And the winner of Startup Battlefield Europe at VivaTech is… Wingly

At the very beginning, there were 15 startups. After a morning of incredibly fierce competition, we now have a winner. Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front of multiple groups of VCs and tech leaders serving as judges for […]

Meet the speakers at The Europas, and get your ticket free (July 3, London)

Excited to announce that this year’s The Europas Unconference & Awards is shaping up! Our half day Unconference kicks off on 3 July, 2018 at The Brewery in the heart of London’s “Tech City” area, followed by our startup awards dinner and fantastic party and celebration of European startups! The event is run in partnership […]

Boosted Boards founders launch heavy-duty scooter renter Skip

All electric scooters are not created equal. I’ve found ones from Spin, Bird, and Lime to often be broken, shaky, or out of battery. But now the founders of Boosted Boards, which makes the steadiest and safest-feeling electric skateboards, are bringing their rugged hardware expertise to the scooter world. Today, they’re coming out of stealth […]

Instacart names David Hahn as new Chief Product Officer

Instacart, the on-demand grocery delivery platform that finds itself at the center of ever-increasing competition, has today announced that David Hahn will be taking over as Instacart’s new Chief Product Officer. Hahn previously served as VP of Product at LinkedIn, after which time he went to Greylock to serve as an entrepreneur in residence, helping […]

Insurance giant Allianz confirms $35M investment in Asian ride-sharing unicorn Go-Jek

German insurance giant Allianz is following Google and Tencent by backing Go-Jek, the Indonesia-based ride-hailing and local services company valued at over $4.5 billion, after it announced an investment. The money comes from Allianz X, the firm’s digital investment arm, which confirmed it put in $35 million in what is its first deal in Southeast Asia. The […]

Alibaba is preparing to invest in Grab

Fresh from announcing a deal to buy out Uber in Southeast Asia, Grab looks set to gain further firepower with Chinese e-commerce giant Alibaba preparing to invest in the ride-hailing firm. Alibaba is in the early stages of making an investment in Grab, two sources with knowledge of discussions told TechCrunch. Isn’t yet clear what […]

Chinese bike-sharing pioneer Mobike sold to ambitious Meituan Dianping for $2.7B

Meituan Dianping, the fast-growing Chinese firm valued at $30 billion, is buying Mobike, a Chinese startup that helped pioneer bike-sharing services worldwide, in a major piece of consolidation. The deal was heavy rumored yesterday and TechCrunch has today confirmed with two sources that it has been concluded at a price of $2.7 billion. TechCrunch understands […]

More countries are probing Grab-Uber deal over anti-competition concerns

Singapore’s competition agency last week opened an investigation into Grab’s acquisition of Uber’s Southeast Asia, and now authorities in the Philippines and Malaysia are following suit by looking closely at the deal. From The Philippines Competition Commission: The Grab-Uber acquisition is likely to have a far reaching impact on the riding public and the transportation […]

Uber’s India rival Ola could add public transport services following latest acquisition

The rumors are true, India’s Uber rival/potential-future-M&A-buddy Ola has acquired transportation startup Ridlr in an undisclosed deal. Mint reported the imminent transaction last week, describing it as a fire sale, and today Ola confirmed the deal. The terms are undisclosed so you can make of that what you will. Update: A source with knowledge of […]

Singapore says Uber-Grab deal may violate competition laws

Uber’s exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab’s purchase of the U.S. firm’s business in the region may violates competition laws. Singapore-based Grab, Uber’s chief rival in the region, announced the acquisition of Uber’s Southeast Asian business on Monday. In return, Uber is taking 27.5 percent of the Grab […]