December 20, 20210CommentsTaptap Send, which provides cross-border remittances for underserved markets, raises a $65M Series B led by Spark Capital, following a $13.4M Series A in June (Ingrid Lunden/TechCrunch)
December 20, 20210CommentsLeaked docs: Facebook has not developed Finnish-language automated moderation for hate speech and other content, and employs just 11 moderators based in Berlin (YLE)
December 20, 20210CommentsSpotify, Meta, and Netflix find Gen Z elusive in a way TikTok never has; Spotify says its Blend playlist feature is mostly used by Gen Z (Lucas Shaw/Bloomberg)
December 20, 20210CommentsCars 24, an India-based marketplace for used cars, raises a $400M Series G, including $100M debt and $300M equity, led by Alpha Wave Global at a $3.3B valuation (Ingrid Lunden/TechCrunch)
December 20, 20210CommentsMicrosoft’s Phil Spencer says the success and growth of games like Minecraft show the ingredients required for the metaverse to shed its dystopian roots (Nick Statt/Protocol)
December 20, 20210CommentsBangalore-based Razorpay, a top payment processor in India whose products resemble Stripe’s, raises a $375M Series F at a $7.5B valuation, up from $3B in April (Manish Singh/TechCrunch)
December 20, 20210CommentsChinese AI company SenseTime, which focuses on computer vision, relaunches its $767M Hong Kong IPO, a week after the US investor ban and pulling the IPO listing (Scott Murdoch/Reuters)
December 20, 20210CommentsSources estimate ~20% of the world’s bitcoin miners remain in China, moving operations underground and evading detection after the country’s crypto mining ban (MacKenzie Sigalos/CNBC)
December 20, 20210CommentsSouth Korea-based online grocery startup Kurly, which says it plans to IPO in H1 2022 at a ~$5.8B valuation, raises $210M at a $3.3B valuation (Kate Park/TechCrunch)