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Posts Tagged ‘world-wide web’

China’s Ctrip now owns half of India’s MakeMyTrip following share swap with Naspers

China’s Ctrip, the world’s second largest online travel company, is doubling down on India after it announced a deal to increase its ownership of travel company MakeMyTrip to nearly half. Ctrip will boost its ownership of MakeMyTrip, which is listed on the Nasdaq like Ctrip, to 49 percent through an exchange deal that sees Naspers, the ...

Grocery delivery startup Honestbee is running out of money and trying to sell

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with ...

The startup behind that deep-fake David Beckham video just raised $3M

The recent global campaign showing Malaria survivors speaking through David Beckham to help raise awareness around the Malaria Must Die initiative spooked a lot of people: The campaign has already exceeded 400 million impressions globally. But a behind-the-scenes video explains how the video was made: The campaign was a joint collaboration between RG/A, Ridley Scott ...

Tumblr – finally – enables HTTPS for all accounts

Better late than never, Tumblr has rolled out HTTPS across its entire site. In a brief post on Tumblr’s engineering page, the company said all Tumblr sites will now have the web encryption setting enabled by default, though it admitted the move was “long-overdue.” Tumblr, which like TechCrunch is owned by Verizon, has 464 million ...

Luxury consignment e-tailer The RealReal to enter the unicorn club with new funding

The RealReal has authorized the sale of up to $70 million in new shares in a round that could value the luxury consignment shop at $1.06 billion. ...

India’s Mfine raises $17.2M for its digital healthcare service

Mfine, an India-based startup aiming to broaden access to doctors and healthcare using the internet, has pulled in a $17.2 million Series B funding round for growth. The company is led by four co-founders from Myntra, the fashion commerce startup acquired by Flipkart in 2014. They include CEO Prasad Kompalli and Ashutosh Lawania who started ...

Sri Lanka blocks social media sites after deadly explosions

The government of Sri Lanka has temporarily blocked access to several social media services following deadly explosions that ripped through the country, killing at least 207 people and injuring hundreds more. Eight bombings were reported, including during Easter services at three churches, on the holiest weekend of the Christian calendar. In a brief statement, the ...

Startups Weekly: Zoom CEO says its stock price is ‘too high’

In this week's newsletter: More IPOs, Boston Dynamics dog-like robot makes its debut and Ro raises $85M. ...