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Uber to buy delivery arm of Turkey’s Getir

Commerce, Digital Marketing, food delivery, getir, Mergers and Acquisitions, SEO Tips, Startups, Technology / WebBanao.Com

The deal will see Uber paying $335 million at the outset to purchase Getir’s food delivery business. Uber will also pay $100 million for a 15% stake in Getir’s grocery, retail and water delivery business.

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Why Tether’s CEO is everywhere right now

AI, Circle, Commerce, Crypto, Digital Marketing, SEO Tips, TC, Technology / WebBanao.Com

For years, Tether’s CEO avoided the United States, watching from offshore as regulators circled and prosecutors investigated. Those days are over.

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India offers zero taxes through 2047 to lure global AI workloads

AI, Commerce, Digital Marketing, Government & Policy, Hardware, SEO Tips, Technology, Transportation / WebBanao.Com

New Delhi’s latest move comes as Amazon, Google, and Microsoft expand data center investments in India.

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Allbirds is closing its last brick-and-mortar store in San Francisco

allbirds, Commerce, Digital Marketing, SEO Tips, Technology / WebBanao.Com

Once symbolic of a mid-2010s San Francisco tech bro, Allbirds is cutting costs to “support the long-term health of the business.”

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India’s Shadowfax slips on listing, as client concentration spooks investors

Commerce, Digital Marketing, Flipkart, SEO Tips, Shadowfax, Technology / WebBanao.Com

Shadowfax shares fell about 9% on theirdebut, valuing the logistics firm near its last private valuation.

India’s Shadowfax slips on listing, as client concentration spooks investors Read More »

Amazon agrees to pay consumers $309M in returns policy settlement

Amazon, Commerce, Digital Marketing, Government & Policy, SEO Tips, Technology / WebBanao.Com

The lawsuit, filed in 2023, alleged that Amazon caused “substantial unjustified monetary losses” for consumers who returned an item but were still charged for it.

Amazon agrees to pay consumers $309M in returns policy settlement Read More »