On Thursday, Estonia-based ride-hailing service provider Bolt stated, it has decided to invest $118 million in 2021 and has set a goal to become the biggest e-scooter rental company in Europe. The development comes at a time when cab services have been severely affected by the coronavirus-induced COVID19 pandemic. As part of this strategy Bolt…
On Tuesday, according to a report from the Mint newspaper which cites sources familiar with the matter at hand, Walmart Inc is in talks with India’s Tata Group for a potential investment of up to $25 billion in its new “super app”. The new “super app could be launched as a joint venture between Tata…
On Thursday, according to a report from the Financial Times, in a deal worth $29.57 billion (24 billion pounds), the British units of Liberty Global Plc and Telefónica SA will merge with Telefónica SA. Both companies are expected to announce the merger deal on Thursday following five months of negotiations, said the FT’s report citing…
The demand which incidentally underscores the wide gap between Viacom’s price expectations and CBS Corp’s offer price indicates that both companies have made little progress in talks. The synergies however have potential since it would position the combined company to better leverage its asset swhile negotiating with U.S. cable and satellite companies. As per sources…
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