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Lablaco seeks to help usher in the new era of web3 digitized retail

TechCrunch

The future of digital retail has arrived in Paris, naturally. Today, SPIN by lablaco, launched its first digitized retail experience called Web3 Fashion: The Origin Story at the famed Galeries Lafayette Champs-Élysées. Or in other words, no one wants to be the person listed on the blockchain who threw their turtleneck into the bin.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Moar chains : Jacquelyn explores how Coinbase’s layer-2 blockchain may help expand scaling on Ethereum. Come together, right now…over e-commerce : Amazon joined an India-backed e-commerce initiative that interestingly enough was challenging the retail giant’s seeming monopoly in the market, Manish writes. You can sign up here.

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Crypto asset management platform Cobo bags $40M Series B

TechCrunch

Amid the growing interest for cryptocurrencies among Asian investors, institutional investors and retail investors are seeking diversification options to hedge against inflation and other risks, the company said in its statement. Its retail investor clients use Cobo Wallet. Binance Labs leads $1.6M

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Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors

TechCrunch

Founded in 2017 and owned by blockchain infrastructure firm ICHX, iSTOX’s goal is to open private capital opportunities, including startups, hedge funds and private debt, that are usually limited to a small group of high-net-worth individuals to more institutional and accredited investors. (It million in funding.

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Cameroon’s Ejara raises $2M to offer crypto and investment services in Francophone Africa

TechCrunch

A region of more than 200 million people using the CFA franc, Francophone Africa is one of the most crypto-friendly markets in Africa. But only a few players are taking advantage of the market, which can make a case as the next frontier for mobile money and investment apps in Africa. So it stayed on my mind.”

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TechCrunch+ roundup: Holiday marketing tips, low-cost NFTs, SaaS sprawl study

TechCrunch

.” The report had many interesting findings, but here’s the one that left the biggest impression on me: Startups that adopt USP and product-led growth strategies pay back customer acquisition costs faster and have higher net-dollar retention. The holiday shopping season is coming: How are growth marketers preparing?

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Quick thoughts : Off the back of DoorDash’s IPO, Y Combinator seems set on replicating that success in other markets, including Africa, where the likes of Glovo and Jumia Food are ramping up efforts to grab market share. What it says it does : Building Plaid for insurance in Africa. YC-backed Duplo raises $1.3M Website : [link].

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