Highsnobiety secures $8.5M from Felix Capital to woo millennial males

By Mike Butcher Highsnobiety has come a long way. What began as a sneaker passion blog in 2005 now attracts upwards of 9 million visitors monthly to its site containing news and analysis of high fashion, streetwear and culture. The site has attracted a highly influential audience of young, educated and affluent, mainly millennial male, readers. These are the hard-to-reach people even social media isn’t… Read More

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Your monthly Amazon Prime membership fees are about to increase

By Brian Heater If you’re on-board for Amazon’s monthly Prime membership, I’ve got a bit of bad news for you on this cold December morning. The company’s bumping up pricing from $10.99 to $12.99. Not the end of the world, of course, but that comes out to about $156 a year — a $24 increase over the old price. Amazon has confirmed the price increase with TechCrunch and laid all of… Read More

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Amazon reveals top 20 city candidates for its second HQ

By Darrell Etherington Amazon has reviewed the proposals from potential candidate cities for its second North American headquarters location, and it found 20 of those the most promising. The mayors of these top 20 cities will now fight to the death in a Battle Royale-style island arena… er wait, no actually they’ll just move on the next portion of Amazon’s submission phase, which includes… Read More

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Apartment List raises $50 million for home rentals

By Katie Roof It’s estimated that over one-third of Americans rent their homes, according to the National Multifamily Housing Council. And half of those people are under 30-years-old. But what’s the best way for this often transient group of people to find a new place to live? Craigslist has been a leader in online rentals, but not everyone is satisfied with the user experience. Apartment… Read More

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JD.com leads investment in Vietnam-based e-commerce service Tiki

By Jon Russell JD.com, the Chinese e-commerce firm that rivals Alibaba, has continued its expansion in Southeast Asia with an investment in Vietnam-based Tiki, a seven-year-old online retail service. JD.com is leading a Series C investment round in Tiki alongside VNG, the Vietnam-based online media and gaming company that is already an investor. The round itself is undisclosed, but TechCrunch understands… Read More

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Amazon takes on Wish with an “Under $10” selection of products that ship for free

By Sarah Perez Amazon has quietly launched a new feature that’s seemingly aimed at helping the retailer better compete with discount shopping apps such as Wish and others. In the Amazon iOS app and on the web, Amazon recently added a new section offering products under $10 that ship for free. Some of the products are also available on Prime, but the feature doesn’t appear to be limited to… Read More

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Instacart acquires Toronto-based Unata

By Jordan Crook Instacart has today announced the acquisition of Unata, a Toronto-based company that offers a platform for both grocers and consumers to interact digitally. The terms of the deal were not disclosed. Unata’s product, unlike Instacart’s, is a white-label grocery platform, letting grocers anywhere create apps and websites for consumers to order products, complete with coupons,… Read More

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India’s Razorpay nabs $20M led by Tiger Global for its Stripe-like payment gateway

By Ingrid Lunden E-commerce remains among the biggest tech opportunities in India, one of the world’s most populated countries whose economy continues to rapidly evolve and now has over 500 million people connecting to the Internet. And today, a startup that is playing in this space — aiming to make it easier to take and make payments online — has announced a significant round of… Read More

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Alibaba blames politics as Taobao retains place on US government naughty list

By Jon Russell It hasn’t been a great couple of weeks for Alibaba in the U.S.. First affiliate Ant Financial’s proposed acquisition of MoneyGram collapsed due to objections from the U.S. government, now its Taobao service has the dubious honor of again featuring on the USTR (United States Trade Representative) naughty list. Taobao, Alibaba’s hugely popular marketplace, is among 25… Read More

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Brit + Co had a round of layoffs this month as part of a ‘reorganization’

By Megan Rose Dickey Brit + Co laid off some employees earlier this month as part of a reorganization, TechCrunch has learned. Brit + Co declined to comment on the number laid off, but the women’s lifestyle and digital media company’s employee base went from 92 people in September 2017 to just 78 today, according to its team page. “It’s been a very unpredictable time in the media industry,… Read More

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Boxed in talks to be acquired by Kroger for $500 million

By Katie Roof New York-based Boxed, the startup for buying food and household items in bulk, is in talks to be acquired by Kroger for about $500 million. Other retailers are also expected to be making bids. The news was first reported by Forbes and confirmed to TechCrunch by a source with knowledge of the situation. We’re hearing that the company is aiming to make a decision this weekend. Founded… Read More

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Ford partners with Postmates on self-driving delivery pilot

By Darrell Etherington Ford has a new partner for its autonomous vehicle program: Postmates. The on-demand delivery service provider is working with the automaker through its self-driving vehicle platform, in a similar way to existing partner Domino’s Pizza. Postmates is the first on-demand delivery app to work with Ford in this capacity, and will test with the platform this year, including in a pilot in a… Read More

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IBM led on patents in 2017, Facebook broke into top 50 for the first time

By Ingrid Lunden Patents may sometimes get a bad rap for how they are abused (and misused) by some companies for commercial gain, but they also remain a marker of how a tech company is progressing with its R&D and pushing ahead on innovation. For one measure of that advance, today, IFI Claims, the patent analytics firm, published its 2017 list of companies with the most U.S. patents assigned for the year.… Read More

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August Access, in-home delivery first tested with Walmart, opens to all retailers

By Ingrid Lunden August Home, the smart lock startup that was acquired by lock giant Assa Abloy in October last year, is stepping up its delivery game. At CES today, the company announced a service it’s calling August Access, where retailers can work with August and its partner Deliv to open your front door and bring packages directly into your home when you are not there, if you use a smart lock from… Read More

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Red Points takes $12M to help brands beat fakes

By Natasha Lomas Some nice momentum for Barcelona based Red Points which has closed a $12M Series B, led by Northzone. Previous investors Mangrove and Sabadell Venture Capital also participated in the round. Read More

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