Search results for "ride-hailing"

July 05, 2022
Amazon’s Fight for a Seat at the Dinner Table

Turns out that not many people order burgers at a restaurant that sells pasta and pizza, even though they’re a menu option. But many did from MrBeast Burger, a delivery-only...


July 01, 2022
Careem Makes Second Acquisition This Week With Denarii

Ride hailing, payments and food delivery platform Careem picked up money transfer firm Denarii for undisclosed terms, its second acquisition this week, according to a press release on Friday (July...


June 29, 2022
Platform Economics: Recent Findings and Further Questions

How is platform competition different from regular competition? The first part of this article reviews recent findings from theoretical platform economics. It describes two novel ways in which more competition...


June 24, 2022
EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas...

In today’s news, venture capital fund Presto Ventures has a new fund to help B2B startups, while delivery firm Gorillas is closing warehouses and planning to exit Belgium. VC Firm...


June 24, 2022
Careem Boosts Food Delivery Space Footing With MUNCH:ON Acquisition

Careem, the Dubai-based ride-hailing company with operations in over 100 cities across the Middle East, Africa and South Asia has acquired the food delivery platform MUNCH:ON for an undisclosed sum....


June 23, 2022
Russia’s Yandex Opens Public Access To AI

Russian technology company Yandex said on Thursday it had made a large language model for artificial intelligence research open to the public, hoping to spawn faster and deeper development of...


June 06, 2022
Today in TechREG: FinCEN Proposes Rulemaking For New Enforcement Tool

Today, a court in Australia found Google liable for defamatory videos posted on its YouTube platforms targeting a senior politician. The court ordered Google to pay around $500,000, but the...


June 02, 2022
The Dawn of a New Digital Age: Key Learnings from...

By Michael Han, Caroline Huang, Bivio Yu, Joy Wong, & Karina Zhou1   In line with global developments, China’s antitrust authority, the State Administration for Market Regulation (“SAMR”), has taken...


May 31, 2022
Travel Tech Company Swvl Plans to Cut 32% of Staff

Dubai-based mass transit solutions platform Swvl said it will cut its workforce by 32% in an effort to get on the path to profitability. “Such reductions will focus on roles...