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Uber finishes the acquisition of foodpand Taiwan, citing regulatory obstacles

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Uber Eats bike courier

Uber Technologies has accomplished the acquisition of foodpand Hero in Taiwan, a German technology company he said on Tuesday.

The commercial appears about three months later Taiwan antitrust regulator he blocked the contract, citing Competitive problems. The Honest Trade Commission (FTC) said that if Uber purchased a foodpand, its market share in Taiwan will increase to 90%, potentially resulting in Uber’s price increase.

Uber eats and foodpanda are The best players On the food supply market in Taiwan. In the last report was found This foodpand enjoyed a 52% market share from January 2022 to August 2023, while Uber Eats had 48%. Food supply corporations, reminiscent of foodomo and lots of other applications for providing fast food, constitute a small percentage of Taiwan market share.

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Pursuant to the contract signed on May 14, 2024, Uber is obliged to pay a termination fee, which is estimated at around USD 250 million.

Uber and the delivery hero didn’t immediately reply to the technical request for comment.

When Uber announced He would buy Taiwan Division Foodpand from the delivery hero, he expected to finish the contract in the first half of 2025. Transferring in accordance with Uber Eatsa’s plan in Asia, especially by strengthening its presence in Taiwan. Both corporations also got involved in a separate agreement wherein Uber agreed to purchase $ 300 million of newly broadcast unusual shares from the hero of delivery.

The contract also emphasized the further withdrawal of the hero of delivery from the same market. At that point, the delivery hero tried to sell a package of other Southeast Asia operations – including in Singapore, Cambodia, Laos, Malaysia, Myanmar, the Philippines and Thailand – an undisclosed third side. In September 2023 ended these discussionsAn announcement in a press release that “the decision to solve negotiations after months of discussion was made after thoroughly considered.”

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The hero’s food supply division compete with hornbeams in Southeast Asia.

In September, his foodpanda unit released the exemption geared toward improving operations before potential sales. The cuts previously occurred with dismissals from staff in 2022 and 2023.

(Tagstotransate) Asia

This article was originally published on : techcrunch.com
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The Tesla dealer in France set fire to a group addressed to musk

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fire, Tesla, Elon Musk, group, attack, France

Tesla’s dozen vehicles were set on fire, with 8 completely damaged.


According to the French Tesla store in France, he was set on fire in what the authorities call a suspicious attack on arson

The fire broke out on March 2 in the suburbs of Toulouse from Plaisance-Dou-Touch. Eight Tesla vehicles have been destroyed, which causes an estimated lack of 700,000 euros (756 280 USD), and 4 other Teslas have been seriously damaged.

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The city prosecutor’s office stated that the fire was “no accident at all.”

Investigators imagine that arsonists cut a hole in the dealer’s peripheral fence before setting on. March 4 Anarchist Group of southern France He demanded responsibilitycalling the attack a part of his mission to fight fascism.

Today, there may be an acceleration of fascist, patriarchal, exobal and colonial design. While the elites reproduce Nazi greetings, we decided to salute in our own way, Tesla’s dealer on the night of March 2-3, 2025 in Plaisance-Dou-Touch.
We burned the vehicles in the housing with two gasoline cans. Later, we wondered if fire boards could be a simpler way.

“Today there is an acceleration of fascist, patriarchal, genocidal and colonial design. While the elites propagate Nazi salutes, we decided to welcome the Tesla dealer in our own way at night from March 2-3, 2025, in Plaisance-Du-Touch. We set on fire in vehicles inside the complex with two gasoline cans, “said the group in a statement.

Group message encouraged others to take similar actions Against Tesla CEO, Elon Musk and his billionaire allies. His slogan: “Hello spring, burn Tesla!” He suggests that there could also be more attacks.

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While the French government didn’t accept attacks on Muska, officials have He was critical of him recently.

“Ten years ago, if we were told that the owner of one of the largest social networks in the world would support a new international reaction and intervene directly in elections, including in Germany, who would imagine it?” French President Emmanuel Macron said.

Macron’s comments refer to Musk’s presence on the far -right German political event where he expressed support for a supposedly extremist party. Musk called members not to be ashamed of the party’s past, which incorporates help in the Holocaust. Ethnic nationalism also seemed to be supported.

“It is good to be proud of German culture and German values, and not lose it in some multiculturalism that dilutes everything,” said Musk.

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Since joining the administration of Trump, Musk drew controversy regarding inflammatory statements and actions.

During the presidential inauguration, musk was seen Chest movement Interpreted as a Nazi salut on the stage. The owner X denied that the gesture was deliberate, but many disagreed.

Musk also promoted the concept of ​​taking on Canada and Denmark and include them in the United States. Citizens of countries spoke noisely against what they consider to be hostile rhetoric.

Since the influence of musk becomes an increasing number of controversial, more groups turned to direct motion against it, each in the US and abroad.

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This article was originally published on : www.blackenterprise.com
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Dustin Moskovitz, CEO of Asana

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Asana CEO Dustin Moskovitz

Dustin Moskovitz retires with Asana, a software company, which he founded in 2008.

Asana, task management platform, He announced his pension as part of a report on earnings within the fourth quarter of the corporateCNBC reported. Moskovitz informed the plaque that he intends to maneuver to the role of a chair when the brand new general director begins.

The company has collected over $ 450 million in financing the undertaking, with akin to G Squared, Founders Fund and 8VC, amongst others, before it took the audience in 2020. Before Asana, Moskovitz was a co -founder of Meta, before Facebook.

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TechCrunch contacted Asana to get more information and update this post once we retreat.

(Tagstranslatate) asana

This article was originally published on : techcrunch.com
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Tammy joins us to the startup ai ai startup cratopy as CEO

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Photo of Tammy H. Nam on a bridge

CreatorThe startup, which uses artificial intelligence to automate the creation of digital ads, has brought a brand new CEO: I’m.

We had previously been COO and CMO at the start-editor of Picsart, and earlier the general director of the Viki streamer. Techcrunch said via e -mail that Creatoropy is searching for an American director who knows how to scale early stage startups, cooperated with European founders (the product was first developed in Romania) and understands marketing technology.

“Fortunately, I will adjust this bill,” she said.

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He also joins us to the Creatopy board, and the previous CEO of Startup, Dan Oros, entered the advisory role.

The startup announced a series A $ 10 million and under the leadership of European VCS 3VC and Point Nine last 12 months. In an announcement, Partner 3VC Eva Arh described us as “one of the best operators I know.”

From February 2024 to February 2025, the company claims that revenues from the market and enterprise increased by 400%, with a big a part of this growth over the past six months. Customers are Astrazeneca, Nascar and The Economist.

“What is unusual in creatoropes – especially for a relatively unknown company – is our ability to acquire major business clients in demanding industries, such as pharmacists and banking,” he told us.

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She added that customers love this product “our intuitive interface, unique product capabilities and excellent customer service.” In fact, she suggested that because large language models develop into “ubiquitous”, the Creator is differentiated on the basis of “the ability to understand the needs of customers and satisfying-it can be ironically-quality value in addition to artificial intelligence.”

He also described the brand’s security as “the highest priority”, and marketing managers sent brand sets during the account configuration, and these sets be sure that each commercial generated by AI is consistent with their brand’s guidelines.

“Our artificial intelligence does not replace strategic thinking; It strengthens – she said. “Some of our clients have reported 10x or more efficiency, because we eliminate tedious, manual work consisting in generating a whole lot of AD varieties in sizes, formats, languages, etc.”

(Tagstotranslate) createopy

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