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JUST EAT ACQUISITION
Sharpen your memory with these 8 simple morning habits: Psychologists ExplainsYour morning routine significantly impacts brain function. Simple habits like consistent sleep, sunlight exposure, and exercise boost alert...
There are bulls and bears, and also ducks. When Warren Buffett warned against being a stock market duckWarren Buffett mentioned a metaphor that should haunt every investor who has ever felt clever during a rising market: The preening duck tha...
India’s next reform push must target cost of doing businessIndia faces high business costs impacting competitiveness. Addressing credit, land, input, logistics, and compliance expenses is crucial. B...
Apple Turns 50: How a company 90 days from bankruptcy became worth $3.6 trillionApple Computer Company, founded 50 years ago, faced near collapse in 1997. Steve Jobs returned as interim CEO after being ousted years earl...
As Eternal names a new CEO, a look back at Zomato’s journeyEternal — the parent company of Zomato and Blinkit — announced in a stock exchange filing on Wednesday that its founder Deepinder Goyal has...
Prosus doubles half-year core profit amid e-commerce pivotProsus reported a 99% surge in adjusted half-year core profit, reaching $423 million, driven by strong digital services and e-commerce perf...
Prosus 'very confident' of early EU antitrust nod for $4.7-billion Just Eat dealProsus said that it is confident of gaining early EU antitrust approval for its €4.1 billion acquisition of Just Eat Takeaway.com. The deal...
Prosus surpasses financial targets with $7.4 billion annual earningsProsus reported a 47% rise in full-year core headline earnings to $7.4 billion. The company reported 21% growth in ecommerce revenue. "We a...
Cooking up a deal: DoorDash's Europe push is fraught with challengesDoorDash is making a significant push into Europe with the $3.9 billion acquisition of Deliveroo, expanding its reach to 40 countries. Mean...
SaaS unicorn Browserstack acquires Berlin-based startup Bird Eats BugBrowserstack has committed a mix of cash, stock and future investment for the $20-million acquisition. Along with this deal, the Accel-back...
Amazon adds Grubhub food delivery to its website, app in the USAmazon already offers no-fee access to Grubhub, to U.S. Prime members. As part of the agreement, Amazon Prime members will continue to be e...
UK food delivery app Just Eat Takeaway to lay off more than 1,700 courier employeesJust Eat Takeaway said its UK division will stop employing its own couriers -- and instead will only use self-employed gig economy workers.
Uber, Postmates agree on $2.65 billion all-stock dealLast week, it was reported that Postmates had revived plans for an initial public offering following dealmaking in the U.S. online food del...
UberEats to ride with its main app in IndiaThe move will give customers an option to pick Rides or Eats with equal visibility — a prominent way to direct a rides customer to order fo...
M&As zoom 7-fold in startup spaceAs many as 34 M&As have happened so far, compared to just five last year till April end. There were a total of 46 deals in 2014, which mean...
Foodpanda gobbles up rival JustEat India; combined entity to have 250 employees in IndiaFoodpanda also acquired Room Service in Malaysia, City Delivery in Philippines, Eat Oye in Pakistan and Koziness in Hong Kong.
- New year resolutions
US president-elect’s slogan of ‘Change we can believe in’ sums up the mood in which New Year resolutions are made.
- India Inc scorches Street M&A
With the blockbuster weekend on Deal Street behind us, India Inc is set to be counted among the biggest merger & acquisition (M&A) markets ...
- India Inc scorches Street M&A
In just one-and-a-half months of this year, India Inc has been involved in M&A deals worth $32 billion.
- Weekend party's over, but a deal year ahead
With the blockbuster weekend on deal street behind us, India Inc is set to be counted among the biggest merger & acquisition(M&A) markets f...