Lyft’s imminent IPO could value the company at $23B

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Lyft’s imminent IPO could value the company at $23BRidehailing firm Lyft will make its Nasdaq debut as early as next week at a valuation of up to $23 billion, The Wall Street Journal reports. The business will reportedly price its shares at between $62 and $68 apiece, raising roughly $2 billion in the process. With […]

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in AustinWelcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. We love the reader feedback. Keep it coming. Never heard of TechCrunch’s Transportation Weekly? Catch up by reading the first edition here. As I’ve written before, consider this […]

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To get big faster, younger unicorns start buying startups sooner

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To get big faster, younger unicorns start buying startups soonerIn the name of getting big quick, it seems like some of the most valuable private tech companies are turning to mergers and acquisitions (M&A) as a way to accelerate business growth. So-called “unicorns”—privately-held technology companies which achieve billion-dollar valuations sometime before (or as a direct […]

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These are the robots that help you get your Amazon packages on time

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These are the robots that help you get your Amazon packages on timeMonths before the hard-fought battle for its second global headquarters in Queens, Amazon planted a massive, 855,000-square-foot flag in Staten Island. The $100 million JFK8 fulfillment center opened last fall, after an “on the spot” hiring spree, aimed at employing an eventual 2,250 […]

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Nala has built a hassle-free, offline mobile money payment platform for Africa

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Nala has built a hassle-free, offline mobile money payment platform for AfricaBenjamin Fernandes, the Tanzanian co-founder chief executive of Nala, spent hundreds of hours talking to local Tanzanians about their frustrations with mobile money payment services before he launched his new payment platform. While at least a hundred million Africans hold mobile money accounts, the […]

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