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Jen Young and Jeff Cavins were sitting in a beige conference room at a downtown Vancouver hotel, wasting away under fluorescent lights, an endless PowerPoint and a pair of sad Styrofoam cups of coffee between them. Young was there on a marketing contract. Cavins was a board member. They shared one

Reliance Retail said on Friday it has acquired a controlling stake in 25-year-old Indian search and discovery firm Just Dial for $469 million. The Indian retail giant, which leads the market, said it has acquired a 41% stake in the publicly listed Just Dial for $469 million and will make an open of

When it comes to M&A in the chip world, the numbers are never small. In 2020, four deals involving chip companies totaled $106 billion, led by Nvidia snagging ARM for $40 billion. One surprise from last year’s chip-laced M&A frenzy was Intel remaining on the sidelines. That would chan

technewss virtually sat down with venture capitalist and Cleo Capital managing director Sarah Kunst at our latest Early Stage event last week. Kunst joined us to chat about preparing for raising capital in today’s frenetic fundraising environment, digging into the gritty mechanics for the au

Vyrill helps brands discover and leverage video reviews created by authentic customers and users. The company presented its product at technewss Early Stage: Marketing & Fundraising, where it beat out nine other companies, winning the pitch-off. The judges were impressed with Vyrill’s no

Yummy, a Venezuela-based delivery app on a mission to create the super app for the country, announced Friday it raised $4 million in funding to expand its dark store delivery operations across Latin America. Funding backers included Y Combinator, Tinder co-founder Justin Mateen, Canary, Hustle Fund

Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5 million seed round in 2019. The founders also took in grant money from the European Union’s Horizon 2020 research fund during an earlier

Digital payments giant Paytm, one of India's most valuable startups, plans to raise up to $2.2 billion in an initial public offering, it said in draft papers submitted to the country’s market regulator on Friday. The Noida-headquartered firm — backed by Alibaba (which, alongside Ant

FedEx Express, a subsidiary of delivery services giant FedEx, is investing $100 million in Indian startup Delhivery as the global firm looks to expand its presence in the South Asian country. Friday’s investment comes less than two months after the Gurgaon-headquartered startup, which is valu

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 15, 2021. Good news from the technewss front: The agenda is out for our big Disrupt conference coming this September.

On July 16th, Roadrunner: A Film About Anthony Bourdain will open in US theatres. Like many documentaries, the film pieces together archival footage, including interviews and show outtakes, to attempt to tell the story of its subject in their own words. It also includes words Bourdain never spoke

The Conversion Wizards, a conversion rate optimization (CRO) consultancy, was entrusted with boosting the conversion rates of a multibillion dollar company. We used research to optimize the page and ran an A/B test. The winning version, labeled “radical,” resulted in a 75% increase in

A banner quarter for Xiaomi helped the Chinese mobile company snag the No. 2 spot in global smartphone shipments, according to newly posted Q2 numbers from research firm Canalys. It's pretty stunning growth for the company, up 83% year-over-year for the quarter and capturing 17% of the global m

Disrupt 2021 stands to be the best Disrupt yet. We have an incredible lineup of speakers both on the Disrupt Stage and the Extra Crunch Stage. And, of course, we can’t forget the Startup Battlefield, which has been a launch pad for some of the biggest tech companies in the world today, includ