Startup
Transportation startup Lime is shutting down LimePod, its car-sharing service that it launched last November in Seattle. Lime plans to start removing its vehicles from the streets of Seattle next month and will completely shut down the service by the end of the year. The news was first reported by GeekWire.
Lime has operated a pilot program in
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Read more: Lime is shutting down car rental service, LimePod
Write comment (97 Comments)Wing, the drone delivery company that started its life within the Google X lab before spinning out into its own thing under the Alphabet umbrella, is prepping for takeoff.
The company announced this morning that it’s launching a test program in Virginia with Walgreens, FedEx and local retailer Sugar Magnolia.
As part of the program, Wing will be
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Read more: Wing will test drone delivery in the US with Walgreens and FedEx
Write comment (91 Comments)After a week of launching new services to bring payments giant Stripe into the areas of lending and credit, the company is announcing another big step forward to fuel its growth: it’s raising another $250 million in funding at a pre-money valuation of $35 billion, money to fuel more international expansion, launching more products and targeting l
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Read more: Payments giant Stripe is raising another $250M at a $35B pre-money valuation
Write comment (95 Comments)Of the 1.3 billion people who live in India, more than 100 million of whom are using digital payment apps each day, only about 20 million today invest in mutual funds and stocks. An Indian startup that is betting on changing that figure by courting millennials has just received a big backing.
Groww, a Bangalore-based startup, said today it has
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Read more: Groww, an investment app for millennials in India, raises $21.4M
Write comment (91 Comments)Automattic, the company behind WordPress.com, WooCommerce, Longreads, Simplenote and soon Tumblr, is now worth $3 billion. But its founder and CEO Matt Mullenweg has a bigger goal. He wants to make the web better, more open and diverse.
With the rise of social networks and closed platforms, Automattic’s mission statement has never sounded so
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Read more: How Automattic wants to build the operating system of the web
Write comment (90 Comments)The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here.
1. Automattic raises $300 million at $3 billion valuation from Salesforce Ventures
Automattic, the company behind WordPress.com, WooCommerce and soon Tumblr,
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Read more: Daily Crunch: Automattic raises $300M
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