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Farfetch Raises $250M To Grow Luxury Fashion Platform

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Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to a release. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco.

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DoorDash, mRelief Pair On Food Stamps For Low-Wage Workers

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Startup mRelief, which helps low-income workers access food stamps, is teaming up with food delivery startup DoorDash to offer DoorDash credit to people eligible for food stamps in San Francisco, according to a report in TechCrunch. Last year, the startup debuted an end-to-end process to aid food stamp enrollment in San Francisco.

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Car Marketplace CarGurus Has Acquired Autolist

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Autolist is based in San Francisco, and the terms of the deal were not revealed. CarGurus Chief Financial Officer Jason Trevisan said the company is going to merge with and acquire companies in its goal of expanding its offerings and moving into dealer software and technology.

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StanChart Deepens China Focus With Innovation Lab Launch

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7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open in Singapore, Hong Kong, Kenya, London and San Francisco. NS Banking said Wednesday (Aug.

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Chime Commands $1.5B Valuation After Capital Raise

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According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. The company also plans to double its size to more than 200 employees and expand its leadership team.

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DoorDash Hires Uber Eats Exec As New VP of Engineering

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Sokol led and scaled Uber Eats from its inception, supervising a team of more than 200 engineers, and serving on the Uber Eats executive leadership team. Previously, he was head of engineering at Voxer and has also worked for Genentech, IBM and smaller technology consultancies including his own.

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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

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The company now has an office in San Francisco, too, that gives it a presence in Silicon Valley. Under CEO Bill Smith’s leadership, Shipt has quickly become a nationally recognized company in the home grocery delivery space.

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