Jack Ma’s VC firm invests in his own company and Flipkart’s latest round may change India’s ecommerce scene as we know it. When will the Uber scandals end?!
Here’s a snapshot of last weeks’ news in sentences:
Remember Uber’s “God View”? Well, they also had a secret software that tracked the location of Lyft’s drivers; codename “Hell”. (Amir Efrati / The Information [Paywall])(James Vincent / The Verge)
Riding off Uber’s bad press, Lyft raises $600M at $7.5B valuation. The Uber rival saw a 60 percent week-on-week increase in new user registration following the #DeleteUber campaign. (Darrell Etherington