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YC-backed LemonBox raises $2.5M bringing vitamins to Chinese millennials

Like many overseas Chinese, Derek Weng gets shopping requests from his family and friends whenever he returns to China. Some of the most wanted imported products are maternity items, cosmetics, and vitamin supplements. Many in China still uphold the belief that “imported products are better.” The demand gave Weng a business idea. In 2018, he founded LemonBox to sell American health supplements to Chinese millennials like himself via online channels. The company soon attracted seed funding fro...
Tags: Health, Google, Ecommerce, Y Combinator, Japan, Instagram, China, Funding, America, Tech, Walmart, Alibaba, Silicon Valley, Baidu, Shenzhen, Google Facebook


Health tech venture firm OTV closes new $170 million fund and expands into Asia

OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China to spearhead its growth in the Asia Pacific region. OTV currently has a total of 11 companies in its portfolio. This year, it led rounds in telehealth platforms TytoCare and Lemonaid Health, and its other investments include genomic machine learning platform Emedgene; m...
Tags: Fundings & Exits, Startups, TC, Asia, China, Israel, Tech, Beijing, Asia Pacific, Shanghai, Venture Capital, Health Tech, Digital Health, Shanghai China, OTV, Montreal Before


China's Chang'e 5 Probe Lifts Off From Moon Carrying Lunar Samples

China's Chang'e spacecraft has lifted off from Oceanus Procellarum at 10:10 EST Thursday, carrying with it the first fresh lunar samples since 1976. Space.com reports: Six minutes later, the ascent spacecraft achieved lunar orbit, marking a huge milestone in the Chang'e 5 mission to return lunar samples to Earth. The ascent vehicle's job now is to meet up with the Chang'e 5 orbiter while still circling the moon, and then transfer its precious cargo to a return capsule for the journey home. That ...
Tags: China, Tech, Earth, Chang, Shenzhou, China National Space Administration, Siziwang Banner Inner Mongolia


Henry picks up cash to be a Lambda School for Latin America

Latin America’s startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Now that the spotlight has arrived, those same startups need more talent than ever before to meet demand. That’s where one seed-stage Buenos Aires startup wants to help. Henry has created an online computer science school that trains software developers from low-income backgrounds to understand technical skills and get employed. The company ...
Tags: Fundings & Exits, Startups, Europe, Education, Mexico, China, Tech, United States, Argentina, Isa, Edtech, Latin America, Buenos Aires, Nubank, Henry, Luz


AutoX Becomes China's First To Remove Safety Drivers From Robotaxis

Residents of Shenzhen saw truly driverless cars on the road today. From a report: AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, deployed a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests on public roads without safety drivers or remote operators. The cars, meant as robotaxis, are not yet open to the public, an AutoX spokesperson told TechCrunch. The milestone came just five months after AutoX l...
Tags: California, China, Tech, Beijing, Shanghai, Baidu, Shenzhen, Suzhou, Waymo, Alibaba MediaTek, Shanghai Motors, Shenzhen Pony, Guangzhou Momenta


Genshin Impact Becomes iPhone Game of the Year, Showered With Various Titles

Genshin Impact has been selected as the “iPhone Game of the Year” courtesy of Apple’s App Store, yet another accomplishment of the gacha game that will have many criticizing not only the toxicity of gacha in general but the title’s China-developed origins. The official Twitter account of Genshin Impact delivered the news and thanked consumers: […]
Tags: Apple, Games, China, Awards, Smartphones, Anime, Announcements, RPG, Casuals, Genshin Impact


Amazon’s Lord of the Rings Series Reveals 20 New Cast Members

Amazon’s Lord of the Rings series reveals 20 new cast members Amazon Studios today announces twenty additional cast members joining the ensemble cast of the Amazon Original series based on the iconic The Lord of the Rings novels by J.R.R. Tolkien. The newly revealed cast members, including Abraham Lincoln: Vampire Hunter star Benjamin Walker, will join the previously announced global cast and crew, currently filming in New Zealand. PB = PB || {}; P...
Tags: Apple, Amazon, Hbo, Usa, UK, TV, London, Movies, Nbc, Australia, China, Amc, Neil Gaiman, Stephen King, Syfy, Bbc


Hong Kong media tycoon and pro-democracy figure Jimmy Lai charged with fraud

Lai, whose newspaper Apple daily was raided by police this year, is denied bail until April amid accusations of improper use of his office space Jimmy Lai, the Hong Kong media tycoon and pro-democracy activist whose Apple Daily newspaper was raided by police earlier this year, has been denied bail after being charged with fraud. Lai – the owner of Hong Kong tabloid and founder of Next Digital Media – will be held on remand until his next court date in April next year.Lai has been one of the loud...
Tags: Apple, Hong Kong, China, Asia Pacific, Lai, Apple Daily, Jimmy Lai, Ivan Lam, Joshua Wong Agnes Chow


