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Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer

Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer Korean e-commerce giant Coupang has a new chief financial officer. The company announced today that it has hired Alberto Fornaro, who previously served the same role at International Gaming Technology (IGT PLC), the multinational gaming machine company. Fornaro succeeds […]

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Cyber Monday on track to deliver $9.4B in U.S. online sales

Cyber Monday on track to deliver .4B in U.S. online sales Cyber Monday online sales are on track to hit $9.4 billion today, a figure that’s up 18.9% year-over-year, and even larger than Black Friday’s record-breaking $7.4 billion in online sales, according to analytics from Adobe. As of 9 AM Eastern on […]

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Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

Africa Roundup: Nigerian fintech gets 0M, mints unicorn, draws Chinese VC November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised […]

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Sim Shagaya’s uLesson African edtech startup raises $3.1M

Sim Shagaya’s uLesson African edtech startup raises .1M Nigerian founder Sim Shagaya is back with a new startup —  uLesson — that has raised a $3.1 million seed round led by TLcom Capital. The venture is integrating mobile platforms, SD cards, culture-specific curriculum and a network of tutors to bridge educational gaps […]

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Nike is latest retailer to offer 3% cash back to Apple Card users

Nike is latest retailer to offer 3% cash back to Apple Card users Nike is the latest company to offer 3% cash back to Apple Card users, when they make an Apple Pay purchase using the card across Nike’s retail platforms, including its stores, Nike.com, SNKRS, Nike Training Club, Nike Running Club […]

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Vistaprint left a customer service database unprotected, exposing calls, chats and emails

Vistaprint left a customer service database unprotected, exposing calls, chats and emails A security researcher has found an exposed database on the internet belonging to online printing giant Vistaprint. Security researcher Oliver Hough discovered the unencrypted database last week. There was no password on the database, allowing anyone to access the data […]

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Hulu is down, appears to be a major outage

Hulu is down, appears to be a major outage Hulu is currently down. We’re not sure why, and neither does Hulu. A stream of tweets complaining about the outage surfaced Sunday morning on the U.S. east coast, but it seems like a global outage. In response, Hulu’s Twitter support didn’t seem to […]

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China Roundup: Y Combinator’s short-lived China dream

China Roundup: Y Combinator’s short-lived China dream Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we looked at how Alibaba and Tencent fared in the last quarter; the […]

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VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund

VTEX, an e-commerce platform used by Walmart, raises 0M led by SoftBank’s LatAm fund E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest development, a company called […]

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Equity Dive: Poshmark’s origin story with co-founder & CEO Manish Chandra

Equity Dive: Poshmark’s origin story with co-founder & CEO Manish Chandra Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We have something a bit different for you this week. Equity co-host Kate Clark recently sat down with Manish Chandra, the co-founder and chief […]

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