Google is rolling out changes designed to further integrate its Gmail and Google+ platforms. The updates make it easier for Google+ users ...
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After what looked like a messy boardroom fallout, which in turn saw founder and then CEO Wladimir Baranoff-Rossine win his case for “constructive” dismissal, we appear to finally have closure on this chapter of the MobiCart story. The UK m-commerce startup has announced that it’s received investment — first touted as an acquisition but now being billed as “restructuring” — by Asian incubator Get2Volume.
The move will also see the company relocate to Singapore, where its new investor is based, while Get2Volume’s Claire Mula and Geogy Zachariah will now head up MobiCart’s product execution, and technology, respectively.
Mula and Zachariah previously built Mobicart partner company Sprooki, which is described as providing Asia’s largest malls and leading retailers with a white-label location-based retail system to help them win more customers.
MobiCart says it’s also bolstered customer support — good news for the companies that rely on its m-commerce app building solution, after that element of the startup went a tad wobbly in the midst of founder Baranoff-Rossine leaving.
MobiCart is a platform that enables businesses to build and manage an m-commerce store, either as a native app for Android or iOS, or as a HTML5-based Web app. Apps created by MobiCart can operate standalone or tie into an online retailer’s existing website. Along with its storefront-builder, the MobiCart platform is underpinned by an ecosystem for extensions written by third-parties.
One of its most direct competitors is Germany and Palo Alto-based Shopgate. In a further twist to the MobiCart story, after winning his case against the company he founded, covered first here on TechCrunch, Baranoff-Rossine was recruited by Shopgate as its COO, a role he currently holds.
Prior to funding from Get2Volume, MobiCart had raised almost $1 million from Northstar Ventures-managed Finance for Business North East Proof of Concept Fund, and the Yorkshire Association of Business Angels, as well as receiving backing Baranoff-Rossine.
After what looked like a messy boardroom fallout , which in turn saw founder and then CEO Wladimir Baranoff-Rossine win his case for “constr...
Taxi drivers attacked an Uber car while protesting near Charles-de-Gaulle Airport earlier today — the protesters smashed a window, damaged the car hood and slashed a tire. Rude Baguette first spotted the attack on Twitter. We also confirmed with the passengers and Uber that the incident is very real. Nobody got hurt, but the attack was very violent.
Eventbrite co-founder and CTO Renaud Visage, and Five by Five co-founder Kat Borlongan were the two passengers.
“We are more shaken up than hurt,” Visage told me. “We are still in shock because of how violent the attack was.”
This morning, hundreds of taxi drivers were protesting near Paris airports against urban transportation services, such as Uber, LeCab, Chauffeur-Privé, Drive, Snapcar and Allocab. They demand a series of laws due to unfair competition — in France, you have to pay a hefty price to get your taxi license. According to them, being a black car driver is much more lucrative than being a taxi driver, and the government should address that.
“We were on a freeway with cabs parked on the left, blocking the roads. And on the right, there were a few cops,” Borlongan told me. “They made roadblocks and only targeted transportation service cars like the Uber car we were in,” Visage said.
When the Uber car came close to the taxi drivers, they started throwing paint at the car and tried to open a door. “Luckily, the driver had locked the doors,” Visage said. Yet, they still smashed a window in order to grab the passengers. Protesters stopped other black cars too, but it is unclear whether the other incidents were as violent.
A couple of miles later, the car had to stop because one tire was slashed in the attack. The driver changed the flat tire so he could safely drive the two passengers to Paris.
Attackers tried to get in the car but our brave @uber driver maneuvered us to safety, changed the tire on the freeway and got us home.—
Kat Borlongan (@KatBorlongan) January 13, 2014
This incident is significant as it shows the influence of cab drivers in France. They wanted to show everyone that they can still block two airports in an act of protest, in a very French way — but they went too far today.
While customers can’t hail transportation companies in the street or at airports, cab drivers still think it’s unfair that you can instantly order a car from your phone. It certainly makes those new services act like taxi services.
That’s why the government recently passed a decree to help cab drivers. Urban transportation startups now have to wait 15 minutes before picking a customer up. But cab drivers still think that it’s not enough. They want a 30-minute delay, minimum fares of $82 (€60) and a driver recruitment ban. Taxi drivers are demanding other changes unrelated to urban transportation services as well, including a sales tax reduction and better deals with hospitals.
In other words, the French government already caved by creating this new 15-minute rule. Will it cave again? It can go either way. But there’s only one sure thing: cab drivers are slowly but surely discrediting themselves by being greedy.
Uber’s France GM Pierre-Dimitri Gore-Coty sent me the following statement:
Uber strongly condemns this morning’s incident where two Uber users and their driver were confronted with severe violence.
First, we are very glad all involved are safe and ok. Also, we would like to praise our partner who has shown great courage and professionalism and focused on getting his customers out of a very challenging situation.
That the taxis chose to use violence is unacceptable, that they chose to strike is their business. However, Parisians also have a choice when it comes to moving around in their city, and today’s incident will certainly not tempt Parisians into choosing a taxi for their next ride. Safety, reliability and choice, not violence, are what continues to draw customers towards VTCs.
Visage’s tweet:
Attaqué par les taxis parisiens ce matin dans notre @Uber: jet de pierre, vitre arrière brisée, pneu creuvé, crachats http://t.co/N9UMO248Yw—
Renaud Visage (@renaudvisage) January 13, 2014
(Photo credit: Maxime Bonzi)
Taxi drivers attacked an Uber car while protesting near Charles-de-Gaulle Airport earlier today — the protesters smashed a window, damaged t...
