Korean grocery startup Kurly raises $150M

Kurly, a startup that operates a grocery delivery service in Korea, has secured $150 million in a new financing round months after reports claimed that the firm might be acquired soon. Sequoia Capital, Hillhouse Capital and DST Global invested in the Korean startup’s Series E financing round, which according to news outlet Korean Investors, valued…

How to stay in business during coronavirus: Lessons from running a remote-first company

We’re facing a challenging time for our world. Having passed 413,467 cases in 196+ countries and territories at the time of writing, the coronavirus outbreak has gone global. This coronavirus disease (COVID-19), caused by the virus SARS-CoV-2, spreads through droplet transmission, such as coughing or sneezing. It may also be possible for employees to pick up the…

Instagram Muscleman Arrested For Allegedly Peddling Fake Covid-19 Cure

Keith Lawrence Middlebrook, an Instagram weightlifter and self-described “Genius Entrepreneur,” was arrested in the Los Angeles area yesterday for allegedly peddling a fake cure for covid-19, the disease that has so far infected at least 69,210 Americans and killed at least 1,046. Middlebrook was arrested while delivering pills to an undercover FBI agent who was…

Non-profit aims to get COVID-19 field tests, N95 masks and more to healthcare workers without markups

A new Sydney-based nonprofit volunteer organization called RapidWard launched this week, with a focus on getting critical medical supplies from producers in China to healthcare professionals, doctors, hospitals and governments worldwide who need them. The group, founded by serial entrepreneur and advisor Milton Zhou, has ample supply chain experience and recognized the need for a…