Three of the major food delivery apps in the US are suing NYC over a new law that would limit how much they can fee restaurants for their service. According to them, this would force them to compensate for their margins on end consumers.
The American ride-hailing company will pay $1.4 billion in cash for the Dubai-based company and $1.7 billion in convertible notes, and Careem shareholders will have until Monday to agree with the terms.
Amazon has been taking over the retail industry with its superior tech and on Tuesday, the company launched a service that delivers packages to the trunk of your car. Amazon uses a digital app to open the trunks of client’s cars where the package will be delivered.