Techmeme

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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
New York Times:
Profile of Kirsten Green, who never worked at a VC firm before founding Forerunner Ventures in 2012, and has backed Dollar Shave Club and Jet.com   —  SAN FRANCISCO — Kirsten Green had only dabbled in investing in start-ups before she began a venture capital fund in 2012.
Mar 27, 2017, 10:55 AMIn context
Christopher Mims / Wall Street Journal:
Behind the Amazon Marketplace, where top third-party sellers compete using rules-based algorithms and AI, adjusting prices sometimes thousands of times each day   —  Beneath the placid surface of product pages lies an unseen world of bots, algorithms, flash crashes and fierce competition.
Mar 26, 2017, 7:00 PMIn context
Bloomberg:
Sources: Uber denied recruiters access to its demographic data, hindering its diversity efforts, and plans release of its first diversity report next week   —  Under pressure from harassment and sexism allegations, the ride-hailing giant is rethinking its approach to hiring.  —  by
Mar 24, 2017, 9:55 PMIn context
Anthony Ha / TechCrunch:
Zenreach raises $30M Series C from Founder's Fund, Bain Capital, others to help businesses build their databases of customers by providing free WiFi   —  Zenreach is announcing that it has raised $30 million in Series C funding.  —  The round comes from venture capital firms like Maverick Ventures …
Mar 23, 2017, 3:45 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
TechCrunch:
The 52 startups that launched at Y Combinator Winter 2017 Demo Day 1   —  Josh Constine, Ryan Lawler and Sarah Buhr  —  Today was Y Combinator's 24th Demo Day, where the accelerator shows off its fresh companies to investors.  International, AI, and hardware products were the emergent themes of the 52 companies that launched.
Mar 21, 2017, 2:15 AMIn context
Ben Fox Rubin / CNET:
eBay announces 3-day guaranteed-delivery program for 20M+ items, rolling out in US this summer   —  The e-retailer introduced a three-day Guaranteed Delivery program, heating up the battle over quicker shipping.  —  Fast shipping is — finally — no longer all about Amazon.
Mar 20, 2017, 3:15 PMIn context
Stephen M. Baldwin / Fortune:
Behind Shopify, which powers ~400K online stores for individuals and brands where more than 100M people shopped in 2016   —  From the -unlikely setting of Ottawa, Shopify has -quietly been powering an e-commerce revolution.  —  Shopify has done a pretty good job hiding itself from the world.
Mar 19, 2017, 8:05 PMIn context
Liza Mundy / The Atlantic:
Efforts to tackle Silicon Valley's sexist culture, including unconscious bias training, are helping but need to go further to break apart the “boys' club”   —  One weekday morning in 2007, Bethanye Blount came into work early to interview a job applicant.
Mar 14, 2017, 4:25 PMIn context

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