Macron defends his startup-friendly policies

For the third year as president, France’s president Emmanuel Macron talked to the French tech ecosystem at VivaTech in Paris. This time, he used this opportunity to defend his policies so far and say that tech startups have nearly everything they need to succeed Frichti’s Julia Bijaoui, TransferWise’s Flora Coleman, OpenClassrooms’ Pierre Dubuc, Vinted’s Thomas […]

China’s Luckin Coffee raises up to $651M in upsized US IPO

Another week, another cash-burning tech IPO in the U.S. Following on from Uber’s high-profile listing, ambitious Chinese startup Luckin Coffee has raised up to $650.8 million on the Nasdaq after it priced its shares at $17. That price is at the top-end of Luckin’s previously announced $15-$17 range but the company has upsized its share […]

Amazon leads $575M investment in Deliveroo

Amazon is taking a slice of Europe’s food delivery market after the U.S. e-commerce giant led a $575 million investment in Deliveroo. First reported by Sky yesterday, the Series G round was confirmed in an early UK morning announcement from Deliveroo, which confirmed that existing backers including T. Rowe Price, Fidelity Management and Research Company, […]

Chat app Line is adding Snap-style disappearing stories

Facebook cloning Snap to death may be old news, but others are only just following suit. Line, the Japanese messaging app that’s popular in Asia, just became the latest to clone Snap’s ephemeral story concept. The company announced today that it is adding stories that disappear after 24-hours to its timeline feature, a social network like […]