A worker stacks boxes inside of an Amazon fulfillment center in Robbinsville, New Jersey. Lucas Jackson | Reuters The next big industrial warehouse might find itself on top of a former golf course. Or in…
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Deliveroo cuts IPO target range after investor backlash
Mike Kemp | In Pictures | Getty Images LONDON – Food delivery start-up Deliveroo has changed the target value for its initial public offering on the London Stock Exchange, after some some investors expressed concerns…
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British used car dealer Cazoo is going public in the US via SPAC
Cazoo founder and CEO Alex Chesterman. Cazoo LONDON — Cazoo announced Monday that it will go public through a merger with billionaire investor Daniel Och’s special purpose acquisition company. Cazoo, founded just three years ago,…
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Amazon gets FDA authorization for at-home Covid-19 test
An Amazon worker inside a warehouse during coronavirus pandemic Amazon has received authorization from the Food and Drug Administration for a Covid-19 test that it hopes to use to bolster its employee screening program. The…
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Getir, Gorillas and Wolt raise big rounds to try and take on Amazon
Miki Kuusi, CEO and co-founder of Wolt. Wolt LONDON – Venture capital firms and private equity investors are going wild for European e-commerce start-ups hoping to take on Amazon. So far this year, three potential…
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Deliveroo IPO dogged by workers’ rights complaints
A Deliveroo courier rides along Regent Street delivering takeaway food in central London during Covid-19 Tier 4 restrictions. Pietro Recchia | SOPA Images | LightRocket via Getty Images LONDON – Deliveroo’s stock market listing is…
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5 things to know before the stock market opens Wednesday, March 24
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to bounce after Tuesday’s broad sell-off People are seen on Wall St. outside the New…
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