Deliveroo could exit the market without the help of Amazon
The Competition and Markets Authority (CMA) has provisionally cleared Amazon’s investment in Deliveroo, after Deliveroo’s financial position deteriorates as a result of COVID-19.
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FarEye helps to enable movement of essential goods
Logistics SaaS platform FarEye, has announced a Series D investment of USD 25 million led by M12 (Microsoft’s venture fund) with participation from Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round.
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Post Office helps self-isolating customers access cash
Post Office, a retail post office company in the United Kingdom, is making two of its products – ‘Payout Now’ and ‘Fast PACE’ (a pre-authorised cheque encashment service) available to all UK’s banks, building societies and credit unions so they can be offered to any of their customers who are most in need of access to cash simply and speedily during this national emergency.
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DPD: food and NHS deliveries to increase rapidly
Parcel delivery firm DPD says it is making 200,000 food deliveries a week and DPD is planning for that number to rise significantly in the coming weeks.
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FedEx Express helps move COVID-19 test specimens from remote testing centres
FedEx Express, a subsidiary of FedEx Corp. has revealed it helped the U.S. government quickly move COVID-19 test specimens from more than 50 remote drive-thru testing centres at major retailers across 12 states.
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