Korean grocery startup Kurly raises $150M

Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be heading to an acquisition. Sequoia Capital, Hillhouse Capital and Digital Sky Technologies invested in the Korean startup’s Series E financing round, which according to news outlet […]

American stocks rally sharply on COVID-19 optimism as earnings loom

Stocks rallied Monday, with all major indices snapping back into positive territories as investors seized on any positive developments in the fight to mitigate the spread of COVID-19, the disease caused by coronavirus. The stock market is, of course, not the economy. And this is likely a dead cat bounce — a temporary recovery after […]

COVID-19 crisis spurs triple-digit growth for refurbishing startup Back Market

“The U.S. and Germany are pushing the growth,” says CEO Thibaud Hug de Larauze. “They are the main two drivers of the boom of Back Market.”

Amazon considering COVID-19 tests for its warehouse workers, report claims

The company has reportedly been in contact with two firms that make testing kits

Spotify Was The Largest Music Streaming Service For 2019

When it comes to music streaming services, it’s no secret that Spotify is still pretty much leading the way. Now according to the latest figures from Counterpoint Research, it seems that Spotify is still pretty much holding onto its position as b…