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China’s second largest e-commerce firm just showed Alibaba has competition

 Alibaba invented China’s biggest shopping day — 11/11 aka Single’s Day — and it dominates the headlines with record sales year-on-year, but another company just stepped out to remind us that others are busy trying to close the gap. JD.com, the perennial challenger to Alibaba’s e-commerce empire in China, just revealed its 11/11 figures for the […]

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Crunch Report | Musical.ly to sell for at least $800 million

Today’s Stories China’s Toutiao is buying Musical.ly in a deal worth $800M-$1B Uber loses UK tribunal appeal over driver employment rights Uber ‘Express POOL’ offers the cheapest fare if you’ll walk a little Facebook relaunches Events app as Facebook Local, adds bars and food Credits Written by: MRD Hosted by: MRD Filmed by: Chris Gates Edited by: Chris Gates […]

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Bike-share platform Spin poaches Seattle transit regulator and launches in a dozen new cities

 Spin, one of several bike-sharing companies now vying for dominance in a number of U.S. cities, has a new weapon to wield against its competitors: Kyle Rowe, the architect of Seattle’s permissive and apparently successful bike-share permit system, who is joining the company to work on government partnerships. In addition, Spin is gearing up to […]

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