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Ingrid Lunden / TechCrunch:
Amazon confirms acquisition of Dubai-based e-commerce site Souq.com in deal that sources said was valued at around $650M   —  Amazon today confirmed that it has acquired Souq.com, an e-commerce marketplace serving the Middle East based out of Dubai, which was already commonly described as “the Amazon of the Middle East.”
Mar 28, 2017, 5:30 AMIn context
Ingrid Lunden / TechCrunch:
Google is working on a new social app for small groups to edit photos together   —  While Google continues to add more features to its two social communication apps Allo and Duo, TechCrunch has learned that it has quietly been working on least one more social app.
Mar 25, 2017, 10:00 PMIn context
TechCrunch:
Sources: Amazon has finalized a deal to acquire Middle Eastern rival Souq.com for $650M, below its $1B valuation from February 2016   —  Mar 23, 2017, 8:48 amMar 23, 2017, 9:50 am  —  Amazon continues its march across the globe, and one of its newest targets is the Middle East.
Mar 23, 2017, 12:00 PMIn context
Ingrid Lunden / TechCrunch:
Universe, a mobile-only website builder, launches an iOS app and announces $3.2M in funding led by Box Group   —  The business of platforms for developing websites and publishing online is a crowded one, with established players like WordPress, Wix, Zoho, Weebly, Duda Mobile and Squarespace competing …
Mar 22, 2017, 7:40 PMIn context
Ingrid Lunden / TechCrunch:
Reddit to introduce user profiles, let users post directly to their profiles and follow other users' pages; feature debuts with three high-profile users   —  Reddit has been trying to make its site more accessible to a wider pool of users, and today the company is planning to show off …
Mar 21, 2017, 11:50 AMIn context
Ingrid Lunden / TechCrunch:
Alexa now takes orders from Amazon's instant Prime Now and alcohol delivery services   —  After embedding its Alexa voice assistant into its main Amazon app last week, this week Amazon is expanding Alexa's functionality yet again: today the company announced that it will now let Prime subscribers order …
Mar 21, 2017, 10:55 AMIn context
Ingrid Lunden / TechCrunch:
After raising $72M, Sirin Labs sold just under $10M of its $14K+ Solarin secure smartphones, now plans to pivot with $20M in the bank, laying off ~30 people   —  So much for super-private, high-end phones for the super-rich?  Sirin Labs, the startup that makes the Solarin …
Mar 15, 2017, 4:45 PMIn context
TechCrunch:
Amazon acquires meeting productivity startup Do.com, plans to integrate it into Chime, its new conferencing tool for businesses   —  Mar 8, 2017, 3:05 amMar 8, 2017, 7:51 am  —  Amazon has quietly made one more acquisition to build out the productivity services on its cloud platform AWS.
Mar 9, 2017, 8:35 AMIn context
Ingrid Lunden / TechCrunch:
Veem, formerly Align Commerce, raises $24M round led by National Australia Bank (NAB) Ventures, for faster and cheaper remittance services for SMBs   —  Remittances — the business of money transfers — is a fragmented and huge market, currently estimated to be worth some $25 trillion annually.
Mar 9, 2017, 12:20 AMIn context
Ingrid Lunden / TechCrunch:
Giphy quietly acquired imoji last year to build out its emoji and sticker business   —  Last week, GIF-finding platform Giphy revealed a new line of business offering artist-created stickers in Apple's iMessage app.  But what it didn't announce was that it also made an acquisition to bolster this new sticker strategy.
Mar 7, 2017, 4:55 PMIn context

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