Uber Technologies, Inc. (NYSE: UBER) has announced it will acquire Delivery Hero SE’s (FSE: DHER) foodpanda business in Taiwan for $950 million. The transaction is contingent on regulatory approval and standard closing conditions, with completion expected in the first half of 2025. In addition, Uber will buy $300 million worth
Amazon’s track record of super fast deliveries at record time will be tested in South Africa with its newly opened marketplace, given several challenges beyond its control. The African country has been grappling with load shedding (extended power cuts) on and off for 17 years, forcing many companies out of
Maersk has expanded its air freight operations by launching a full-service, in-transit gateway solution in Miami. This new facility highlights Maersk’s dedication to delivering seamless and competitive connectivity to key Latin American markets. John Wetherell, global head of air freight forwarding at Maersk says: “Our Miami expansion is a vital
It’s a bleak picture painted by many postal services, and now the Canada Post is bleeding money, too. It recorded a loss of $550 in 2023, with the future up in the air. According to local newspapers, it’s not the first time the postal service has been waving red flags.
More than half of Germany’s online purchases are made with customers’ smartphones, and more than 50% are generated on marketplaces. According to E-commerce News, as a result, more than $50 billion in online sales have been made. Handelsverband Deutschland (HDE) released a report that carefully collected the latest data from
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The US postal services have seen a “surge in mail theft and violent crimes,” including a 139% increase in reports of “high-volume mail theft.” The United States Postal Inspection Service (USPIS) is reportedly busy stepping up its efforts to combat these types of crimes. Scrippsnews says the newly launched Project
Amazon customers in the UK will now be able to receive parcels, thanks to the company’s micro-mobility hubs. The company first launched its micro-mobility hub in London and Manchester in 2022. Now, customers in Belfast, Northern Ireland can enjoy the benefits of these micro-mobility hubs. “Normally, packages arrive at these
