Cartona will use its $12 million Series A to expand its Egypt-based B2B e-commerce platform Meczyki.Net.

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happy New week! Christine went on a well-deserved break, so you’ll have to deal with my double dose of horrible puns and worse headline shenanigans for a while.

Oh! And tomorrow afternoon PT we have a live Q&A session on Twitter Space about what the 409A assessment is and why you should care. our own Natasha Mascarenhas And Anita Ramaswamy Will speak with Sumukh from AngelList and Phil from EquityGen. You can set a handy reminder for yourself here, , hodges

Meczyki.Net Top 3

  • Vertical Exploration: “In a market like Egypt, retailers are not okay with the concept of paying [buy now pay later] with interest at the end of the month. “They like it to be part of the product prices and feel it through the order cycle, which makes us a little different,” said Cartona’s CEO. freshBecause the company raises $12 million.
  • Snap Snap in Half: Snap took a beating after its second-quarter earnings release, and investors have none of it. The stock fell 40% on Friday, with investors adjusting their expectations for the social media platform once prevalent, lucas Report.
  • Healthcare Prime? Amazon bought medical provider One Medical for about $4 billion. If he left you scratching your noggin, alex, miranda And Walter Meczyki.Net+ has three thoughts on why and how this makes sense.

Startups and VCs

Since its launch nine years ago, Seedstar has invested in 81 companies in more than 30 emerging countries. Now the firm aims to invest in 100 more startups with the launch of its second emerging market seed-stage fund. Catherine Report.

BAI Capital, a China-focused venture investment firm formerly known as Bertelsmann Asia Investments, has raised $700 million to support Chinese companies that seek to support the country’s structural reform as well as companies expanding overseas. are part of the report Rita,

Devin reviews Framework’s modular laptop computer. “Frameworks aren’t necessarily about what people are already trying to get wild for DIY – it’s about capturing people who want a little more flexibility and reusability but can’t find it in mainstream devices. could”: I thought this helped cement the target audience a bit. If this sounds like you, read this!

Then go ahead, take something else:

  • Not so secure message: Popular video calling and messaging app JusTalk claims to be both secure and encrypted. But a security lapse has proved that the app is neither secure nor encrypted after users found a huge cache of unencrypted private messages online, jack Report.
  • Working remotely or not working remotely: 77% of managers said they would consider sacking employees or cutting their pay for refusing to return to the office. Allware launched Stealth to help companies better manage their remote workforce, Kelly Report.
  • Mr? Is this your lead balloon? Shares of Zomato fell as much as 14% to a record low on Monday after the initial public offering ended the lock-in period for investors holding stake in the company, Manish Report.
  • Finding all solutions at once: The World Fund, a newcomer in climate-VC land, is leading a $128 million round for IQM, the Finnish quantum computing company that hopes to one day cut carbon by the megaton, Harij Report.
  • You have the power: Perfect for those looking to charge multiple high-draw devices at once, Anker’s new GaNPrime charger lineup is cranking out the up to 150w of power I reported today.

How e-commerce brands can beat this market downturn

Lifeguard Float;  E-Commerce Survival Slowdown

image credit: rock canals (Opens in a new window) / Getty Images

Inflation is up and consumer confidence is low, which is why e-commerce startups that expect to face the ongoing slowdown must expand their product offerings. Does it seem counterintuitive?

“The more complementary and additive the products in your catalog are, the larger the size of your cart, and the more likely the customer is to return,” says Bennett Carrocchio. Prior to co-founding Canal, he worked with hundreds of companies as the Consumer Investment Partner at Andreessen Horowitz.

In this TC+ post, he identifies the two cost centers that are easiest to control and shares three strategies to “remove brand-pocalypse.”

(Meczyki.Net+ is our membership program that helps founders and startup teams grow. You can sign up here,

Big Tech Inc.

Big tech, including Facebook and Google, have signed an agreement in New Zealand to self-regulate harmful content shared on digital platforms. Critics say it’s a ‘weak attempt to undo regulation’, report Paul

Rita Reports exciting news for lovers of self-driving cars – there are a lot of autonomous driving vehicle tests on the streets of Shenzhen today: Pony.ai, Baidu, DeepRoute, AutoX, you name it. To date, these vehicles have not been the unmanned vehicles that the tech upstarts envision for the future. That is changing from August 1, as driverless cars become legal in Shenzhen, China.

Even in the land of automotive, Cruise is living up to its promise to launch an autonomous driving service in Dubai. Just weeks after the General Motors-backed AV company officially began its commercial driverless operations in San Francisco, Cruise sent two of its autonomous vehicles to Dubai to begin mapping the city in preparation for a planned launch in 2023. Is, Rebecca Report.

More, more, always more:

  • Skating where the puck is going: NFL game pass is no more. NFL+ streaming service launched in the US, as lauren Report.
  • Google for Work gets tablettier: Good news for people who use Drive, Dogs, Sheets and other Google services on their tablet – Google is adding optimizations to make your life better, Ayesha Report.
  • Money for Nothing, and Stevie Nicks for Free: Creators on Facebook can now make money even if their content uses licensed music, reports Ayesha,
  • Sidestepping App Store Fees: A major milestone in the long-running battle, Netflix’s iOS app now has a sign-up button. It lets you sign up to its service through its website instead of Apple’s subscription services, where the computer giant Netflix will deduct subscription fees, reports Ivan,
  • Losing data costs real money: Telecom giant T-Mobile will pay customers $350 million as part of a data breach settlement, reports Devin.

A little spicy for the mouse: In the US, Disney+ rolls out several R-rated films, such as “Deadpool,” “Deadpool 2” and “Logan” making it to the streaming platform, writes lauren,