Scooter startup Bird raises $300m in latest funding round

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The round was led by Sequoia Capital and joined by investors Accel, B Capital, CRV, Sound Ventures, Greycroft and e.ventures.

Bird

Alibaba invests in Turkey’s e-commerce startup Trendyol

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Trendyol, one of Turkey’s best known online fashion retailers, has drawn backing from foreign investors and holds a leading position in Turkey’s fragmented e-commerce market.


Amazon to buy online pharmacy PillPack in drug retailing push

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The deal will put it in head-to-head competition against existing drug retailers CVS Health and Walgreens Boots Alliance.


After China, India’s Oyo Rooms looks to spread wings in Indonesia, UK and Europe

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Oyo is looking to expand in the UK and some European countries within next 12-18 months.


Ride-hailing firm Lyft raises $600m funding at $15b valuation

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The new funding round was led by existing backer Fidelity Management, which becomes the largest investor in Lyft.


The journey of how Swiggy became India’s fastest unicorn

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Swiggy got a lot of things right, but the driving force behind its success is in its excellent logistics operations.


Flipkart merges budget brand Billion with private label business

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Billion is now part of a portfolio of eight private label brands, which are being overseen by Flipkart executive Adarsh Menon.


Uber gets 15-month license to operate in London

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The 15-month reprieve is far less than the five-year private hire permit the company had previously or the 18-month approval it originally sought at the hearing.


Indonesia’s Go-Jek in talks to raise $1.5b in fresh funding: Report

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Rival Grab recently secured $1 billion in funding from Toyota, the lead investor in its ongoing funding round.


Indonesia’s Go-Jek launches local brands for Vietnam, Thailand expansion

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Go-Jek’s affiliate in Vietnam will go by the name of Go-Viet, while its Thai counterpart will be named GET.