Bitso, Plerk, Ualá, Wildlife, Lemon Cash and Kavak, Latam startups with recent layoffs
Layoffs at startups in the region are part of a new wave of cutbacks that responds in most cases to the recession and ensures liquidity for the coming months.
Layoffs at startups in the region are part of a new wave of cutbacks that responds in most cases to the recession and ensures liquidity for the coming months.
Wynwood House, a Peruvian startup that follows the line of global companies such as Sonder as an alternative to Airbnb, halfway between Airbnb and hotels, raised US$7 million in a seed round that will allow it to continue growing in LatAm and beyond. Forbes Peru broke the news, stating that Wynwood House is already present in Peru, Colombia, Mexico, and Panama, and after the round, it plans to reach Chile, the US and Spain.
Here’s a retail story that doesn’t involve a media network – but don’t worry, it does feature Amazon, AI, and Kansas City. Independent retailer Community Groceries will be the first non-Amazon company to deploy the Amazon One entry gate and Amazon’s Just Walk Out checkout technology. Amazon One grants entry after reading your palm or credit card, while Just Walk Out tracks what customers put in their cart and charges for it. O brave new world.
Nearly one-third of major news publishers have blocked generative AI tools from reading their content. But that’s a drastic measure which could also exclude their results from conventional search engines. Microsoft has just given publishers the option to block access by Bing Chat without also removing their content from search results. We’ll see if competitors do the same.