Pinduoduo sold RMB 65 billion in goods from anti-poverty program in 2018

Chinese social e-commerce platform Pinduoduo said on Tuesday that it earned sales revenue of more than RMB 65 billion (around $9.7 billion) in 2018 from a special program that sells farm produce from poverty-stricken regions. The report on the program is a timely response to announcements made during the central government’s annual Two Sessions meetings, promoting new […]

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Online bank Chime now valued at $1.5 billion after new funding round

Digital bank Chime has tripled its valuation, officially passing the $1 billion-mark this week. The San Francisco-based company announced a $200 million Series D financing round that brings its new valuation to $1.5 billion. Investors were led by DST Global, which also participated in earlier fundraising rounds, and new investors Coatue, General Atlantic, Iconiq Capital […]

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Denis Barrier on globalization

Denis Barrier is a global investor and an amazing guy. His firm invests in the US, Europe, and Asia and we talked about our borderless future and how to spot innovation before it takes off. […]

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Trifacta Triples User Base And More Than Doubles Cloud-Based Revenue in 2018

Trifacta, Inc., the global leader in data preparation, today announced another year of significant growth. Fiscal year 2019, which ended January 31, saw annual recurring revenue (ARR) grow by over 85 percent with accelerated growth of more than 2x in cloud-based revenue as result of strong customer wins globally, continued industry recognition as the leader in […]

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