Author: pekandesigns

Korean e-commerce giant Coupang has a new chief financial officer. The company announced today that it has hired Alberto Fornaro, who previously served the same role at International Gaming Technology (IGT PLC), the multinational gaming machine company. Fornaro succeeds Richard Song, who joined Coupang in 2011 and is retiring. Coupang is Korea’s largest e-commerce platform. […]

In a year-end retrospective released this morning, Reddit says its user base grew 30% this year to reach 430 million monthly active users, as of the end of October. Its users also contributed 199 million posts, 1.7 billion comments, and 32 billion upvotes, the company says. Last year, Reddit reported 330 million monthly active users […]

Enterprise AI company Dataiku has announced some changes in its capitalization table. CapitalG (formerly Google Capital), Alphabet’s growth equity investment fund, is investing in the startup by buying out some of Serena Capital’s shares. Serena Capital has been an investor in Dataiku since 2014. “Serena was looking for a bit of liquidity. They invested in […]

May Mobility, a Michigan-based startup that is operating autonomous shuttle services in three U.S. cities, has has raised $50 million in a Series B round led by Toyota Motor Corp. The funding, which comes less than a year after May Mobility raised $22 million, will be used to expand every aspect of the company, including […]

Kustomer, a CRM startup that’s taking on the likes of Zendesk, Salesforce, and many other bigger and older providers, has closed yet another round of funding — no less than its third fundraise of the year — as it continues to double down on its new approach to managing customers in today’s digital world. The […]

A lot of companies talk about the value of your data, and about helping you get more control over the information you share, but Toronto-based Delphia is unique in aiming to build a viable, sustainable and scalable way to take a person’s data and turn that into real monetary gain. It’s not aiming to do […]

Plex today is launching its own ad-supported streaming service, a rival to The Roku Channel, Tubi, Crackle, Vudu’s Movies on Us, and others that offer a way to stream movies and TV for free without a subscription. The service will feature several thousand movies and shows from studios like MGM, Warner Bros. Domestic Television Distribution, […]

Pandora’s redesigned mobile app experience is today available to all users, following a limited rollout that began in October. The update expands on Pandora’s personalization capabilities with the addition of a new “For You” tab offering an entirely unique experience for each Pandora user, along with more station customization features, and other changes. Pandora hopes […]

Flow, a startup that helps brands and retailers build a cross-border e-commerce business, has raised $37 million in Series B funding. CEO Rob Keve said that thanks to the magic of social media and digital marketing, many direct-to-consumer brands are reaching consumers around the world. However, the actual shopping experience for those consumers often leaves […]