Tag Archives: buys

2 September 2021

Today in restaurant and grocery tech news, FreshDirect adds 250 SKUs of parent company Ahold Delhaize’s private label brands, and Russian food delivery company Yandex purchases a stake in Uber in a $1 billion deal. Plus, Nat Trienens, founder and CEO of digital ordering solutions provider Koala, discusses the delta variant’s effect on restaurant ordering habits. FreshDirect Woos Shoppers with Major Private Label Expansion, Lower Prices In a move to attract cost-conscious consumers with… Source link

Russian internet and ride-hail giant Yandex has acquired Uber’s stake in its Self-Driving Group (SDG), as well as Uber’s indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all four businesses. Yandex SDG is an autonomous technology spinout from MLU B.V., the ride-hailing and food delivery joint venture Yandex formed with Uber in 2018 by merging… Source link

Russian IT giant Yandex said on Tuesday that it had reached a $1 billion deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the deal, Yandex will buy Uber’s stake in their shared food delivery operations and a business that develops self-driving vehicles, gaining 100 per cent ownership. Yandex… Source link

Russian IT giant Yandex said on Tuesday it had reached a $1 billion (€0.85bn) deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the deal, Yandex will buy Uber’s stake in their shared food delivery operations and a business that develops self-driving vehicles, gaining 100 per cent ownership. Yandex will also increase to 71 per cent its stake in transport ventures with Uber – including taxi and car-sharing… Source link

Yandex has struck a $1 billion deal to buy out U.S. ride-hailing giant Uber from a host of the pair’s joint ventures in Russia, the company announced Tuesday. The deal signals a new stage in the partnership between Yandex and Uber which has seen the pair cement its position as Russia’s leading ride-hailing service and launch a host of initiatives in areas such as self-driving vehicles, express food delivery and car-sharing. Under the terms of the deal, Yandex will take… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, August 9, 2021 Berkshire Hathaway’s own shares were Berkshire’s big buy in the second quarter Berkshire Hathaway (BRK-A, BRK-B) released its quarterly results on Saturday morning.  Total revenue for the conglomerate hit $69.1 billion in the second quarter while earnings per share came in at $18,488 per Class A share.  But as has been the… Source link

As firework volleys launched out of New York City harbor last night, a very different celebration was likely taking place just a few blocks down the street at Verizon’s official headquarters in Midtown. The telco, which owns TechCrunch for hopefully just a few more weeks pending the close of the Apollo acquisition of our parent company Verizon Media, announced overnight that it had signed an agreement with Z Holdings, a division of Japan’s SoftBank Group, to sell… Source link

Bitcoin breaks above $35,000 as whales cause the biggest daily accumulation spike of 2021 with 60,000 worth of BTC being purchased. For the first time in weeks, bitcoin managed to gain over the weekend. The crypto has climbed over 5% between Saturday and Sunday. One of the key reasons why bitcoin is up over the weekend could be credited to a surge in buying from whales. According to on-chain analysis company Santiment, whales have purchased 60,000 bitcoin in one day. In a recent tweet,… Source link

Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to an SEC filing. Grayscale is owned by CoinDesk parent company Digital Currency Group. Morgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients. In April, the firm allowed a handful of its funds to invest indirectly in bitcoin through cash-settled futures contracts and Grayscale’s Bitcoin Trust,… Source link