[ad_1] Fashion items are among the most — if not the most — sought after on many e-commerce platforms. In Africa, for instance, fashion has held the top spot in Jumia for the largest category of items sold over the years. This means there’s no shortage of demand for fashion items across the continent, and the supply is picking up steam even in the high-end categories. The luxury goods market in Africa and the Middle…
"Jendaya raises funding to scale its Africa-focused luxury e-commerce platform • TechCrunch"Tag: TechCrunch
[ad_1] India surpassed North America to take the top global spot in the smartwatch market in the quarter that ended in September, according to a report from market research player Counterpoint. The festival sales and proliferation of affordable smartwatches helped grew the local market by 171% year-on-year. The affordable smartwatch models getting bigger displays and adding features such as Bluetooth calling were key selling factors in India during the festival sales, Hong Kong-headquartered Counterpoint said.…
"India pips North America to become the biggest smartwatch market • TechCrunch"
[ad_1] South Korean prosecutors have refuted Do Kwon’s claim from over the weekend that he is not on the run and asked Interpol to issue a red notice against the Terraform Labs’ co-founder, escalating the publicly playing out drama following the $40 billion wipeout on his cryptocurrency startup in May this year. The Seoul Southern District Prosecutor’s Office said that Kwon was not cooperating with the investigation and had told them (through his lawyer last…
"South Korean prosecutors say Do Kwon ‘obviously on the run’, ask Interpol to issue red notice • TechCrunch"
[ad_1] To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT (except today because of the breaking Musk news!), subscribe here. Jet-lagged and post-COVID-fatigued, Haje is back, joining Christine to bring you fine morsels of tech news in this very newsletter. Also, hearsay (and the calendar) suggests that it might be Friday. If that almost unverifiable rumor is, in fact, true, then have a…
"Musk wants out of his $44B Twitter deal – TechCrunch"
[ad_1] Ben Franklin once famously said that in this world nothing can be said to be certain, except death and taxes. But that doesn’t make dealing with either particularly natural and easy. Tech is rushing in to fill that gap, and today a Berlin-based startup called Taxfix, which has built a popular mobile assistant to address the former of these, is announcing a big round of funding to fuel its growth. It has closed a…
"Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation – TechCrunch"
[ad_1] Alexis Ohanian, Reddit cofounder, venture capitalist, and enthusiastic Twitter user, quietly announced a new initiative last week out of his venture firm, Seven Seven Six (776): the 776 Titans Fund. The new fund, as the firm describes it, plans to “focus on emerging managers, each with their own influential distribution channels and unique operational experience in backing start-up ventures.” The firm added in a statement that each fund will operate independently and will receive…
"Alexis Ohanian on his plan to back more emerging managers – TechCrunch"
[ad_1] Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports. App Annie says global spending across iOS, Google Play and third-party Android app stores in China…
"Open App Markets Act, Facebook loses daily users, Snap turns a profit"