Tag Archives: Germany

Online grocery delivery business Rohlik Group said on Tuesday it has expanded its German business to the Rhine-Main region including Frankfurt and plans to add Hamburg, Cologne and other cities within two years to become the German market leader. ‘Aiming for a turnover of €1.2 billion in 2024, (Rohlik’s German brand) Knuspr.de is aiming to be number one in the growing e-grocery market in Germany with 30% market share,’ the company said in a statement. Rohlik, set up by Czech businessman… Source link

In the latest bit of regulatory woe for Big Tech in Europe, Google is trying to settle a German antitrust investigation into its news licensing product by offering not to expand the display of News Showcase “story panels” into general search results. The German Federal Cartel Office (FCO) announced today that the company has proposed several measures in response to its antitrust concerns — which also include taking steps to put clear blue water between News Showcase contracts and… Source link

The use of cryptocurrency in Germany is increasing rapidly with Bitcoin and Ethereum being widely used in e-commerce to purchase goods. Cryptocurrencies in Germany are regularly transferred and traded and companies have invested their capital in the new digital currency. It is estimated that more than 2.1 million people – 2.62% of Germany’s total population – currently own cryptocurrency with Bitcoin as the leader. The majority of German cryptocurrency owners are in the 18-34 age group… Source link

Also in today’s EMEA regional roundup: Truphone expands its IoT reach with Sony; mobile money booms in sub-Saharan Africa; Orange extends 4G in French Guiana. Yandex, Russia’s answer to Amazon, is planning to launch its cloud business in Germany in 2022, with an initial investment of $30 million, Reuters reports (paywall may apply). Yandex currently claims 12,400 cloud clients, and its cloud revenue is expected to reach around 3 billion roubles ($41 million) in 2021. According to the report,… Source link

File Photo: The logo of the Russian internet group Yandex was taken on October 4, 2018 at the company’s headquarters in Moscow, Russia. REUTERS / Shamil Zhumatov / File Photo September 24, 2021 Moscow (Reuters) -Russian internet company Yandex plans to launch a cloud business in Germany in 2022 with an initial investment of $ 30 million announced prior to Friday’s annual Yandex.Scale cloud conference. .. Yandex.Cloud revenue is expected to double to around 3 billion rubles in 2021, but… Source link

MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in 2018, it remains one of Yandex’s smaller business lines. Group revenue for 2021 is seen at between 330 and 340 billion roubles. “This is a very important step…. Source link

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo MOSCOW, Sept 24 (Reuters) – Russian internet firm Yandex (YNDX.O) plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in… Source link

BERLIN (AP) — Google said Tuesday that it is investing 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and to increase the use of renewable energy. The internet giant said it plans to add new cloud computing centers in the Berlin region and in the town of Hanau, close to the DE-CIX data exchange in Frankfurt. Google said it would purchase more than 140 megawatts of electricity from the German subsidiary of French utility company… Source link

BERLIN (AP) — Google said Tuesday that it is investing 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and to increase the use of renewable energy. The internet giant said it plans to add new cloud computing centers in the Berlin region and in the town of Hanau, close to the DE-CIX data exchange in Frankfurt. Google said it would purchase more than 140 megawatts of electricity from the German subsidiary of French utility company Engie over the… Source link

WASHINGTON, July 19 (Reuters) – The United States and Germany are expected to announce a deal resolving their longstanding dispute over Russia’s $11 billion Nord Stream 2 natural gas pipeline in coming days, sources familiar with the matter said on Monday. U.S. President Joe Biden and German Chancellor Angela Merkel failed to settle their differences over the undersea pipeline when they met last week, but agreed Moscow must not be allowed to use energy as a weapon against its neighbors. A deal… Source link