Nestlé acquires healthy meal startup Freshly for up to $1.5B - Founded in 2015, Freshly is a New York City-based startup that delivers healthy meals to your home in weekly orders, which can then be prepared in a few minutes via microwave or oven.ī8ta remains bullish on IRL shopping with new acquisition - B8ta offers shelf space to unique digital products. Reliance Jio Platforms tops 400M subscribers, explores expanding services outside of India - The Facebook- and Google-backed telecom operator said its finances have improved, despite the pandemic.ĭaimler invests in lidar company Luminar in push to bring autonomous trucks to highways - Luminar will also become a publicly traded company through its merger with special purpose acquisition company Gores Metropoulos. Uber Eats faces discrimination allegations over free delivery from Black-owned restaurants - Uber says it has received more than 8,500 demands for arbitration as a result of it ditching delivery fees for some Black-owned restaurants via Uber Eats.įacebook is limiting distribution of ‘save our children’ hashtag over QAnon ties - Over the past several months, these terms have provided a kind of innocuous cover for the popular online conspiracy theory. It’s also worth noting that Under Armour isn’t completely giving up on digital products - it will continue operating the MapMyFitness platform, including MapMyRun and MapMyRide. Under Armour says it’s making these moves so that it can focus its brand on its “target consumer – the Focused Performer.” However, the diminished price suggested there may be more going on here, perhaps the business likely suffering as companies like Peloton and Apple (with its upcoming Fitness+ service) hog the spotlight in the casual fitness category. It’s also shutting down the Endomondo platform, which it acquired at the same time. The big story: Under Armour is selling MyFitnessPalįive years after Under Armour acquired MyFitnessPal for $475 million, it’s selling the diet- and exercise-tracking app to investment firm Francisco Partners for $345 million. This is your Daily Crunch for October 30, 2020. Under Armour gives up on one of its big acquisitions, Uber Eats faces complaints over its free delivery policy for Black restaurants and Facebook takes another step to limit QAnon-related content.
0 Comments
Leave a Reply. |