Lyft’s opt-in automatic rider donation program goes live May 1

 Lyft previously announced that it would be introducing “Round Up & Donate,” a program that would allow its riders to automatically top-off their fare to the nearest dollar and donate the excess to a worthy cause. The program is now all set to go live for the first time on Monday, May 1, and the first organization that Lyft is supporting is United Services Organizations (USO),… Read More

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App stores saw record revenue and downloads in Q1 2017

 Mobile applications saw a record number of downloads and revenue in the first quarter of the year, according to a new report from app store analytics firm App Annie out this morning. Across both iOS and Android, downloads grew by 15 percent year-over-year to reach nearly 25 billion worldwide – a figure that includes only new downloads, and not re-installs or downloads from prior quarters.… Read More

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Propel raises $4M to make the social safety net more tech savvy and user friendly

Fresh EBT Some big names are making an investment in food stamps — specifically in Propel, a startup that helps food stamp recipients manage their benefits. Propel is announcing that it has raised $4 million in seed funding from Andreessen Horowitz, Omidyar Network, Kevin Durant’s The Durant Company and Max Levchin’s SciFi VC, as well as previous investors Jay Borenstein, WinWin and… Read More

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Didi Chuxing adds Ofo bike sharing to its main app

 Ride hailing and bike sharing come together under one roof through Didi Chuxing’s new partnership with Ofo, the bike sharing service easily spotted in China thanks to its signature canary yellow bicycles. The team-up makes a ton of sense, given Didi’s strategic investment in Ofo from September 2016, and the way its short-term bike rentals can supplement car travel and sidestep… Read More

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TransferWise moves into Asia Pacific with opening of regional HQ in Singapore

 TransferWise, the billion-dollar valued startup that reduces the cost of cross-border payments, has taken a big step to globalizing its service after it opened an Asia Pacific office in Singapore. The UK-based service was started in 2010 by Estonian entrepreneurs Kristo Kaarmann and Taavet Hinrikus, its CEO, as a method for sending money from country to country more efficiently. It… Read More

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Crunch Report | Instagram Grows To 700M Users

Crunch Report April 26 Today’s Stories 

Instagram’s growth speeds up as it hits 700 million users
Twitter desperately needed a hit first-quarter and somehow managed to deliver
Amazon’s new Echo Look has a built-in camera for style selfies
Uber is making it easier to see your rider rating
Investor Chris Sacca is retiring from venture capital

Credits
Written and Hosted by: Anthony Ha
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