Author: pekandesigns

Ad measurement company DoubleVerify announced this morning that it has a new CEO: Mark Zagorski, who was most recently president and COO of adtech company Rubicon Project. DoubleVerify’s previous CEO Wayne Gattinella stepped down earlier this year following a troubling New York Post report claiming that he had been engaged in an extramarital affair with […]

Tesla said Thursday that it delivered 90,650 vehicles in the second quarter, a 4.8% decline from the same period last year prompted by challenges caused by the COVID-19 pandemic that included suspending production for weeks at its main U.S. factory. Tesla still managed to beat expectations despite the headwinds. The vast majority of deliveries — […]

Palantir, the sometimes controversial, but always secretive, big data and analytics provider that works with governments and other public and private organizations to power national security, health and a variety of other services, has reportedly been eyeing a public listing this autumn. But in the meantime it’s also continuing to push ahead in the private […]

In Indonesia, there are about 60 million “micro-merchants,” typically small store owners who sell food and other staple items, and have close relationships with their customers. Many often extend informal lines of credit to shoppers, but much of their financial tracking is still done with pen and paper ledgers. Chinmay Chauhan and Abhinay Peddisetty, the […]

Ahead of its expected IPO pricing later today, SoftBank -backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now intends to sell its equity for $26 to $28 per share. The Exchange is a daily look at startups and the private markets […]

A few months back, Google announced plans to reopen some U.S. offices after the July 4th holiday. But the best-laid plans, and all of that. Things have obviously not been going great in terms of the United States’ battle with COVID-19, and Google once again finds itself proceeding on the side of caution. As was […]

Jüsto, the Mexico City-based, delivery-only grocery store chain, has raised another $12 million in financing as it looks to expand its now pandemically relevant business of “dark stores” across the country. The COVID-19 pandemic is changing consumer habits and increasing the use of delivery services across the world, and consumers in Mexico are no different. […]

“The Moving Forward Act reads like a $1.5 trillion validation of our fund’s thesis — that upgrading cities and related infrastructure is key to fighting the existential threat of climate change and improving lives,” said Stonly Baptiste, co-founder and partner at venture capital fund Urban Us. Democrats in Congress are wrestling with the twin problems […]