Ford is laying off 3,000 employees

Ford is laying off about 3,000 employees and contract workers, with the cuts primarily affecting staff in the US, Canada, and India, The Wall Street Journal reports. Chairman Bill Ford and CEO Jim Farley sent a memo on Monday informing staff of the layoffs, with affected workers being told later this week. “Building this future… Continue reading Ford is laying off 3,000 employees

ROKT PARTNERS WITH UBER AND AMC THEATRES AS IT ACCELERATES ITS GLOBAL GROWTH

Ecommerce Leaders Use Rokt’s Technology to Drive Additional Revenue and Relevancy During Checkout  NEW YORK, Aug. 22, 2022 /PRNewswire/ — Rokt, the leading ecommerce technology using machine learning to make transactions more relevant to each shopper, today announced new partnerships with Uber Technologies, Inc. (NYSE: UBER) and AMC Theatres® (NYSE: AMC) to unlock new revenue opportunities… Continue reading ROKT PARTNERS WITH UBER AND AMC THEATRES AS IT ACCELERATES ITS GLOBAL GROWTH

Japan Automotive Seating Market Analysis/Growth Report 2022: Focus on Sustainability and Material, Safety and HVAC, Flexible Seating and HWW, Position Control and Entertainment

DUBLIN, Aug. 22, 2022 /PRNewswire/ — The “Japanese Automotive Seating Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. Automotive seating is a mature market. Original equipment manufacturers (OEMs) need to design all passenger cars with seating systems, ensuring that the automotive seating market has never-diminishing demand. The seating market in Japan has traditionally been a… Continue reading Japan Automotive Seating Market Analysis/Growth Report 2022: Focus on Sustainability and Material, Safety and HVAC, Flexible Seating and HWW, Position Control and Entertainment

S Korean online grocery startup Kurly gets IPO preliminary approvalKurly received pre-IPO funding from PE firm Anchor Equity in December 2021

South Korea’s Kurly Inc, which operates the online grocery service Market Kurly, has received preliminary approval for an initial public offering (IPO), the Korea Exchange said on Monday. Kurly has seen annual revenue grow threefold to 1.6 trillion won ($1.19 billion) in 2021 from 426 billion in 2019 as demand for online grocery shopping jumped during the COVID-19 pandemic,… Continue reading S Korean online grocery startup Kurly gets IPO preliminary approvalKurly received pre-IPO funding from PE firm Anchor Equity in December 2021

KBO Bike celebrating 2nd Anniversary with 2nd Anniversary Sale, offering $300 discount

CARSON CITY, Nev., Aug. 22, 2022 /PRNewswire/ — KBO Bike is pleased to announce their 2nd Anniversary Sale this month. Based in California, the company is a fast-rising electric commuter bikes manufacturer that offers advanced electric bikes at highly affordable rates. The sale has already started from August 9, 2022 and is live now. KBO Bike is… Continue reading KBO Bike celebrating 2nd Anniversary with 2nd Anniversary Sale, offering $300 discount

HDFC ERGO launches ‘All Things EV’ platform for present and future EV customers

Potential EV buyers can get information on all the EV options available in India, along with the cost of ownership and subsidies offered by different state governments. New Delhi: HDFC ERGO General Insurance Company, a private sector general insurance company, has launched ‘All Things EV,’ a one-stop-solution portal for electric vehicles (EV). In line with… Continue reading HDFC ERGO launches ‘All Things EV’ platform for present and future EV customers

The Ups and Downs of Funding: Why You Should be Willing to Change Your Mind

Private equity deals, funding rounds and, eventually, the move to becoming a publicly listed company can be a rollercoaster. There can be highs, lows, and plateaus, but the ultimate goal for all concerned is to take investments and use them to create a thriving business. Sometimes that happens, sometimes it doesn’t. That’s the nature of… Continue reading The Ups and Downs of Funding: Why You Should be Willing to Change Your Mind

Perform Raises $1.2M in Funding

Perform Founding Advisor Meb Keflezighi Perform, a San Francisco, CA-based startup that helps runners reach their goals with a personal running coach and smart training app, raised $1.2M in funding. The round was led by defy.vc, with participation from Techstars, the Chief Product Officer of Calm, the former Chief Product Officer of Uber, the co-founder… Continue reading Perform Raises $1.2M in Funding

Drone Logistics Market to Reach $53.32 Billion, Globally, by 2031 at 20.8% CAGR: Allied Market Research

Increase in demand for time-efficient delivery service and rise in demand for drones in last mile delivery drive the growth of the global drone logistics market.  PORTLAND, Ore. , Aug. 22, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Drone Logistics Market by Component (Hardware, Software, Services), by Application (Warehouse and Storage Management, Transportation Management), by… Continue reading Drone Logistics Market to Reach $53.32 Billion, Globally, by 2031 at 20.8% CAGR: Allied Market Research

Urban Air Mobility Market to Reach $29.0 Billion by 2030: The Brainy Insights

NEWARK, N.J., Aug. 22, 2022 /PRNewswire/ — As per the report published by The Brainy Insights, the global urban air mobility market is expected to grow from USD 2.1 billion in 2021 to USD 29.0 billion by 2030, at a CAGR of 33.9% during the forecast period 2022-2030. Urban air mobility (UAM) is a highly automated, on-demand,… Continue reading Urban Air Mobility Market to Reach $29.0 Billion by 2030: The Brainy Insights