Category: TCUK
JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding
On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup Deliveroo in the UK, two of Deliveroo’s biggest rivals got their own £6.2 billion merger approved, and they have subsequently picked up an extra $756 million…
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Facebook Avatars, a Bitmoji competitor, launches in Europe
Facebook Avatars, which lets users customize a virtual lookalike of themselves for use as stickers in chat and comments, is now available across Europe, the company said today. The social giant’s Avatars, a clone of Snapchat’s popular Bitmoji, was first unveiled last year. The feature, which Facebook sees as an…
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Deliveroo, Graphcore and other big UK startups say they’re being cut out of COVID-19 lending relief
The UK government, like a number of other countries around the world such as the US, has stepped up its pace in providing relief in the form of loans for businesses being impacted by the coronavirus health crisis and the related shutdown that we’ve seen across the economy and life…
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Indian ride-hailing firm Ola to launch in London on February 10
Ride-hailing firm Ola will begin operations in London on February 10, it said today as the Indian firm slowly expands into new international markets and widens its competition with Uber, another SoftBank portfolio firm. Ola said it will be “fully operational from day one” in London, where it has signed…
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