The company has not formally filed for Chapter 11 or Chapter 7 bankruptcy…
Rite Aid, a more than half-century-old drugstore chain, filed for Chapter 11 Bankruptcy in late 2023, but the brand is attempting to salvage its business under crisis CEO Jeffrey Stein. Here’s how and why it happened…
Seven venture capital and startup organizations focused on diversity within tech have announced the Diversity Data Alliance, a commitment to standardizing the way that data is collected and shared. Data transparency remains a pressing issue within venture for people looking to better track where and to whom money is allocated. Many firms already privately compile…
Economy scars voters in run-up to EU election
South Africa’s unemployment rate climbs weeks before election
After another reading of hotter-than-expected inflation, you’d think Federal Reserve Chair Jerome Powell might be getting a little worried that the battle will go on much longer than expected.But Powell, for the most part, isn’t stressing ahead of Wednesday’s crucial Consumer Price Index data set to be released in the morning.Tuesday’s wholesale inflation data, which…
Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand in Asia, specifically by strengthening its position in Taiwan. On the other hand, it also underscores Delivery Hero’s ongoing retreat from that same market: the sale…
The company’s autonomous vehicles have had a number of misadventures lately, involving driving into construction sites. © 2024 TechCrunch. All rights reserved. For personal use only…
Share to FacebookShare to TwitterShare to LinkedinRazzak Jallow is the CFO of pre-IPO fintech company FloQast. getty Over the course of a company’s life cycle, you’ll encounter different investors with different objectives, needs and interests. From the very early stages of a startup all the way to more established companies, your investor base will evolve—you’ll…
Uber Technologies on Tuesday announced that it will acquire Delivery Hero’s Foodpanda food delivery business in Taiwan for $950 million in cash. The deal, if it goes through, would be one of Taiwan’s largest acquisitions outside its core semiconductor sector. The acquision is subject to regulatory approval and other customary closing conditions by early 2025
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