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While the two firms still need the go-ahead from a competition authority before they combine operations, Netherlands-based online food ordering company Takeaway.com made it known that its purchase of Just Eat was a done deal. 10 in its all-stock offer for Just Eat, which came out ahead of a competing Prosus NV cash bid.
The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. The first big move was the introduction this month of an online marketplace to enhance the popular Kroger Ship service and widely expand the digital assortment of private-label products that Kroger has on offer.
Russia’s biggest technology firm, Yandex NV, launched an online service that uses bike couriers to bring groceries to Moscow residents in 15 minutes, Bloomberg reported on Tuesday (Jan. The free service, called Lavka, stocks roughly 2,000 items and plans to operate as a digital convenience market for items like toothpaste and condoms.
online auto sales market after a current test run in Italy has unnerved shareholders of Britain’s biggest auto dealer websites. According to Bloomberg Markets , the news that Amazon might be selling vehicles in the U.K. In addition, manufacturers are allowing customers to configure cars online. to Alphabet, Inc.
Takeaway.com fought a months-long battle against rival Prosus NV for the right to buy Just Eat, finally coming out victorious. Competition and Markets Authority (CMA) has reversed its initial position on the deal. market without the current deal with Just Eats in place. market without the current deal with Just Eats in place.
The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 Volatile stock markets and political uncertainty has made it challenging for other Europe-based companies to sell shares. ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners.
The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. Set to launch in a year and a half, it will provide credit and brokerage services to retail customers.
Steinhoff International Holdings NV, which is the parent of Mattress Firm and acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. This was, in part, due to a wave of new manufacturing startups selling mattresses online, including Casper, Helix Sleep , Saatva, Tuft & Needle, Leesa and Purple.
Steinhoff International Holdings NV, which acquired the company in 2016, has reportedly sought to restructure some of its subsidiaries’ debt. But online mattress retailers have a unique business model to make customers comfortable with buying a mattress online: They offer the opportunity to try it out for a few months.
Texas-based grocery chain H-E-B , in one case, is rolling out a new app that the company says is one of many technologies that it will use “to enhance its digital services to better meet the evolving needs and expectations” of online and in-store customers. Kroger , in one case, has invested in its customer and its associate experience.
Governor Steve Sisolak (D-NV) has authorized what The Associated Press called a “limited marijuana banking system” for the state, a tourist mecca where recreational cannabis is legal. The aim is to create “an online system where digital currency could be sent and received.” The news is a bit vague so far, but certainly significant.
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