AutoX becomes China’s first to remove safety drivers from robotaxis

Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests without safety drivers or remote operators on public roads. The cars, meant as robotaxis, are not yet open to the public, an AutoX spokesperson told TechCrunch. The milestone came just five months a...
Tags: Transportation, Asia, California, China, Tech, Artificial Intelligence, Beijing, Automation, Shanghai, Alibaba, Self-driving Cars, Robotics, Shenzhen, Mediatek, Robotaxi, Momenta


Gift Guide: The best books for 2020 recommended by VCs and TechCrunch writers (Part 1)

Welcome to TechCrunch’s 2020 Holiday Gift Guide! Need help with gift ideas? We’re here to help! We’ll be rolling out gift guides from now through the end of December. You can find our other guides right here. This is Part 1 of the Best Books gift guide. Part 2 with even more selections will be posted shortly. 2020 was a tough year for all of us, but a strong one for books (how often do you get to say that?). Sales are up, driven by lockdowns, boredom, and the need for escape. Yet, 2020 also felt...
Tags: Google, Amazon, TC, Spotify, Japan, England, London, Snowden, France, Stanford, Nsa, China, America, Book Review, Tech, Nike


The Marines are getting new boots for fights in freezing temperatures as low as -20 degrees

US Marines hike in Sekiyama, Japan, March 15, 2017. U.S. Marine Corps photo by Sgt. Isaac Ibarra The Marines are getting new cold-weather boots starting early next year, Marine Corps Systems Command announced Tuesday. The new boots will fill a gap in Marine footwear, providing comfort in temperatures ranging from 20 degrees Fahrenheit to -20 degrees Fahrenheit. "In order to effectively conduct your mission in a cold weather environment, you need to be warm," a Marine Corps project officer ...
Tags: Asia, Europe, Boots, Technology, China, Virginia, Russia, US, Trends, Marine, Middle East, Arctic, Marine Corps, Marines, Cold Weather, US Marines


Self-driving trucks startup TuSimple raises $350M from U.S. rail, retail and freight giants

Self-driving trucks startup TuSimple has closed a $350 million funding round from a diverse consortium of strategic investors that include major U.S. corporations in rail, retail and freight,  according to sources familiar with the deal.  The round, which was oversubscribed, was led by VectoIQ LLC, confirming a report by TechCrunch in September. VectoIQ is the consulting and investment company founded by Steve Girsky, the former GM vice chairman, consultant and investor whose special purpo...
Tags: Transportation, Texas, China, Tech, Beijing, Automotive, United States, Arizona, Shanghai, Gm, Autonomous Vehicles, Kroger, Phoenix, Tucson, Ike, Volkswagen AG


Daily Crunch: Salesforce buys Slack for $27.7B

Salesforce announces its acquisition of Slack, Amazon brings the Mac mini to the cloud and Google Maps gets a newsfeed. This is your Daily Crunch for December 1, 2020. The big story: Salesforce buys Slack for $27.7B The acquisition, which was first reported last month, is now official. “This is a match made in heaven,” said Salesforce co-founder and CEO Marc Benioff. “Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the a...
Tags: Facebook, Enterprise, Mac, China, Softbank, Tech, Aws, Salesforce, Google Maps, Amazon Web Services, Slack, Chang, Slack Amazon, VOI, Daily Crunch, Sinch


The Arecibo telescope has collapsed: A look at its 57-year history

The Arecibo Observatory's main telescope collapsed on Tuesday morning.Although officials had been planning to demolish the telescope, the accident marked an unceremonious end to a beloved astronomical tool.The Arecibo radio telescope has facilitated many discoveries in astronomy, including the mapping of near-Earth asteroids and the detection of exoplanets. The Arecibo Observatory in Puerto Rico suffered a fatal blow Tuesday when a 900-ton receiver platform fell into the observatory's iconic 1,...
Tags: Astronomy, Space, Technology, China, Earth, Physics, United States, Innovation, Planets, Mercury, Puerto Rico, The Associated Press, National Science Foundation, Arecibo Observatory, National Air and Space Museum, Arecibo


China's Chang'e 5 Mission Lands on the Moon

China's Chang'e 5 mission, tasked with bringing a sample of lunar dirt back to Earth, successfully landed on the Moon on Tuesday, marking the third time that China has placed a robotic spacecraft on the lunar surface. The lander will soon begin digging up samples of lunar soil, which will be returned to our planet later this month. From a report: Chang'e 5 launched from China's Wenchang Spacecraft Launch Site on November 23rd, flying to space on top of a Long March 5 rocket. It's a complex missi...
Tags: China, Tech, Earth, Chang


Nike, Coca-Cola, and Apple reportedly lobbied to weaken a bill aimed at preventing them from manufacturing products in China using...

