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Here’s what China’s e-commerce giants are telling us about the economy

Jun 22, 2022

Growth in online sales is slowing, while new players eat away at Alibaba’s market share, data show.

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With recession fears surging, UBS dips into the history books to predict what could happen
Southeast Asia’s start-ups have fired hundreds of workers, and this may be just the beginning

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  • New Delhi-based Progcap, a digital bank that provides working capital to SMBs, raised a $40M Series C extension at a $600M valuation, up 3x since September 2021
  • Waymo, UPS, others pressure Gov. Newsom to allow autonomous trucking in California – TechCrunch
  • Coming off methotrexate doubles antibody levels after covid-19 vaccine
  • Degreed’s co-founder is back at the company he left…with the startup he built – TechCrunch
  • Siemens plans to buy Brightly, a North Carolina-based provider of buildings and infrastructure management software, from Clearlake Capital for $1.58B
  • These four iconic European founders plan to kick the asses of VCs who never started a company – TechCrunch
  • Federal grand jury could block Truth Social’s SPAC merger – TechCrunch
  • How SCOTUS overturning Roe could be used to curb online freedoms and surveil vulnerable populations, as happened to sex workers following FOSTA/SESTA in 2018
  • Max Q: Acronyms rule everything around me – TechCrunch
  • Rivian opens its first three ‘Adventure Network’ fast charging sites | Engadget

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