popular vape maker, has today confirmed the close of a $420 million equity round, including from existing investors Tiger Global Management and Tao Capital Partners, and new investors including Prescott General Partners. A Pax Labs spokesperson confirmed to TechCrunch that the post-money valuation for Pax Labs is $1.7 billion. The Information first […]

Mon, 22 Apr 2019 10:00:01 +0000

Huawei says it shipped 59M smartphones in Q1 as revenue jumped 39% to $27B
Fresh from an $8.8 billion profit last year, much-maligned Chinese tech giant Huawei is touting yet more growth. The firm said today that revenue in the first quarter of 2019 grew 39 percent year-on-year to reach $26.78 billion, or 179.7 billion CNY. The company claims it is owned by its employees — although a recent […]

Mon, 22 Apr 2019 09:42:16 +0000

Sony launches a taxi-hailing app to rival Uber in Tokyo
Sony last year announced it would enter Japan’s taxi-hailing space and, good to its word, the electronics giant has kicked off its S.Ride service in Tokyo. The service — which was first noted by CNET — is a joint venture between Sony, its payment services subsidiary and five licensed taxi companies. Since ride-hailing with civilian […]

Mon, 22 Apr 2019 07:29:23 +0000