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Just Eat Takeaway sells Grubhub to Wonder for $650 million Nov 14, 2024

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Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com and will accelerate our growth.

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Swiggy market debut fuels India’s food, quick commerce wars Nov 14, 2024

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Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato.

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Bounce bags $19M to expand its traveler convenience network Nov 13, 2024

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Luggage storage as a vector for piling into convenience-based revenue opportunities in the business of global travel continues to put a spring in San Francisco-based Bounce‘s step. The startup has just tucked $19 million in Series B funding into its suitcase, with a plan to keep rolling revenue that’s grown 20x since its $12M Series

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SmartBank secures $26M for its personal finance management app Nov 13, 2024

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The majority of the aging population in Japan still prefers using cash for transactions, according to a recent report citing government data. In 2023, cashless transactions in Japan totaled 126.7 trillion yen ($885 billion), accounting for 39.3 percent of all spending in the country, said the Japanese government.

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Equal has a plan to fight India’s growing cyber fraud problem Nov 12, 2024

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Equal, an Indian startup founded by Keshav Reddy, has raised $10M in its maiden funding round led by Prosus Ventures to scale identity verification and financial data sharing.

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Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital Nov 12, 2024

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Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder and CEO of DogHero, LatAm’s version of Rover.

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Yelp just spent $80M on a site for car repair estimates Nov 11, 2024

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Yelp, which made a name for itself giving restaurant recs, just bought an auto services website. In the company’s earnings report on Thursday, Yelp revealed that it agreed to buy RepairPal, a site for car repair estimates, for $80 million in cash

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Supersonic aircraft startup Exosonic is shutting down Nov 11, 2024

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Exosonic, a startup developing supersonic commercial air travel and UAV tech, is winding down after five years of operation. In an update posted to its website, Exosonic said it was unable to find the traction necessary to continue operations.

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Glint Solar grabs $8M to help accelerate solar energy adoption across Europe Nov 08, 2024

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Solar energy is booming, which is good news for Glint Solar. The Norwegian software-as-a-service startup has built a platform that’s helping energy giants and large solar developers such as E.ON, Recurrent Energy, and Statkraft cut the time it takes to plan and pre-design solar installations to accelerate the transition to renewables.

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Ulysses is using robots to restore seagrass populations Nov 08, 2024

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Seagrass punches above its weight. The marine plant only occupies 0.1% of the ocean floor but can be credited with supporting marine ecosystems of plants and fish, filtering ocean water and capturing quite a bit of carbon

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