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The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving their orders within a matter of hours after making their purchases, a source familiar with the matter told TechCrunch. The firm, majorly owned by Walmart, plans to make the instant-delivery service available in select […]
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Storied venture capital firm Sequoia Capital announced today that leader Doug Leone would be stepping aside from his role as “Senior Steward” to be replaced with Roelof Botha, managing partner of Sequoia’s U.S. and Europe operations. Leone, the global managing partner of Sequoia Capital, wrote in a letter published on Twitter that he will remain […]
Google sees augmented reality (AR) as a new, potentially quite effective advertising medium. Today, the search giant announced the launch of AR Beauty ads, a new smartphone ad type that allows brands to promote lip and eye products (and soon foundation…
Abu Dhabi Investment Authority is backing the Indian social commerce startup DealShare, the two said Thursday, joining a roster of marquee investors doubling down on India’s fast-growing e-commerce market. A wholly-owned subsidiary of Emirates’ sovereign wealth fund is investing $45 million in DealShare, extending the size of the Jaipur-headquartered startup’s recently unveiled Series E financing […]