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Archivo del Autor: Belen De Leon

Save up to $300 on the Apple 10.5-inch iPad Pro at Walmart

The 10.5-inch iPad Pro excels in nearly every aspect, making it a worthwhile investment especially for artists and professionals. You can order the 64GB version for only $474 or the 512GB version for $699 on Walmart.
Source: Digital trends

Watch an unfiltered interview of PicsArt founder at Disrupt Berlin

Smartphones have become a creative playground thanks to cameras and innovative apps, such as PicsArt. With PicsArt, anybody can add filters, stickers and tweak photos and videos in many different ways. It has been a massive hit with 130 million monthly active users. And that’s why I’m excited to announce that PicsArt founder and CEO Hovhannes Avoyan is joining us at TechCrunch Disrupt Berlin.

PicsArt started with a simple app that lets you edit photos before sharing them. There are many companies in this space, including VSCO, Snapseed and Prisma. But PicsArt has managed to become a cultural phenomenon in many countries including China.

If you’re thinking about editing a photo or video in one way or another, chances are you can do it in PicsArt. In addition to traditional editing tools (cropping, rotating, curves, etc.), you can add filters, auto-beautify your face, change your hair color, add stickers and text, cut out your face and use masks just like in Photoshop… I’m not going to list everything you can do because it’s a long list.

The result is an app packed with features that lets you express yourself, create visual storytelling and improve your social media skills. If you’re an Instagram user, chances you’ve seen more than one photo that has been edited using PicsArt.

picsart

While the app is free with ads, users can also subscribe to a premium subscription to unlock additional features. And PicsArt is not just about editing as you can also use the app as its own social network.

PicsArt is based in the U.S. and has raised $45 million over the years. But the company is also betting big on Armenia with a big engineering team over there.

And it’s a natural fit as Hovhannes Avoyan is originally from Armenia. In addition to PicsArt, he has founded many successful startups in the past — Lycos, Bertelsmann, GFI, Teamviewer and Helpsystems. Many entrepreneurs would have a hard time founding just one of these companies, so I can’t wait to hear how Avoyan manages to work on so many different products and turn those products into successes.

Buy your ticket to Disrupt Berlin to listen to this discussion and many others. The conference will take place on December 11-12.

In addition to panels and fireside chats, like this one, new startups will participate in the Startup Battlefield to compete for the highly coveted Battlefield Cup.


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Hovhannes Avoyan is a serial entrepreneur, investor and scholar. He is the founder and CEO of PicsArt, the #1 photo and video editing app and community with more than 130 million monthly active users. PicsArt is backed by Sequoia Capital, Insight Venture Partners, DCM and Siguler Guff. The company employs more than 350 people and is headquartered in San Francisco with offices across the globe in Yerevan, Armenia; Los Angeles; Beijing; and an AI Lab in Moscow.

Avoyan brings more than 25 years of experience in computer programming and global business management. Prior to PicsArt, Avoyan founded five other startups, all of which had successful acquisitions by global companies including Lycos, Bertelsmann, GFI, Teamviewer, and Helpsystems.

He is a graduate of Harvard Business School’s Bertelsmann Senior Executive’s program. He received his B.S. and M.S. from the State Engineering University of Armenia and his M.A. in Political Science and International Affairs from the American University of Armenia. He’s also a frequent speaker at business conferences on topics ranging from business strategy to international team building and Al.


Source: TechCrunch

Everyone Wants Facebook's Libra to Be Regulated. But How?

Facebook’s planned blockchain-based currency poses nettlesome questions: Is it money? Is the Libra Association a bank?
Source: Wired

On a growth tear, work trip SaaS TravelPerk adds $60M to its Series C

Business travel SaaS startup, TravelPerk, has announced it’s more than doubled the $44M Series C round we wrote about just nine months ago — taking in a further $60M from its existing investors, which brings the round to $104M, and the business’ total raised to date to $134M.

Investors increasing the size of their Series C commitment are Kinnevik, partners of DST Global, Target Global, Felix Capital, Sunstone, and LocalGlobe.

A mere three years ago the 2015-founded, Barcelona-based startup had bagged a $7M Series A — with a pitch to take the pain out of business travel booking.

Since then it’s been on a major growth tear. Co-founder and CEO Avi Meir says this momentum is behind the Series C expansion.

“We grew faster than expected,” he tells TechCrunch. “Unit economics are fantastic. Investors have been pushing us to inject more funding, accelerate our growth, and expand faster. We weren’t looking for more runway.

“We always knew that expanding this round was an option depending on performance, and as we exceeded even our most optimistic targets, we had the choice to stay on our same path or become even more aggressive.”

“The team has grown 250% since January and bookings on the platform have increased by 300%,” he adds. “The number of active users has grown by 150% this year compared to last. When you look at those two numbers side-by-side, it demonstrates that not only are we adding customers, but our existing ones are booking more often.”

TravelPerk now has more than 2,000 customers for its business travel booking platform — including some very familiar names n the European startup scene, such as Adyen, Farfetch, Transferwise, Sumup, GetYourGuide and Glovo.

It’s not disclosing the latest valuation of the business but Meir says it’s more than doubled in the last eight months — due to “rapid growth”.

He’s also not sharing the GMV target for the year — but says it’s 300% higher than last year.

The extra Series C funds will be ploughed into further fuelling its European expansion.

