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Indian online insurance aggregator PolicyBazaar has filed for an initial public offering in which it is seeking to raise $809 million, becoming the fourth startup in the past two months from the South Asian market to explore public markets. In papers submitted to the market regulator in India, Poli

Indian online learning platform Unacademy has raised $440 million in a new financing round as investors double down on the South Asian market and elsewhere following a widening series of regulatory crackdowns in China that wiped hundreds of billions of dollars last month. Temasek led the Bangalore-

In a blockbuster deal that rocks the fintech world, Square announced today that it is acquiring Australian buy now, pay later giant Afterpay in a $29 billion all-stock deal. The purchase price is based on the closing price of Square common stock on July 30, which was $247.26. The transaction is exp

The digitization of your haircut may not have been on your 2020 bucket list, but 2021 has an even more surprising line item: Tech-powered barbershops are now a business proposition valued at nearly a billion dollars. Squire is a back-end barbershop management tool for independent businesses. I firs

Duolingo landed onto the public markets this week, rallying excitement and attention for the edtech sector and its founder cohort. The language learning business' stock price soared when it began to trade, even after the unicorn raised its IPO price range, and priced above the raised interval.

Hello and welcome back to technewss'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. The tech industry in China has had quite a turbulent week. The government is upending its $100 billion private education sect

The world has just witnessed one of the fastest work transformations in history. COVID-19 saw businesses send people home en masse, leaning on technology to maintain business as usual. Working from home, once the exception rather than the rule, became responsible for two-thirds of economic activity

TuSimple, the self-driving truck company that went public earlier this year, has partnered with Ryder as part of its plan to build out a freight network that will support its autonomous trucking operations. Under the deal announced this week, Ryder’s fleet maintenance facilities will act as t

Nearly two years ago, contractors for Google's Pittsburgh operations voted to join the United Steelworkers union in a bid to secure more labor rights representation. It was an early example of a building union movement for tech workers across the spectrum. But as other hard-fought battles have

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 30, 2021. What a week, my friends. It was packed full of IPOs and earnings and startup news and new venture funds. And

Argo AI, the autonomous vehicle technology startup backed by Ford and VW, has landed a permit in California that will allow the company to give people free rides in its self-driving vehicles on the state’s public roads. The California Public Utilities Commission issued the so-called Drivered

"speakable-summay">Delive annunced tday that it is cnsideing leaving the Spanish maket, citing limited maket sh and a lng f investment with “highly uncetain lng-tem ptential etuns” n the hizn. The cmpany, an n-demand utfit based in the U.K., went public ealie in 2021. Its shs initially

Every week over the past three and a half years, an average of three CEOs have exited tech companies in the U.S. That tally is higher — in good times and bad — than in any of the other 26 for-profit sectors tracked by executive search firm Challenger, Gray & Christmas. You’d think tec

This year, livestream viewers in China are projected to spend more than $60 billion on digital shopping experiences that let them interact with influencers in real time. Promoting everything from cosmetics to food, social media stars use Taobao, TikTok and other platforms to livestream products and