Welcome again to The TechCrunch Alternate, a weekly startups-and-markets publication. It’s impressed by what the weekday Alternate column digs into, however free, and made in your weekend studying. Need it in your inbox each Saturday? Join right here.
Our work this week kicked off in China, dug into African startup exercise, handled China as soon as once more, took a really deep dive into the Latin American startup ecosystem and wrapped with a second have a look at the Robinhood IPO. In different phrases, not a lot was actually happening in any respect!
You’ll have been shocked to see Amazon’s inventory fall off a cliff Friday. In spite of everything, the corporate posted enormous income good points to only over $113 billion in the course of the quarter. And AWS, its public cloud enterprise, appeared to tick alongside properly.
However buyers had anticipated extra progress and had priced the