Uber Ambitiously Eyes 2021 for Food-Delivery Drones Launch - Wall Street Journal

Uber Technologies envisions taking to the skies with a fleet of food-delivery drones in as little as three years, an ambitious timeline for a ride-hailing company that would face technical challenges and regulatory hurdles......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The biggest ride-sharing and food-delivery companies in the U.S. are in talks to set up a fund to compensate drivers affected by the novel coronavirus, a step that highlights the pressure they face to provide workers with broader employment protections......»»

Uber Technologies Inc. wants to launch food-delivery drones by 2021, as the ride-hailing company continues to diversify its menu of business lines. The San Francisco-based company posted a job ad for a executive to spearhead the initiative, which i.....»»

Third-party restaurant delivery platform DoorDash Inc. (NASDAQ: DASH) has reached an agreement to acquire the robotics startup company Chowbotics, according to The Wall Street Journal, read more.....»»

The company is also evaluating possibilities of partnering with street food makers in Kolkata. Based on the response, it may later be extended to other cities as well.....»»

DoorDash Inc. on Thursday said it raised $250 million in a round of funding that values the prepared food-delivery startup at $4 billion, more than doubling its valuation for the second time in five months......»»

Zume Inc. is in the process of raising a major new round of capital through SoftBank Vision Fund in a deal that is expected to place a value of roughly $2.25 billion for the pizza-delivery and food-logistics startup......»»

In autumn 2019, Celia Johnson began resisting efforts by billionaire Elon Musk’s SpaceX to buy two modest houses she owns near the company’s rocket-launch facility......»»

Uber's announcement it will expand its f.....»»

The Food and Dr.....»»

Self-driving company TuSimple Inc. unveiled paperwork for its initial public offering Tuesday showing it has lost more than $300 million over the past three years in the race to be the first to launch fully autonomous long-haul trucks......»»

India’s economy took a pounding from the COVID-19 pandemic. But could the impact of vaccines — combined with the country’s underlying drivers of growth — boost Indian-focused exchange-traded funds in 2021?.....»»

The company isn't yet sure whether it will pursue a traditional IPO or an alternative like a SPAC merger, The Wall Street Journal reported. Turo Car-rental startup Turo aims to list its shares publicly in 2.....»»

Pandemic buying trends that favored household goods and food over apparel continued, according to early sales data from firms that track shopper spending......»»

The vaccine for the COVID-19 virus recently began shipment. The Wall Street Journal states it will take until sometime in March of 2021 to vaccinate the first 100 .....»»

The ECB move follows a lifting of a ban by the Bank of England last week......»»

Jim Bartsch Uber cofounder Travis Kalanick bought a lavish Los Angeles estate for $43.3 million in April, Katherine Clarke reported for The Wall Street Journal. It sold for 42% under its original a.....»»

Reuters / Valentyn Ogirenko Uber has made an offer to buy rival delivery service GrubHub, Bloomberg and the Wall Stree.....»»

Amazon.com Inc. (NASDAQ: AMZN) employees use privileged access to third-party seller data on its platform to determine which of the company's label products to launch, the Wall Street Journal read more.....»»