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[Currently in BETA mode]

eleva8or introducer engine helps Startups and Investors come together efficiently

For Startups, eleva8or helps them to prepare for due-diligence to attract capital from savvy investors around the globe

For Investors, eleva8or helps to provide exposure to new and emerging Startups that fit their investment profiles

eleva8or is not crowdfunding, typically one or two Investors participate in deals

STARTUPS

INVESTORS

Discover the next messaging giant at Disrupt Berlin

On November 14, 2018Source: Asia – TechCrunchBy Romain Dillet
Categories: Apps, Asia, Europe, Mobile, Social, Startups, Disrupt, disrupt berlin, disrupt berlin 2018, Truecaller

Truecaller may already be a familiar name, but many of you probably don’t know that it’s slowly becoming a significant messaging app. That’s why I’m excited to announce that Truecaller co-founder and CEO Alan Mamedi will join us at TechCrunch Disrupt Berlin. Truecaller first started as a call screening app. Some countries are more affected […]

Why the future of Chinese e-commerce is in its rural areas

On November 13, 2018Source: Asia – TechCrunchBy David Riggs
Categories: Asia, Column, eCommerce, China

China announced a mere 6.7 percent economic growth in July 2018, the lowest growth rate since 2016. Despite a slowdown in overall economic growth, Chinese e-commerce has only increased, accounting for 40 percent of all worldwide e-commerce today.

Open sourcing analysis, plus US, China and HQ2

On November 13, 2018Source: Asia – TechCrunchBy Danny Crichton
Categories: Asia, Government, Mobile, Amazon, hq2, new york city, oppo, Tencent, washington DC, WeChat, WhatsApp, Xiaomi

The big news today is that — finally — we have Amazon’s selection of cities for its dual second headquarters (Northern Virginia and NYC). Then some notes on China. But first, semiconductors and open sourcing analysis. We are experimenting with new content forms at TechCrunch. This is a rough draft of something new — provide […]

Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’

On November 13, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, eCommerce, Personnel, Amazon, binny Bansal, economy, executive, Flipkart, india, myntra, Sachin Bansal, tiger global, Walmart

Flipkart, the India-based e-commerce firm owned by Walmart, has lost its Group CEO Binny Bansal after he resigned from the company following an investigation into “serious personal misconduct.” Bansal founded Flipkart in 2007 with Sachin Bansal (no relation) and had served as its CEO since 2016, before going on to become CEO of the Flipkart […]

China’s NetEase raises $600M for its music streaming business

On November 13, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Funding, Fundings & Exits, Media, alibaba, alibaba group, Baidu, China, general atlantic, iResearch, Online Music Stores, Spotify, Tencent, tencent music, the wall street journal

As Tencent Music, China’s largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games and publishing giant NetEase, just closed a fresh $600 million injection from a bevy of investors that include Baidu and General Atlantic, the company announced […]

Chinese WeWork rival Ucommune raises $200M to go after international growth

On November 13, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, Beijing, business, China, coworking, economy, Europe, Japan, mobike, naked hub, New York, ofo, Philippines, series C, shanghai, Singapore, Softbank, SoftBank Group, Southeast Asia, taipei, Thailand, ucommune, United States, vietnam, WeWork

China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it closed a $200 million Series D funding round. The new round was led by Hong Kong-based All-Stars Investment with participation from Chinese investment bank […]

Okay, one final Form D note

On November 12, 2018Source: Asia – TechCrunchBy Danny Crichton
Categories: Asia, Finance, Fundings & Exits, Startups, TC, Venture Capital, Form D, Softbank, Softbank Vision Fund, tokyo stock exchange, Venture law

Some more comments from readers on the changing culture around startups filing their Form Ds with the SEC, and then a short update on SoftBank and a bunch more article reviews. We are experimenting with new content forms at TechCrunch. This is a rough draft of something new – provide your feedback directly to the […]

Tiger Global returns with a $3M investment to help restaurants deal with delivery apps

On November 12, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Food, Venture Capital, DoorDash, e-commerce, Flipkart, food delivery, grubhub, india, iPads, New York, Postmates, tiger global, Uber, Uber Eats, Walmart

Tiger Global has returned to backing early-stage Indian startups after it wrote a $3 million check for CheckMate, a U.S.-Indian startup that helps restaurants deal with the pain of multiple food ordering platforms. The Series A and it represents the first time that CheckMate has raised outside funding for its business. It is also a […]

Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push

On November 12, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, eCommerce, TC, Alibaba Cloud, alibaba group, Apple, China, Dell, JD.com, online payments, singles' day, taobao, Tmall, U.S. government, United States

Alibaba may have pioneered the concept of Singles’ Day, the world’s largest shopping day based on sales, but it very much is not the only e-commerce giant involved. JD.com, Alibaba’s biggest rival in China, just announced that it sold RMB 159.8 billion ($23 billion) in goods for its Singles’ Day campaign. Unlike Alibaba, which racked up $31 […]

Alibaba made a smart screen to help blind people shop and it costs next to nothing

On November 12, 2018Source: Asia – TechCrunchBy Rita Liao
Categories: Artificial Intelligence, Asia, Diversity, Gadgets, alibaba, alibaba group, alipay, China, CSR, eCommerce Platform, iPhone, quora, smartphones, text-to-speech, Tsinghua University

Just a few years ago, Li Mengqi could not have imagined shopping on her own. Someone needed to always keep her company to say aloud what was in front of her, who’s been blind since birth. When smartphones with text-to-speech machines for the visually impaired arrived, she immediately bought an iPhone. “Though it was expensive,” […]

Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing

On November 11, 2018Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, eCommerce, TC, alibaba, alibaba group, ceo, China, daniel zhang, e-commerce, jack ma, JD.com, Lazada, Lazada Group, online marketplaces, online retailer, rokid, singles, singles' day, YouKu

Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s gross merchandise volume – a measure for the dollar value of total transactions – at a staggering $30.8 billion, although the company recorded its lowest-ever […]

Rakuten has SoftBank in its sights

On November 9, 2018Source: Asia – TechCrunchBy Arman Tabatabai
Categories: Asia, Mobile, KDDI, Rajeev Misra, rakuten, Softbank, Vision Fund

This week, I’ve tried to do something new at TechCrunch with this experimental column — getting obsessed about a topic broadly in tech and writing a continuous stream of thoughts and analysis about it. With my research consultant and contributor Arman Tabatabai, we’ve covered two topics: Form Ds, the filing that startups usually submit to […]

Singles’ Day: China’s $25 billion shopping festival explained

On November 9, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, eCommerce, TC, alibaba, singles' day

This Sunday is November 11, an auspicious date within the Chinese tech community because it marks Singles’ Day, the world’s largest online shopping day. This year is particularly poignant because it will be the tenth edition of the annual event — also known as Double Eleven — since it was created by Alibaba, the Chinese e-commerce […]

Xiaomi is opening a retail store in London as it extends its Europe push

On November 9, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Europe, Amazon, Android, Carphone Warehouse, Italy, Lei Jun, London, smartphones, spain, United Kingdom, United States, westfield mall, Xiaomi

Xiaomi’s expansion into Europe continues at speed after the Chinese smartphone maker announced plans to open its first retail store in London. The company is best known for developing quality Android phones at affordable prices and already it has launched devices in Spain, Italy and France. Now, that foray has touched the U.K., where Xiaomi […]

Japan is cracking down on SoftBank’s revenue

On November 8, 2018Source: Asia – TechCrunchBy Arman Tabatabai
Categories: Asia, Finance, Startups, Transportation, Venture Capital, Japan, KDDI, Masayoshi Son, ntt-docomo, Softbank, Venture law

First, a couple of quick follow-ups to our coverage of Form Ds yesterday, and then a deeper dive into the challenges SoftBank is facing with regards to its revenue in Japan. Finally, some notes on recent articles we have read. We are experimenting with new content forms at TechCrunch. This is a rough draft of […]

Travel activities startup KKday lands investment from Alibaba and Line

On November 8, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Fundings & Exits, TC, alibaba, alibaba group, China, e-commerce, Entrepreneur, getyourguide, H.i.s., his, Japan, kkday, klook, line ventures, Monk's Hill Ventures, Southeast Asia, tourism, travel activities, United States

Taiwan’s KKday, a startup in the increasingly competitive travel activities space, has pulled in an undisclosed funding round that adds two strategic investors to its business: Chinese e-commerce firm Alibaba and Japanese chat app company Line. KKday was founded in 2015 to help people who travel overseas find and book activities, ranging from tours to […]

Grab lands $50M from Thailand’s Kasikorn Bank to further its fintech push

On November 8, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Fundings & Exits, Ant Financial, bangkok, Didi Chuxing, e-money, Fintech, grab, hyundai, Indonesia, kasikorn bank, lightspeed venture partners, Microsoft, Philippines, Singapore, Softbank, Southeast Asia, Thailand

Southeast Asia ride-hailing firm Grab is continuing to add strategic investors to its ongoing Series H round — which is targeted at more than $3 billion — after it revealed Thai bank Kasikorn put in $50 million as part of a strategic partnership to advance its financial services strategy. Kasikorn joins Hyundai ($250 million), Microsoft […]

WeChat reaches 1M mini programs, half the size of Apple’s App Store

On November 7, 2018Source: Asia – TechCrunchBy Rita Liao
Categories: Apps, Asia, alibaba, app-store, Baidu, China, didi, Didi Chuxing, e-commerce, food delivery, JD.com, ma huateng, Meituan-Dianping, messaging apps, Pony Ma, Tencent, WeChat

They may not be widely known outside of China, but Tencent’s mini program initiative to develop “apps” that live outside of app stores is bearing fruit after it clocked two notable landmarks: 200 million daily users and one million apps. In recent years, Tencent’s WeChat messaging app has blossomed into a universe of its own with […]

China can apparently now identify citizens based on the way they walk

On November 7, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Privacy, Beijing, China, facial recognition, gait analysis, Huang Yongzhen, law enforcement, national security, shanghai, surveillance, video surveillance, WATRIX.AI

China is home to the world’s largest network of CCTV cameras — more than 170 million — and its police have adopted Google Glass-like “smart specs” to seek out suspects in crowds, but now its surveillance efforts have hit a new level with technology that can apparently identify individuals based on their body shape and the […]

TechCrunch returns to Shenzhen for our latest China event from November 19-20

On November 7, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Events, TC, shenzhen, TechCrunch, TechCrunch China, techcrunch shenzhen, technode

We’re excited to announce our return to Shenzhen, which will host our next event in China later this month. Once again organized with our longtime local partner TechNode, the two-day event will run from November 19-20 at the Shenzhenwan Science and Technology Ecological Garden. Our first TechCrunch event in Shenzhen — the city widely acknowledged as […]