December 2, 2020 No Comments Amazon, Amazon Prime, DoorDash, e-books, eCommerce, Food, Instacart, online food ordering, online shopping, Postmates, retailers, sams club, streaming video, Uber, United States, Walmart
Walmart+ takes on Prime by dropping minimum on Walmart.com purchases Walmart+, the retailer’s lower cost alternative to Amazon Prime offering same-day delivery of groceries and other items, is making its service more appealing with today’s launch of a new perk. The company says that starting on Friday, December 4, it will remove […]
December 1, 2020 No Comments Apps, california, Companies, driver, food service, M&A, online food ordering, Postmates, TC, Uber, websites
Uber officially completes Postmates acquisition Uber today announced the official completion of its Postmates acquisition deal, which it announced originally back in July. The all-stock deal, valued at around $2.65 billion at the time of its disclosure, sees Postmates join Uber, while continuing to operate as a separate service with its own […]
November 27, 2020 No Comments Apps, Asia, Government, india, Ola, Softbank, Uber
India sets rules for commissions, surge pricing for Uber and Ola Ride-hailing firms such as Ola and Uber can only draw a fee of up to 20% on ride fares in India, New Delhi said in guidelines on Friday, a new setback for the SoftBank-backed firms already struggling to improve their finances […]
November 20, 2020 No Comments Diversity, diversity report, TC, techcrunch include, Uber
Despite commitment to anti-racism, Uber’s Black employee base has decreased Uber today released its latest diversity report, showing a decline in the overall representation of Black employees in the U.S. despite an increased focus on racial justice this year in the wake of the police killing of George Floyd. In 2019, Uber […]
November 19, 2020 No Comments Fundings & Exits, lime, Mobile, Startups, Transportation, Uber
Lime touts a 2020 turnaround and 2021 profitability Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now largely profitable. Lime said it was both operating cash flow positive and free […]
November 19, 2020 No Comments Bain Capital, Berlin, BMW, Daimler, Europe, European Investment Fund, Finance, George Tziralis, Greece, investment, leader, London, Marathon VC, mobility, money, New York, Panos Papadopoulos, San Francisco, Taxibeat, TC, Uber, Venture Capital
Greece’s Marathon Venture Capital completes first close for Fund II, reaching M Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40m / $47M mark. Backing the new fund is the European Investment Fund, HDBI, as well as corporates, family offices and HNWIs around […]
November 13, 2020 No Comments Aurora Innovation, Automotive, TC, Uber
Uber in talks to sell ATG self-driving unit to Aurora Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and Softbank’s Vision Fund. Now, it’s up for sale and a competing autonomous vehicle technology startup is in […]
November 10, 2020 No Comments Automotive, earnings, Lyft, TC, Uber
Lyft sees ride revenues recover by nearly 50% in just three months Shares of Lyft are riding high, popping more than 7% in after-hours trading today after the American ride-hailing giant reported its Q3 earnings. Lyft, which competes with Uber for rideshare, reported revenues of $499.7 million in third-quarter, a 48% drop […]
November 9, 2020 No Comments Automotive, Transportation, Uber
Uber has its highest close since IPO Uber shares surged 7.38% to close at $48.18 following news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. The announcement by drugmakers Pfizer and BioNTech sparked widespread optimism and helped boost shares across […]
November 7, 2020 No Comments Diversity, labor, Lyft, mental health, prop 22, Uber
Human Capital: The gig economy in a post-Prop 22 world Welcome back to Human Capital and congrats on making it through one of the hardest weeks of the longest year. Now that the Associated Press has called the election in favor of Joe Biden, it should be good news for DEI practitioners, […]
Copyright © 2019 Kenys Empire. Created by Kenys Online. Powered by Amazon.
we are temporary having problem with the theme sorry for any inconvenience Dismiss