TechCrunch: Amazon China to close local marketplace and place more focus on cross-border

Amazon has finally given up the fight with Chinese online shopping giants to capture the domestic market. On Thursday, the Seattle-based ecommerce company announced it will shut down its marketplace on Amazon.cn, which connects mainland Chinese buyers and sellers, while…

TechCrunch: Snap is channeling Asia’s messaging giants with its move into gaming

Snap is taking a leaf out of the Asian messaging app playbook as its social messaging service enters a new era. The company unveiled a series of new strategies that are aimed at breathing fresh life into the service which…

TechCrunch: Crypto exchange Liquid says it is now valued at over $1 billion following new investment

Crypto has a new unicorn after exchange Liquid announced today it has raised capital from investors at a valuation of more than $1 billion as it goes after expansion opportunities. The company said the capital will be put to work…

TechCrunch: Asia’s AnyMind pulls in another $8M and expands into outdoor advertising

Asia-focused marketing startup AnyMind Group has landed a further $8 million in funding to close out its Series B round and expand into new verticals. The company announced a $13.4 million raise back in November, but that has now expanded…

TechCrunch: Toyota doubles down on Nvidia tech for self-driving cars

Toyota is deepening its relationship with Nvidia as the automaker, and its research arms in Japan and the U.S., ramps up its autonomous vehicle development program. Nvidia CEO Jensen Huang announced Monday during his keynote at the 2019 GPU Technology…