Nike, Coca-Cola, and Apple were among the companies that lobbied to weaken a bill aimed at banning US firms from relying on Chinese...
Tags: Apple, China, US, Nike Coca Cola


The splinternet — mankind’s fight over the internet

Is the splinternet coming — or is it already upon us? The splinternet is the idea that the internet “splinters” into several different internets that aren’t connected to each other in any meaningful way. “The splinternet (also referred to as cyber-balkanization or internet balkanization) is a characterization of the Internet as splintering and dividing due to various factors, such as technology, commerce, politics, nationalism, religion, and divergent national interests.” Source: Wikipedia...
Tags: Google, Facebook, Europe, Net Neutrality, Washington, North Korea, Big Data, China, Wikipedia, Russia, US, Trends, Eu, European Union, Pr, Information Technology


10 things in tech you need to know today

Patrick Pleul/picture alliance via Getty Images Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning.Have an Amazon Alexa device? Listen to this update by searching "Business Insider" in your flash briefing settings.And for the biggest stories in politics, sign up here for 10 Things in Politics You Need to Know Today — launching soon!Google's DeepMind solved the protein folding problem. Its AI program AlphaFold can pr...
Tags: Apple, Google, Facebook, Spacex, Fcc, China, US, Trends, Biden, Xinjiang, Greylock, Ftc, Josh Elman, Nordic, Deepmind, Amazon Alexa


China’s tech firms rush to deliver solutions for grocery shopping

Nearly all of China’s largest internet firms have established a presence in online grocery. Just this week, news arrived that Alibaba co-led the $196 million C3 funding round of Nice Tuan, the two-year-old grocery group-buying firm’s fourth round year to date. People in China shop online for almost everything, including groceries. At first, grocery e-commerce appears to have caught on mainly among the digitally-savvy who have grown reliant on the convenience of e-commerce and don’t mind paying a...
Tags: Food, TC, Ecommerce, Asia, China, Funding, America, Tech, E-commerce, Alibaba, Tencent, WeChat, Alibaba Group, Meituan, Grocery Store, Meituan-dianping


Nike, Coca-Cola, and Apple reportedly lobbied to weaken a bill aimed at preventing them from manufacturing products in China using forced Uighur labor

Hong Kong protesters rally in support of Xinjiang Uighurs' human rights in Hong Kong, China, December 22, 2019. REUTERS/Lucy Nicholson Nike, Coca-Cola, and Apple were among the companies that lobbied to weaken a bill aimed at banning US firms from relying on Chinese forced labor, The New York Times reported Sunday. HSBC, American Apparel, and several industry groups also lobbied on the bill, which would ban many goods imported from Xinjiang unless companies prove they weren't made with...
Tags: Apple, Amazon, Hong Kong, Politics, Human Rights, Coca Cola, Washington Post, Senate, China, US, Trends, Nike, House, New York Times, The Times, Retail


Australia Demands Apology From China After Fake Image of Soldier Posted On Social Media

hackingbear writes: Australian Prime Minister Scott Morrison demanded an apology after a senior Chinese official posted a "fake image" of an Australian soldier holding a knife with blood on it to the throat of an Afghan child, calling it "truly repugnant" and demanding it be taken down. The Australian government has asked Twitter to remove the image, posted on Monday by China's foreign ministry spokesman Zhao Lijian on his official Twitter account, Morrison said. "It is utterly outrageous and ca...
Tags: Australia, China, Social Media, Tech, Afghanistan, Scott Morrison, Weibo, Morrison, Zhao, Zhao Lijian, Wuhe Qilin, Hua Chunying China


E-COMMERCE ENTREPRENEURSHIP: How to make six figures selling products online through dropshipping

Samantha Lee/Business Insider E-commerce is a growing sector of retail, as well as a burgeoning market for individuals looking to make money by selling products online. Dropshipping is a form of e-commerce selling in which the seller doesn't have to invest in inventory, so the start-up costs are low. Dropshipping can be done from anywhere, as a side-hustle or a full-time career. Business Insider has spoken to and vetted various e-commerce experts to put together a list of resources for pe...
Tags: Google, Amazon, Facebook, Nordstrom, China, US, Trends, Alibaba, Steve, Shopify, Kohl, Neil Patel, Patel, Samantha Lee, Evan Tan, Sattar


The Station: COVID’s effect on car ownership

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. For all my American readers, I hope you’re happy and satiated from the Thanksgiving holiday in this oddest of years. My hope for all Station readers, no matter where you reside, is a safe and hea...
Tags: MetroMile, Transportation, Elon Musk, California, China, Germany, India, Softbank, Toronto, San Francisco, Tech, Tesla, Canada, Automotive, Ford, Italy


