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New water treatment plant to benefit 650,000 people in Mozambique

The 220-million-U.S. dollar worth project is expected to benefit some 650,000 people in the Greater Maputo Area. /VCG Mozambican President Filipe Nyusi inaugurated Wednesday a new water treatm

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China-U.S. trade, economic talks start new chapter but issues remain: expert

Recent conversations between China and the U.S. indicate that a new chapter on communication on trade and other economic matters between the two countries has started,

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Etsy asks, ‘how do you do, fellow kids?’ with $1.6B Depop purchase

The news this morning that e-commerce marketplace Etsy will buy Depop, a startup that provides a second-hand e-commerce marketplace, for more than $1.6 billion may not have made a large impact on the

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How Expensify hacked its way to a robust, scalable tech stack

Take a close look at any ambitious startup and you’ll find pugnacity nestled in its core. Stubbornness and a bullheaded belief in the worth of what a company wants to bring to fruition is often

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Reading the IPO market’s tea leaves

Although it’s a truncated holiday week here in the United States, there’s been a bushel of IPO news. This morning, we’re going to sort through the updates and come up with a series o

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Etsy is acquiring UK-based social selling site Depop for $1.625B in a mostly-cash deal

Very big news today coming out of Europe in the world of e-commerce. Etsy, the New York-based marketplace where crafty creators and those interested in their styles can discover and buy those goods, t

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Daily Crunch: Wefox CEO says $650M Series C was ‘much more than we wanted to raise initially’

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here.Hello, and welcome to Daily Crunch for June 1, 2021. We’re back from

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China's Huawei, Ethiopia's university launch state-of-art ICT center

VCG Chinese telecom giant, Huawei, and Addis Ababa University (AAU), the oldest and largest higher education institute in the Eastern African country, on Tuesday inaugurated an Information and

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Molecule.one grows its drug synthesis AI platform with a $4.6M seed round

Polish computational chemistry outfit Molecule.one has raised $4.6M to expand its quest to bring theoretical drug molecules to reality. Its machine learning systems predict the best ways to synthesize

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Gokada to launch ride-hailing service in two Nigerian cities as part of super app plans

When two of Indonesia’s biggest companies — ride-hailing company Gojek and e-commerce marketplace Tokopedia — joined forces as GoTo Group last month, a key highlight from the merger

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Malt raises $97M at a $489M valuation for its freelance marketplace for developers

The world of professional services has long relied on contractors to fill in for assignments and projects that might not be a part of the course of daily work, but are essential work nonetheless. Toda

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China's Sanxingdui Ruins hailed by UNESCO, overseas institutes

As more than 1,000 significant relics have been unearthed from new sacrificial pits at the legendary Sanxingdui Ruins site in southwest China, overseas research institutes, museums and international o

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Crypto sure requires a lot of fiat

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Wan

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The exit effect: 4 ways IPOs and acquisitions drive positive change across the global ecosystem

For many VCs, the exit is the endgame; you cash in and move on. But as we know, the startup world is evolving, and that means the impact of investment is no longer limited to how much money is made.As

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Marijuana legalization prompting police K-9 retirements

Asking dogs to follow their noses won’t work anymore in states that have legalized marijuana.As Virginia prepares to legalize adult possession of up to an ounce of mari

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Doximity’s S-1 may explain why healthcare exits are heating up

There was a time when this column was more than a never-ending run of IPO coverage. Then the unicorn liquidity cycle kicked off and it’s been a long run of public offerings ever since. This morning is

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China, Europe and U.S. cooperation 'vital to tackling climate change'

Steam and other emissions rise from a power station. /ReutersCooperation between China, Europe and the U.S. will be vital to winning the global fight against climate ch