Artist’s rendering of a new UPS aircraft. Source: UPS United Parcel Service is taking package delivery to new heights, literally, with the purchase of 10 electric vertical take-off and landing planes from …
Read More »Deliveroo shares rise as retail investors start trading
A Deliveroo courier travels along Regent Street delivering takeaway food in central London during Covid-19 level 4 restrictions. Pietro Recchia | Images SOPA | LightRocket via Getty Images LONDON – Shares in …
Read More »Fintech Startup Stripe Enters Middle East With UAE Launch
One of the most valuable private fintech companies in Silicon Valley has chosen Dubai for its first expansion in the Middle East and North Africa. Online payments company Stripe is expanding to …
Read More »Argo AI, a Ford-backed self-driving startup, is considering its initial public offering this year
Bryan salesky Photographer: Justin Merriman / Bloomberg Photographer: Justin Merriman / Bloomberg Argo AI, the autonomous startup backed by Ford Motor Co. and Volkswagen AG is considering going public as early as …
Read More »Sequoia Capital India Announces Second Seed Fund at $ 195 Million
Vehicles pass through an information technology park in the Electronic City area of Bangalore, India, on Friday, March 5, 2021. Dhiraj Singh | Bloomberg | fake images Sequoia Capital India has closed …
Read More »Amazon-backed Deliveroo Aims to Raise $ 1.4 Billion at Next IPO
A Deliveroo courier travels through Regent Street delivering takeaway food in central London during Covid-19 level 4 restrictions. Pietro Recchia | Images SOPA | LightRocket via Getty Images LONDON – Food delivery …
Read More »Technological sovereignty is a key issue for Europe amid tensions between the United States and China
BRUSSELS, BELGIUM – DECEMBER 16: European Commissioner Thierry Breton. Anadolu Agency | Anadolu Agency | fake images LONDON – The European Union is investing billions of euros in what it believes to …
Read More »Deliveroo reveals it lost $ 309 million in 2020 ahead of London IPO
Will Shu, CEO of Deliveroo. Aurelien Morissard | IP3 | fake images LONDON — Deliveroo, the Amazon-backed food delivery service, revealed it posted a loss of £ 223.7 million ($ 309 million) …
Read More »Ample Opens 5 Electric Vehicle Battery Swap Stations for Bay Area Uber Drivers
A San Francisco startup called Ample wants to make the electric vehicle battery swap work in the United States, countering a history of failures in space. When electric vehicles were gaining traction …
Read More »Amazon acquires Selz, a competitor to Shopify
Jeff Bezos, founder and CEO of Amazon.com Inc., speaks at the National Press Club in Washington, DC, on Thursday, September 19, 2019. Andrew Harrer | Bloomberg | fake images Amazon bought Selz, …
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