Grab has reportedly indicated a pause or potential halt in its merger talks with GoTo amid regulatory concerns and political backlash in Indonesia over concerns about competition and consumer impact.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Uber Eats, DoorDash, and Grubhub reached a settlement with New York City over a set of laws that increased the minimum pay for delivery workers and capped the fees charged to restaurants.
Uber appoints Nikesh Arora to Board of Directors. Chairman Ron Sugar praises his tech, finance, and international market experience. UBER stock up 32%.
The Robobus service covers 2.8 km in 12 minutes, connecting Avenue de la Porte d'Auteuil, Place de la Porte d'Auteuil, P1 Parking Carrefour des Anciens Combattants, and Village de Roland Garros.
Major Canadian oil and gas firms Cenovus Energy, Meg Energy, and Canadian Natural Resources have all shut some of their operations in the top oil-producing province.
In a regulatory filing on Monday, Uber also announced the departure of Pierre-Dimitri Gore-Coty, who has led the company’s delivery segment for 13 years.
