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Mobile payment app Lydia raises $45 million round led by Tencent – TechCrunch

Mobile payment app Lydia raises $45 million round led by Tencent – TechCrunch

by Our Source | Feb 26, 2020 | Apps

French startup Lydia is raising a $45 million Series B round (€40 million). Tencent is leading the round with existing investors CNP Assurances, XAnge and New Alpha also participating. If you live in France, chances are you already know Lydia quite well. The company...
Mobile payment app Lydia raises $45 million round led by Tencent – TechCrunch

App stores saw record 204 billion app downloads in 2019, consumer spend of $120 billion – TechCrunch

by Our Source | Feb 26, 2020 | Apps

Consumers downloaded a record 204 billion apps in 2019, up 6% from 2018 and up 45% since 2016, and spent $120 billion on apps, subscriptions and other in-app spending in the past year. The average mobile user, meanwhile, is spending 3.7 hours per day using apps. This...
Mobile payment app Lydia raises $45 million round led by Tencent – TechCrunch

44% of TikTok’s all-time downloads were in 2019, but app hasn’t figured out monetization – TechCrunch

by Our Source | Feb 26, 2020 | Apps

Despite the U.S. government’s concerns over TikTok, which most recently led to the U.S. Navy banning service members’ use of the app, TikTok had a stellar 2019 in terms of both downloads and revenue. According to new data from Sensor Tower, 44% of TikTok’s total 1.65...
Mobile payment app Lydia raises $45 million round led by Tencent – TechCrunch

Marijuana delivery giant Eaze may go up in smoke – TechCrunch

by Our Source | Feb 26, 2020 | Apps

The first cannabis startup to raise big money in Silicon Valley is in danger of burning out. TechCrunch has learned that pot delivery middleman Eaze has seen unannounced layoffs, and its depleted cash reserves threaten its ability to make payroll or settle its AWS...
Mobile payment app Lydia raises $45 million round led by Tencent – TechCrunch

Instagram drops IGTV button, but only 1% downloaded the app – TechCrunch

by Our Source | Feb 26, 2020 | Apps

At most, 7 million of Instagram’s 1 billion-plus users have downloaded its standalone IGTV app in the 18 months since launch. And now, Instagram’s main app is removing the annoying orange IGTV button from its home page in what feels like an admission of lackluster...
Mobile payment app Lydia raises $45 million round led by Tencent – TechCrunch

TechCrunch’s Top 10 investigative reports from 2019 – TechCrunch

by Our Source | Feb 26, 2020 | Apps

Facebook spying on teens, Twitter accounts hijacked by terrorists, and sexual abuse imagery found on Bing and Giphy were amongst the ugly truths revealed by TechCrunch’s investigating reporting in 2019. The tech industry needs more watchdogs than ever as its size...
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