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Daily Crunch: Japanese marketing tech firm Geniee acquires Zelto for $70M



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All roads lead to acquisition: Manish writes that after Japan’s Geniee acquired AdPushup-operator Zelto for $70 million. He called the deal “a remarkable turnaround” for Zelto, a company that has stared down a few near-death experiences, including cash flow and product market fit problems, during its 10-year-old life.
Sweet (South) Carolina, bup, bup, bup: VW-backed Scout Motors has plans to build a $2 billion factory in South Carolina to produce its all-electric vehicles. Tim Stevens has more.
Fined: Manish also writes about India’s central bank, which fined Amazon’s payments unit over $370,000, claiming the company was noncompliant with certain know-your-customer guidelines.

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