It is also trailing “major product additions in the coming weeks and months” — which TravelPerk claims will bring “a new level of disruption to the pricing structure of an industry that is still dominated by outdated solutions that make business travel expensive and painful”.

It’s certainly true that you don’t have to ask too many office workers before you find someone more than willing to hate long and loud on legacy platforms their employer forces them to use when they need to book a work trip.

“In the coming weeks and months, we’ll be releasing products that give the business traveler more freedom and flexibility than ever before,” says Meir. “Meaning business travelers are not restricted by the rigid, outdated systems of the travel industry. With these releases, we’ll not be playing catchup with the leisure travel industry, but bringing to market features designed specifically for the business traveler.”

Given the sustained growth tear that’s encouraged its investors to increase their commitments, what about an IPO? Is that now fast looming on the horizon for TravelPerk?

“It’s a very natural path for us,” says Meir. “We don’t have a hard and fast plan, we’re focused on building a really big company that will be a market leader for years to come, and we’re certainly not at all focused on selling.”

“We want to be THE choice for the modern business traveler,” he adds. “A no-brainer choice for anyone booking, managing, reporting, or analyzing their business travel.”

Discussing the startup’s plans for the next year, he says they’ll aim to bolster their position with SMEs in Europe — and “expand outwards”

“We’re planning to have 430 people hired by the end of this year, and more than 580 by end of 2020 – that’s nearly doubling in a year,” he continues. “This is the plan as it stands today, I wouldn’t be surprised if next year is an even higher trajectory. Certainly that’s the pattern when I look back at our journey so far.”

Commenting in a statement, Antoine Nussenbaum, partner at Felix Capital added: “We are excited to see Avi and his team hitting and surpassing their objectives, as a result we are doubling up our investment as part of this large Series C.

“We’re delighted to be strengthening our relationship with TravelPerk and look forward to seeing the business continue to grow. We are particularly thrilled about the new features soon to be released which will materially transform the traveller experience — building on TravelPerk’s leadership position as the new standard for business travel.â€�


Source: TechCrunch

Japanese anime studio fire leaves more than 20 dead in suspected arson attack – CNET

A man apparently started the Kyoto Animation blaze early Thursday.
Source: CNET

Lexus built the GX Off-Road concept to get dirty and have adventures – Roadshow

Most people would never guess that the mild-mannered middle child of Lexus’ SUV range would actually pack such serious off-road underpinnings, but Lexus is out to change that perception.
Source: CNET

Lexus' GX-based GXOR concept is pure adventure porn – Roadshow

It turns out that taking a $50k SUV and throwing tens of thousands of dollars of off-roading parts at it makes for a pretty desirable ride.
Source: CNET

Chandrayaan 2 mission to moon's south pole now set to launch on July 22 – CNET

Indian space agency, ISRO, announce a new date for the historic exploration mission to the moon’s south pole.
Source: CNET

It Chapter 2 trailer is a bloody scary way to start Comic-Con – CNET

The Losers’ Club is back as adults and they’re not clowning around.
Source: CNET

EBay picks 5.5% stake in India’s Paytm Mall

EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain footprint in India’s fast-growing e-commerce market.

The two firms did not disclose financial terms of the deal, but a source familiar with the matter told TechCrunch that EBay has invested between $150 million to $200 million in Paytm Mall at a valuation of $3 billion, up from under $2 billion last year. Paytm Mall had raised about $650 million prior to today’s announcement, the source said.

The agreement will see more than a million products of EBay be made available for purchase to users on Paytm Mall, Vijay Shekhar Sharma, founder and CEO of Paytm said in a statement. “We will jointly select the inventory we want to bring here. It will be done in a month’s time,� he added. EBay will continue to operate its e-commerce site in India, the company said.

The deal could strengthen Paytm Mall’s position in India, where it competes with Walmart -owned Flipkart, and Amazon India. Online retail sales in India are expected to grow to about $72 billion in three years, according to research firm eMarketer.

Paytm Mall, which is backed by SoftBank, Alibaba, Ant Financial, and SAIF Partners, reported GMV sales of $188 million in 2018. In last one year, sales at the e-commerce arm of One97 Communications, which also runs Paytm wallet, has lost momentum after it cut down the lofty offers it was bandying out to customers, according to an Economic Times report.

Like Amazon and Flipkart, Paytm Mall operates on an inventory-led model in India, but in recent months it has shifted its focus to offline-to-online and online-to-offline models, wherein orders placed by customers are serviced from local brand stores. A second source told TechCrunch that Paytm Mall intends to aggressively grow its non-inventory based models. Paytm Mall claims to have over 100,000 seller partners on its platform.

This is EBay’s third investment in India. The company made its first investment in the country in Snapdeal in 2013, and then on Flipkart. After the Indian firm was acquired by Walmart for $16 billion, EBay sold its stake for $1.1 billion and relaunched its e-commerce site with cross-border trade as its new focus.

“We are deeply committed to India and believe there is huge growth potential and significant opportunity in this dynamic market,â€� said Jooman Park, Senior Vice President of EBay’s APAC business. “This new relationship will accelerate our cross-border trade efforts in a rapidly growing market, providing hundreds of millions of Paytm and Paytm Mall customers with access to EBay’s unparalleled selection of goods.â€�


Source: TechCrunch

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