Snackpass snags $21M to let you earn friends free takeout

“We were in the back washing blenders so they could keep taking Snackpass orders,” recalls co-founder and CEO Kevin Tan. The team from order-ahead food startup Snackpass was willing to get their hands dirty to keep up with demand at one of their first restaurant partners, Tropical Smoothie Cafe on the Yale University campus. Why … Read more

Daily Crunch: Amazon takes action against FedEx

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Amazon’s third-party merchants are now barred from using FedEx Ground for Prime shipments Amazon recently told third-party vendors that they are … Read more

Adobe turns it up to 11, surpassing $11B in revenue

Yesterday, Adobe submitted its quarterly earnings report and the results were quite good. The company generated a tad under $3 billion for the quarter at $2.99 billion, and reported that revenue exceeded $11 billion for FY 2019, its highest ever mark. “Fiscal 2019 was a phenomenal year for Adobe as we exceeded $11 billion in … Read more

Bonobos founder Andy Dunn to leave Walmart in 2020

Andy Dunn, the founder of menswear site Bonobos which sold to Walmart in 2017 for $310 million, is now parting ways with the retail giant. The executive, who joined Walmart as SVP of digital consumer brands at the time of the acquisition, officially announced his departure in a LinkedIn post titled “A Love Letter to … Read more

Klarna CEO says ‘maybe’ of taking public Europe’s most valuable fintech next year (but he’s not ruling out another round, either)

Yesterday at TechCrunch Berlin, we sat down with Sebastian Siemiatkowski, the co-founder and CEO of Klarna, a 15-year-old company that’s currently the most highly valued privately held fintech in Europe, following a $460 million investment that pegged the company’s worth at $5.5 billion back in August. (Asked yesterday to confirm that the company has raised … Read more

Clideo promises an easy way to make shoppable videos

Clideo says it can help marketers reach consumers in a smarter way, by making videos shoppable via an “interactive overlay.” CEO Michele Mazzaro (who previously worked as an executive at Ki Group and in mergers and acquisitions at KPMG Italy) said these videos are meant to address a larger issue: “Businesses are failing in communicating … Read more