Apple Preparing to Open Second Retail Store in South Korea

Apple is preparing to open a new retail store in Yeouido, South Korea. The store will be Apple's second retail location in the country. Apple Yeouido will be located in the IFC Mall, which is in Seoul's financial district by the Han River. Apple has shared wallpapers and an animation on its website to announce the opening of Apple Yeouido. Apple's first retail store in South Korea, Apple Garosugil, opened in 2018 in Seoul's Gangnam area. Apple Garosugil was the first Apple Store outside Chin...
Tags: Apple, South Korea, China, Samsung, Retail, Seoul, Apple Retail, Gangnam, IFC Mall, Garosugil, Yeouido South Korea, Han River Apple, South Korea Apple Garosugil, The Korea Herald Native


Equity Monday: HungryPanda raises $70M, trade tensions, and cross-border VC

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here — and don’t forget to check out last Thursday’s edtech deep dive from our own Natasha Mascarenhas. ...
Tags: Apple, Fundings & Exits, Startups, UK, Etsy, Australia, China, India, America, Tech, Zappos, Huawei, Equity, Tony Hsieh, Primer, Firstminute Capital


Avow Announces Key Partnership with Xiaomi Mi Ads

Empowering mobile growth marketers to access alternative advertising inventory BERLIN & SAN FRANCISCO — Avow, the global app growth company, specializing in alternative app store inventory, announced today its partnership with global mobile tech pioneer Xiaomi. With this announcement, Avow becomes a key marketing partner of Xiaomi outside China. “We are excited to have Avow […] The post appeared first on Ad Tech Daily.
Tags: China, Advertising, Mobile Marketing, Xiaomi, Press Releases, Mobile Advertising, Digital Marketing, Berlin San Francisco, Ad & Media Strategies, Digital Intelligence, App Growth, Avow


Gartner: Q3 smartphone sales down 5.7% to 366M, slicing Covid-19 declines in Q1, Q2

We are now into the all-important holiday sales period, and new numbers from Gartner point to some recovery underway for the smartphone market as vendors roll out a raft of new 5G handsets. Q3 smartphone figures from the analysts published today showed that smartphone unit sales were 366 million units, a decline of 5.7% globally compared to the same period last year. Yes, it’s a drop; but it is still a clear improvement on the first half of this year, when sales slumped by 20% in each quarter, d...
Tags: Apple, Startups, Mobile, UK, China, US, Samsung, Smartphones, Asia Pacific, Xiaomi, Gartner, Brazil, Huawei, Latin America, Idc, Holiday Sales


Bloomberg Columnist: Bitcoin is Part of a Real Monetary Revolution

In an eloquent essay, Scottish-American historian Niall Ferguson argues that "We are living through a monetary revolution so multifaceted that few of us comprehend its full extent." The technological transformation of the internet is driving this revolution. The pandemic of 2020 has accelerated it... Covid-19 has been good for Bitcoin and for cryptocurrency generally. First, the pandemic accelerated our advance into a more digital word: What might have taken 10 years has been achieved in 10 ...
Tags: Amazon, China, San Francisco, Tech, Bloomberg, Joe Biden, Paypal, Bitcoin, Xi Jinping, Jeff Bezos, Niall Ferguson, Ken Rogoff, MicroStrategy, Michael Saylor


The Trump administration will add SMIC, China’s largest chipmaker, to its defense blacklist: report

SMIC, one of largest chip makers in the world, is among several companies that the Department of Defense plans to designate as being owned or controlled by the Chinese military, reports Reuters. Earlier this month, President Donald Trump signed an executive order, set to go into effect on January 11, that would bar U.S. investors from buying securities from companies on the defense blacklist. In a statement to Reuters, SMIC said it continues “to engage constructively and openly with the U.S. gov...
Tags: TC, Asia, China, Tech, Department Of Defense, Joe Biden, Biden, Donald Trump, Huawei, Texas Instruments, U.s. Government, Nyse, Trump, Semiconductors, Reuters, SMIC


This Week in Apps: Snapchat clones TikTok, India bans 43 Chinese apps, more data on App Store commission changes

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest in mobile OS news, mobile applications, and the overall app economy. The app industry is as hot as ever, with  204 billion downloads and $120 billion in consumer spending in 2019. People now spend three hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re also a big business. In 2019, mobile-first companies had a  $544 billion valuation, 6.5x higher than those wi...
Tags: Apple, Google, Mobile, Facebook, Apps, Microsoft, Washington, China, India, Samsung, Tech, Paypal, Developers, Snapchat, Nintendo, Microsoft Office



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