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Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. Parts of this story might sound familiar to readers familiar with Good Eggs — when the startup

Finding, and retaining, frontline workers has likely never been as critical as it is in these pandemic days. Enter WorkStep, a four-year-old startup that was founded with the mission of helping large supply chain employers do just that. The fully distributed company announced this morning that it h

Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba, became profitable for the first time in the December quarter, the company announced in its earnings report. The firm’s cloud unit achieved positive adjusted EBITA (earnings before interest, taxes and amortization) dur

Eyelash extensions have taken off in recent years — particularly in Asia — but the audience is only so broad. Getting extensions — semi-permanent fibers that are attached to one’s natural eyelashes — can require hundreds of dollars and hours in the seat of a lash styli

Time is critical for healthcare providers, especially in the middle of the pandemic. Singapore-based Bot MD helps save time with an AI-based chatbot that lets doctors look up important information from their smartphones, instead of needing to call a hospital operator or access its intranet. The sta

When you want to buy a refrigerator or a television, you can walk to the nearby electronics store or visit an e-commerce website like Amazon. But where do you go when you're looking for parts of a crane, a door or chassis of different machines? For several businesses globally, the answer to tha

BukuWarung, an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc and an Indonesian retail conglomerate. The amount was undisclosed, but sources say it brings BukuWarung's total funding so far to

The Bezos era is ending, Uber acquires Drizly and Tesla recalls 135,000 vehicles. This is your Daily Crunch for February 2, 2021. The big story: Jeff Bezos will step down as Amazon CEO Amazon announced today that founder Jeff Bezos will be transitioning from CEO to executive chair i

Blockbuster news struck late this afternoon when Amazon announced that Jeff Bezos would be stepping back as CEO of Amazon, the company he built from a business in his garage to worldwide behemoth. As he takes on the role of executive chairman, his replacement will be none other than AWS CEO Andy Ja

Google continues to bet heavily on Google Cloud, and, while it is seeing accelerated revenue growth, its losses are also increasing. For the first time today, Google disclosed operating income/loss for its Google Cloud business unit in its quarterly earnings today. Google Cloud lost $5.6 billion in

Amazon founder and current CEO Jeff Bezos will be transitioning to executive chair of the company sometime in Q3 of this year, with current AWS CEO Andy Jassy taking over the top executive role at the commerce company. Amazon announced the news alongside its earnings results on Tuesday. Amazon init

SpaceX has once again flown its Starship spacecraft, a still-in-development space launch vehicle it’s building in south Florida. This test was a flight of SN9, the ninth in its current series of prototype rockets. The test involved flying SN9 to an altitude of around 10 km (just over six mile

Springbig today announced that it acquired Canada-based BudTender, a customer experience platform for cannabis retailers. The acquisition adds 200 clients to springbig, which brings the total amount of retailers in its purview to 1,900. This move comes as cannabis retailers are seeking novel approa

The wave of venture capital interest in geographies other than Silicon Valley has been building momentum over the past 5+ years. If you measure capital flow by Twitter chatter alone, you may assume the tidal wave is about to break and checks are being doled out via T-shirt launchers repurposed from