Turn, which describes itself as a “post-ad-tech” company, is announcing that it has raised $80 million in Series E funding, bringing its total investment to more than $135 million.
The round was led by unidentified investors (Turn said they’re “two of the world’s largest investment firms”) with participation from new backers ClearBridge Investments, Firsthand Technology Value Fund, Northport Investments, and Pine River Capital Management, as well as previous investors Norwest Venture Partners, Trident Capital, Shasta Ventures, and Focus Ventures.
In November, AdExchanger reported that Turn was raising a round at a valuation of “up to $700 million” in preparation for an initial public offering this year. (2013 started out as a fairly lackluster year for ad-tech companies going public, but things picked up with the Rocket Fuel IPO and others.)
Turn CEO Bill Demas declined to comment on the valuation, and as for a possible IPO, he said, “I don’t have a crystal ball. Our focus is on building a great company. Obviously, a fund raise like this allows us to have more flexibility about when we go public.”
The company serves as both demand-side platform (allowing ad buyers to manage multiple ad exchanges and data sources in one place) and data management platform (allowing those buyers to use their data to target audiences). The company says it was EBITDA positive for 2013 (so it saw positive income before taxes, depreciation, and amortization) and now has 350 employees across five continents. It also says it delivers more than 1.5 trillion ads each month.
Demas said his goals for 2014 include further investment in Turn’s machine learning algorithms and in its DSP and DMP products, as well as continued global expansion (Turn recently launched in Brazil and Japan). He also predicted that the company’s “programmatic premium” (automated buying of premium ad inventory) business will continue to grow.
“When we think about post-ad-tech, we mean that the marketing world is moving much more towards an enterprise software and services model,” Demas added. “Where [the industry is] coming from is heavy arbitrage, lack of transparency, minimal true technology, and we’re evolving that to a world of full transparency and empowerment of the marketer.”
Turn , which describes itself as a “post-ad-tech” company, is announcing that it has raised $80 million in Series E funding, bringing its to...
After my Belize retirement update appeared last week, a number of things happened. Most initially were rather painful, but eventually I wa...
Wandoujia, one of China’s largest mobile app distribution platforms with 300 million users, announced today that it has raised $120 million in funding led by SoftBank Corp. Other investors participating in this round include existing Wandoujia investors DCM and Innovation Works Development Fund (IWDF). In a statement, Wandoujia CEO Junyu Wang said that the funding will be used “to accelerate our growth and more openly serve developers and the entire ecosystem by developing technology and innovation in mobile search.”
The size of Wandoujia’s latest round makes it the latest piece of high-profile news to emerge from China’s increasingly lucrative app ecosystem, which was worth $1.2 billion last year according to an estimate by CocoaChina, a Beijing-based mobile game developer and publisher. In July, Android app marketplace 91 Wireless was purchased for $1.9 billion by Baidu, the largest acquisition by a Chinese Internet company so far.
There are more than 200 app stores in China because Google Play isn’t widely available there. Wandoujia has taken several steps to differentiate from its many competitors. For example, the company started with a desktop manager for Android, not a mobile app, and it focused on building an app search engine instead of an app store. Wandoujia says it is “the first mobile gateway in China to integrate content across multiple verticals: apps, games, videos, music, and more.”
Top Internet companies that have distributed apps and other content through Wandoujia include Flipboard, Path, Evernote and Line. Wandoujia, which was founded in 2009 by ex-Googler Wang, launched its first international product, desktop Android manager SnapPea, in 2012, and also publishes the monthly China App Index.
In a statement, DCM general partner Hurst Lin said: “When DCM first came into contact with Wandoujia in 2011, it stood out from the mass of app stores because of its unique app search model. Since last year, Wandoujia has entered into additional mobile content verticals with its search product. We believe that Wandoujia, with its record of achievements and persistent strength in products and technology, has an opportunity to become the leader of the mobile internet industry.”
Wandoujia , one of China’s largest mobile app distribution platforms with 300 million users, announced today that it has raised $120 million...
As consumer electronics become easier to sell, there’s a lot of discussion about how important CES still is to the tech industry, even for top hardware makers. As TechCrunch’s John Biggs wrote just before last week’s event “It’s as if the big guys are now just going through the motions. And they are.”
But it appears that companies may have inadvertently stumbled upon the secret of keeping the yearly event relevant: celebrity meltdowns. It’s been a week since Michael Bay fled the stage after a teleprompter malfunction during Samsung’s presentation–an eternity in Internet time, even for viral content–but people are still talking about the incident. Videos of Bay’s mishap made the social media rounds again after Tina Fey mocked it during the Golden Globes tonight.
Fey’s parody was only a few seconds long and she didn’t actually run off the stage, but viewers immediately got the joke.
Michael Bay deserves some sympathy. Just because you are a world-famous director doesn’t mean you good at public speaking, but at least Bay has Optimus Prime to console him. Although most of the biggest WTF moments in CES history (like 2013′s Qualcomm freakshow) probably had PR people screaming afterward, they keep the event from becoming predictable and boring–which is important for all the smaller hardware companies that debut really amazing, creative and innovative products at Las Vegas every year.
As consumer electronics become easier to sell, there’s a lot of discussion about how important CES still is to the tech industry, even for t...